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Property profile & analytics
FOR LEASE
Commercial land
631 SE Us Highway 441 Okeechobee, FL 34974
Entity Owned
Free & Clear
Property ID
US18-7624053
For Lease
1 / 4
Contact for pricing
631 SE Us Highway 441, Okeechobee, FL 34974
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Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.86 ac (37,461 SF)
APN
1-34-37-35-0A00-00009-0000
UPID
US18-7624053
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Be A Man Buy Land LLC
Be A Man Buy Land LLC
since 2025
Last sale
$75,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Okeechobee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okeechobee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,257
Tax year 2023
Assessed value
$96,537
Assessed 2023
Previous assessed
$73,032
+32.2% YoY
Effective rate
1.30%
On assessed value
Assessed land
$96,537
Land market value
$96,537
Total market value
$96,537
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Heating
NONE
Bathrooms
1
Lot
0.86 ac (37,461 SF)
APN
1-34-37-35-0A00-00009-0000
UPID
US18-7624053
Jurisdiction
OKEECHOBEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Bathrooms
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Be A Man Buy Land LLC
Entity
Free & Clear · 0 yrs held
Mailing address
9492 SE LITTLE CLB WAY S, JUPITER, FL 33469-1380
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
$95,000
Be A Man Buy Land LLC
Farm Holdings I LLC
Warranty Deed
—
Sep 11, 2023
$75,000
Farm Holdings 1 LLC
Glen Edward Thomas
Warranty Deed
—
Nov 16, 2015
$56,000
Glen E Thomas
Jones,james R & Melissa
Warranty Deed
—
Oct 29, 2010
—
James R Jones
Okee Partners LLC
Warranty Deed
—
Sep 20, 2007
$80,000
Okee Partners LLC
Reardon,daniel E & Catherine L
Warranty Deed
—
Jan 13, 2006
$125,000
Daniel E Reardon
Fagan,william G & Catherine H
Warranty Deed
—
Apr 21, 2005
$150,000
William G Fagan
Reardon,daniel E & Catherine L
Warranty Deed
$80,000 · Daniel E & Catherine L Reardon
Dec 10, 2004
$90,000
Daniel E Reardon
Varri,jeffrey A
Warranty Deed
$45,000 · Jeffrey A Varri
Jun 27, 2002
$15,000
Jeffrey A Varri
Salvarri,tr
Grant Deed
related
—
—
—
Okee Partners LLC
—
Deed Of Trust
related
$90,000 · Riverside National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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