Property profile

0 176Th Ave Okeechobee, FL 34972

OFF-MARKET
Land
15 ac lot
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Property summary

AI-generated overview

This exceptional 15-acre parcel of land, located in Okeechobee County, Florida, presents a unique investment opportunity. Situated on a paved road in the Bassinger area, this fee-simple property boasts convenient accessibility. The land is zoned A and features a fenced perimeter, enhancing its versatility and security. A watering pond is already in place, making it suitable for livestock. The property's agricultural, hunting/recreational, and residential subtypes offer a wide range of potential uses, catering to diverse interests and investment strategies. The address is NW 176th Ave, Okeechobee, FL 34972, with the APN 1-22-35-33-0A00-00007-A000. The asking price is $330,000, and owner financing may be available. This property's combination of location, features, and zoning makes it an attractive prospect for those seeking a versatile land investment in a desirable Florida location. The property's size and existing infrastructure, including the fenced perimeter and watering pond, significantly reduce the initial investment required for development or utilization. Its proximity to paved roads ensures easy access and transportation, further enhancing its appeal. This is a rare opportunity to acquire a substantial piece of land with significant potential in a growing area.

Property profile

Verified
Property type Land
Lot 15 ac (653,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

176Th Ave Okeechobee, FL 34972
Okeechobee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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