8840 Hwy Okeechobee, FL 34974
This exceptional 1.7-acre mixed-use property boasts an enviable location on Highway 78 in Okeechobee, Florida. The property offers over 405 feet of road frontage, providing excellent visibility and accessibility. Its strategic location is less than a mile from the planned Bass Pro Shops resort and the Kissimmee River boat launch, placing it within a rapidly developing resort corridor. The property presents significant investment potential due to its prime location and versatile zoning. Currently on the site is a 2240 square foot concrete block residence, offering immediate income potential or comfortable living quarters. In addition, a 1220 square foot metal building provides ample workshop or storage space. The combined structures offer a solid foundation for a variety of commercial or residential ventures. The 1200 square foot building size is approximate. This property is priced to sell and readily available for viewing. Don't miss this unique opportunity to acquire a highly desirable piece of real estate in a thriving area. The property is zoned for mixed use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.