3225 31St Ave Okeechobee, FL 34972
This exceptional .46-acre lot, encompassing 20,187 square feet, presents a unique opportunity for both commercial and residential development. Located at 3225 NW 31st Avenue in Okeechobee, Florida, 34972, this property offers significant potential. Its versatile zoning allows for a range of uses, catering to diverse investment strategies. The location is highly advantageous, situated within a thriving community experiencing notable growth. Nearby amenities include a new hospital, shopping centers, churches, and an airport, ensuring convenient access to essential services and infrastructure. The property's size provides ample space for a variety of projects, from constructing a single-family residence to developing a small-scale commercial venture. This is a rare chance to acquire a sizable parcel of land in a rapidly developing area of Okeechobee, offering substantial returns for the discerning investor. The asking price of $65,000 makes this an attractive proposition for those seeking a strategic investment in Florida real estate. Don't miss this opportunity to secure a prime piece of land in a burgeoning community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.