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    Property profile & analytics

    28414 State Rd 78 Okeechobee, FL 34974-0229

    • Outlet malls
    • 11,109 SF
    • 1.65 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 04, 2024
    Location Intelligence
    Property ID
    US18-0939504
    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

    • Outlet malls

    Property Details for 28414 State Rd 78

    Year built
    2016
    Construction
    STEEL FRAME
    Lot size
    1.65 lot acres
    Property size
    11,109 SF
    Property type
    Outlet malls
    APN
    S36-38-34-009-0011-0010
    APU
    S36383400900110010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Okeechobee
    County
    Glades
    State
    Florida
    Longitude
    -80.9
    Latitude
    27.1316

    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
    $15,424
    $0.00
    $0.00
    $901,304
    -
    $215,883
    $685,421
    $901,304

    Comparable in this City

    • Value Estimation
      $225,000
      2,940 SF

      118 4th Ave

      SHOPPING CENTER, STRIP CENTER • 2,940 SF
      118 4th Ave, Okeechobee, FL 34974-4219
      View Details
    • Value Estimation
      $395,000
      3,600 SF

      114 5th Ave

      SHOPPING CENTER, STRIP CENTER • 3,600 SF
      114 5th Ave, Okeechobee, FL 34974-4221
      View Details
    • Value Estimation
      $435,000
      8,100 SF

      1811 Parrott Ave

      SHOPPING CENTER, STRIP CENTER • 8,100 SF
      1811 Parrott Ave, Okeechobee, FL 34974-6130
      View Details
    • Value Estimation
      $290,000
      1,688 SF

      204 Parrott Ave

      SHOPPING CENTER, STRIP CENTER • 1,688 SF
      204 Parrott Ave, Okeechobee, FL 34974-4339
      View Details
    • Value Estimation
      $360,000
      8,701 SF

      222 Parrott Ave

      SHOPPING CENTER, STRIP CENTER • 8,701 SF
      222 Parrott Ave, Okeechobee, FL 34974-4339
      View Details
    • Value Estimation by Request
      7,939 SF

      2303 Us Hwy 441st SE

      SHOPPING CENTER, STRIP CENTER • 7,939 SF
      2303 Us Hwy 441st SE, Okeechobee, FL 34974
      View Details

    Similar Nearby for Sale

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      Corner commercial property with ample parking and high visibility.
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      Okeechobee Warehouse and Retail Space

      Warehouse and retail space with room for expansion and storage.
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    Similar Nearby for Lease

    • Contact for pricing

      Northlake Village Retail Space

      Retail space available at Northlake Village, Okeechobee, Florida.
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    • $20 SF/Yr
      2,142 SF

      Waterfront Restaurant/Bar in Okeechobee

      Waterfront restaurant/bar catering to tourists and locals.
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    • Contact for pricing
      1,400 SF

      Retail Outparcel to Walmart Supercenter

      Retail space available in Okeechobee, adjacent to national retailers.
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    • $1,400,000
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      Okeechobee Commercial Building Opportunity

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    • $650 /Mo

      Waterfront RV Lot for Rent

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    28414 State Rd 78
    Okeechobee, FL 34974-0229
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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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