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Property profile & analytics
FOR SALE
Office buildings

2152 Boat Yard Rd Moore Haven, FL 33471

2,221 SF 8 ac lot Built 1990
Entity Owned Absentee Owner Free & Clear
Property ID
US18-4250642
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,221 SF
Lot 8 ac (348,480 SF)
APN A29-42-31-A00-005F-0000
UPID US18-4250642
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
  • Glades Boat Storage Inc Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
GLADES BOAT STORAGE INC
GLADES BOAT STORAGE INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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