304 SW 3Rd Ave Okeechobee, FL 34974
For Sale
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This exceptional commercial property, situated at 304 SW 3rd Avenue in Okeechobee, Florida, presents a compelling investment opportunity. The 1,446 square foot office building is strategically located on a 0.32-acre corner lot at the intersection of SW 3rd Avenue and SW 3rd Street, placing it within easy reach of the city's downtown core. The building is zoned for commercial use, offering flexibility for a variety of businesses. While the property requires some attention and improvements (TLC), its prime location and substantial size make it an attractive prospect for renovation and repositioning. The building's current condition offers a chance to add value through upgrades and modernization. This is a rare opportunity to acquire a well-situated commercial property in a growing area. Note that all measurements are approximate and should be verified independently. There is also a separately listed vacant commercial lot available nearby, presenting potential for expansion or additional income streams. Contact us today to schedule a viewing and explore the possibilities this property offers. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.