2152 Boat Yard Rd Moore Haven, FL 33471
- Office buildings
- 2,221 SF
- 8.00 lot acres
Current Use by Public Records
- Glades Boat Storage Inc / Boat Storage Facility
Property Details for 2152 Boat Yard Rd
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 8.00 lot acres
- Property size
- 2,221 SF
- Property type
- Office buildings
- APN
- A29-42-31-A00-005F-0000
- APU
- A294231A00005F0000
Description
This exceptional 13-acre business opportunity, Glades Boat Storage, Inc., is located in Moore Haven, Florida (33471), at 2152 Boat Yard Rd, Glades County. The property, built in 1990, features a two-story, 10,303 square foot building with 281 units and offers a 6.00% cap rate. The asking price is $10,500,000, representing $1,019.12 per square foot and $37,366.55 per unit. This established business boasts a unique selling proposition as Florida's only Do-It-Yourself Work Area, catering to a community of boaters. Situated on the Okeechobee Waterway (St. Mi. 89), it benefits from a "hurricane-proof" location with locks mitigating water surge. The facility includes a 50-ton lift and offers inland, fresh-water storage with no tides. The property's geographical coordinates are Latitude: 26° 47' 22.1489" and Longitude: -81° 14' 28.4975". Road access is via Highway 80, 12 miles east of Labelle. Turn north on Horseshoe Acres onto Palomino Drive and follow signs north to the river. This turnkey operation presents a compelling investment opportunity in a thriving market. The property's APN is A29-42-31-A00-005F-0000 | A29-42-31-A00-005G-0000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moore Haven
- County
- Glades
- State
- Florida
- Longitude
- -81.241
- Latitude
- 26.7891
