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Property profile & analytics
OFF-MARKET
Office Spaces
1000 Parrott Ave Okeechobee, FL 34974-5268
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2535246
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,508 SF
Lot
0.54 ac (23,522 SF)
APN
3-21-37-35-0040-00070-0010
UPID
US18-2535246
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Commuter Cars of Okeechobee Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pacific Creek LLC · 6 yrs held
Pacific Creek LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Okeechobee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okeechobee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,330
Tax year 2023
Assessed value
$353,003
Assessed 2023
Previous assessed
$288,345
+22.4% YoY
Effective rate
1.79%
On assessed value
Assessed land
$241,387
Assessed improvement
$111,616
Land market value
$241,387
Improvement market value
$111,616
Total market value
$353,003
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
1,508 SF
Lot
0.54 ac (23,522 SF)
APN
3-21-37-35-0040-00070-0010
UPID
US18-2535246
Jurisdiction
OKEECHOBEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Pacific Creek LLC
Entity
Mailing address
2025 MIMOSA AVE, FORT PIERCE, FL 34949-3330
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2020
—
Pacific Creek LLC
—
Deed
related
$1,812,672 · Marine Bk
Nov 26, 2019
$227,100
Pacific Creek LLC
Close Okee LLC
Warranty Deed
$1,827,000 · Marine Bk
Aug 2, 2018
$300,000
Close Okee LLC
1000 Parrott LLC
Warranty Deed
$480,000 · Midflorida Cu
Apr 17, 2013
—
1000 Parrott LLC
Lemac LLC
Warranty Deed
—
Dec 12, 2007
—
Lemac LLC
Garcia,nahum H
Quit Claim Deed
related
—
Dec 13, 2005
$500,000
Lemac LLC
Godwin,charles D & Kippy S
Warranty Deed
—
Dec 8, 2003
$325,000
Charles D Godwin
F Walker Partners LP
Grant Deed
—
Oct 29, 2002
$197,100
F Walker Partners LP
Walker,frank
Quit Claim Deed
related
—
Aug 31, 2000
$165,000
Frank Walker
Bank Of America
Grant Deed
—
Feb 16, 2000
—
Bank Of America
Marcus,walter & Glenna
Trustees Deed
related
—
—
—
Frank A Walker
—
Deed Of Trust
related
$100,000 · Big Lake National Bank
—
—
Pacific Creek LLC
—
Loan Modification
related
$1,812,672 · Marine Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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