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    Property profile & analytics

    1705 Parrott Ave Okeechobee, FL 34974-6164

    • Retail space
    • 2,700 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US18-3798537
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Coin Cloud Bitcoin ATM / Atm / Crypto Atm
    • Tienda de chuy / Grocery Store
    • Exhale Smoke Shop OKEECHOBEE / Tobacco Shop
    • MMRP Telecommunications Okeechobee dba Total Wireless / Cell Phone Store

    Property Details for 1705 Parrott Ave

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.93 lot acres
    Property size
    2,700 SF
    Property type
    Retail space
    APN
    2-28-37-35-0A00-00028-A000
    APU
    22837350A0000028A000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $310,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $330,000
      Mixed-Use
      $360,000
      Hospitality
      $295,000
      Educational
      $350,000
      Residential Income
      $375,000
      Energy
      $355,000
      Income-Based Land
      $390,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Okeechobee
    County
    Okeechobee
    State
    Florida
    Longitude
    -80.8294
    Latitude
    27.2272
    CBSA code
    36380
    CBSA name
    OKEECHOBEE, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,480
    $279,000
    $150,177
    $429,177
    -
    $279,000
    $150,177
    $429,177

    Comparable in this City

    • Value Estimation
      $310,000
      7,342 SF

      119 Parrott Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,342 SF
      119 Parrott Ave, Okeechobee, FL 34974-2970
      View Details
    • Value Estimation
      $180,000
      2,700 SF

      11486 Us Hwy 441st SE

      RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
      11486 Us Hwy 441st SE, Okeechobee, FL 34974-1339
      View Details
    • Value Estimation
      $1,050,000
      0.44 Acres

      4th Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.44 Acres
      4th Ave, Okeechobee, FL 34974
      View Details
    • Value Estimation
      $380,000
      8,000 SF

      2302 Parrott Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      2302 Parrott Ave, Okeechobee, FL 34974-5844
      View Details
    • Value Estimation
      $155,000
      1,110 SF

      110 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,110 SF
      110 5th Ave, Okeechobee, FL 34974-4221
      View Details
    • Value Estimation
      $210,000
      3,680 SF

      3169 Us Hwy 441st SE

      RETAIL STORES (PERSONAL SERVICES) • 3,680 SF
      3169 Us Hwy 441st SE, Okeechobee, FL 34974-6841
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      Retail Outparcel to Walmart Supercenter

      Retail space available in Okeechobee, adjacent to national retailers.
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      View Details
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      Okeechobee Commercial Building Opportunity

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      View Details
    • $20 SF/Yr
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      Waterfront Restaurant/Bar in Okeechobee

      Waterfront restaurant/bar catering to tourists and locals.
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    • Contact for pricing

      Northlake Village Retail Space

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    • $650 /Mo

      Waterfront RV Lot for Rent

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      View Details
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    Okeechobee, FL 34974-6164
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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