5351 16th Ave Okeechobee, FL 34974-6001
This exceptional investment opportunity presents a 2.58-acre mixed-use property located at 5351 SW 16th Avenue SW, Okeechobee, FL, priced at $1,595,000. The property boasts a secure design, featuring 12x12 drive-thru doors ideal for secure inventory management and equipment servicing. A high-security fence, reinforced with barbed wire, encircles the entire lot, ensuring optimal protection. The building is in very good condition and ready for immediate occupancy. The property benefits from light commercial zoning within a planned resort area, offering significant future development potential. Internal features include a second-floor area with private offices, a meeting room, and a mezzanine accessible via a private entry. A comprehensive security system is in place for added peace of mind. The drive-thru service area is further enhanced by protective reinforced concrete stanchions. The building is equipped with air conditioning. This property represents a rare combination of security, functionality, and location, making it an attractive investment for a variety of commercial uses. The substantial lot size and existing infrastructure provide ample opportunity for expansion or adaptation to suit specific business needs.
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P.F. Farm 8183 LLC Agricultural Supply Grocery & Convenience Store
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.