512 Park St Okeechobee, FL 34972-4151
This exceptional Okeechobee, Florida property offers a combined 15,560 square feet of retail and industrial space, presenting a unique investment opportunity. The property comprises two buildings situated on a 1.79-acre lot at 512 & 513 NW Park St, in the heart of downtown Okeechobee. One building, a 10,592 square foot free-standing structure, renovated in 1990, is ideally suited for retail use. It benefits from approximately 150 feet of frontage on NW Park Street, a major thoroughfare with an estimated 22,500 vehicles passing daily, ensuring high visibility. The second building, a 4,968 square foot warehouse, provides ample space for industrial operations or storage. The entire property boasts 14 parking spaces and is served by readily available power. Built in 1959, this single-tenant property is zoned for retail and industrial uses, offering flexibility for a variety of businesses. The property's location in downtown Okeechobee provides easy access to local amenities and a strong customer base. The property's APN numbers are 31537350010015900070 and 31537350010015900030, located in Okeechobee County, Florida, zip code 34972. This is a rare opportunity to acquire a well-located, versatile property with significant potential for growth and return on investment. The property is a single-story building.
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Badcock Home Furniture &more Home Appliance Store Hardware & Home Improvement
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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