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    Property profile & analytics
    OFF-MARKET Estimated value $720,000
    Strip malls

    870 Hickpochee Ave, Labelle, FL 33935-4313

    19,297 SF 3.35 ac lot Built 2007
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US18-9500241
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 870 W Hickpochee Ave in LaBelle, Florida, offers a rare opportunity to secure space in a thriving multi-tenant building. The meticulously maintained 20,000+ square foot building boasts a desirable location in the heart of LaBelle, ensuring high visibility and accessibility. The property sits on a generous 3.36-acre lot, providing ample parking for tenants and their clients. Monument signage is available, offering excellent branding opportunities. The current tenant mix includes a diverse range of established businesses, including Domino's Pizza, RE/MAX, Florida Hometown Title, Edward Jones, Two Peas CafГ©, and Farm Credit of Florida, creating a vibrant and successful commercial environment. Currently available is Suite 300-400, encompassing approximately 3,188 rentable square feet. This space is well-suited for a variety of uses, including office, medical, and retail businesses. The lease rate is competitively priced at $12.50 per square foot, plus estimated net, net, net (NNN) charges of $5.15 per square foot. This property presents a compelling investment opportunity for businesses seeking a prominent location in a flourishing community. Don't miss this chance to establish your business in this high-traffic area.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2007
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 19,297 SF
    Lot 3.35 ac (145,926 SF)
    Zoning code LB-B-2
    APN 2 29 43 02 300 0000-002.0
    UPID US18-9500241
    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
    Current use
    Occupant on record · Public records
    • Alyssa Keating, OD, FAAO - LaBelle Ophthalmologist (Bike/Boat/Book/etc) Store
    • Saddle-Up Arcade Arcade & Gaming Center (Bike/Boat/Book/etc) Store
    • Bengston Family Practice Physician
    • New Beginnings ABA Services LLC Crisis Center Medical Clinic
    • Carmen Wilson Ophthalmologist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $720k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $720k
    Owner & transaction history
    Double D Leasing LLC · 9 yrs held
    Double D Leasing LLC
    since 2016
    7 recorded transactions
    2019
    2016
    2013
    $930,000
    2007
    2006
    2006
    2005
    Zoning & alternative use
    LB-B-2 · Labelle, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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