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Property profile & analytics
OFF-MARKET
Office Spaces
220 14th Ave Okeechobee, FL 34972-3226
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2902600
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,108 SF
Lot
3.4 ac (148,104 SF)
APN
1-15-37-35-0030-00060-0010
UPID
US18-2902600
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
-
Hoss Aluminum Warehouse & Storage
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
John James Kenbeek · 4 yrs held
John James Kenbeek
since 2022
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
$3,206
Tax year 2023
Assessed value
$200,538
Assessed 2023
Previous assessed
$200,538
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$112,000
Assessed improvement
$88,538
Land market value
$112,000
Improvement market value
$88,538
Total market value
$200,538
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
WINDOW A/C
Buildings
3
Stories
1
Units
2
Bathrooms
2
Total area
2,108 SF
Lot
3.4 ac (148,104 SF)
APN
1-15-37-35-0030-00060-0010
UPID
US18-2902600
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
2
Bathrooms
2
Lot
3.4 ac
Current owner
From public records · entity-resolved
John James Kenbeek
Individual
Free & Clear · 4 yrs held
Mailing address
8850 E CTR ST, OKEECHOBEE, FL 34974-8197
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2022
—
James H Hawk
—
Deed
related
$249,500 · First Southern Bank
Feb 14, 2022
—
John James Kenbeek
James H Hawk
Quit Claim Deed
related
—
Aug 17, 2017
$275,000
James H Hawk
Farmer,charles
Warranty Deed
$254,250 · Charles Farmer
Aug 28, 2015
$218,600
Charles Farmer
Capital Traders & Investment
Grant Deed
—
Nov 30, 2011
$400,000
Capital Traders & Inv LLC
Farmer,charles
Warranty Deed
$370,000 · Charles Farmer
Feb 16, 2004
$262,000
Jims Parts Place INC
Chang,ji C & Moom
Grant Deed
—
Apr 30, 1999
$325,000
Ji C Chang
Farmer,charles & Myrna
Grant Deed
$300,000 · Seller
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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