3
See all 3 photos
$1,795,000
Est. payment /mo
1.28 Acres Lot
New
2821 SW 3rd Ter Okeechobee, FL 34974
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UPDATED:
03/06/2025 09:30 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision North Lake Bus Park
MLS Listing ID F10490739
HOA Y/N No
Total Fin. Sqft 55921
Annual Tax Amount $14,836
Tax Year 2024
Lot Size 1.284 Acres
Property Sub-Type Commercial
Property Description
Fully leased 17,640 sq ft commercial plaza on 1.291 acres. Recently remodeled and known as Cedar Plaza, this plaza consist of 14 individual leasable bays. Current leases in place are 2 year leases with a built in annual escalator, current actual income reflects a 7% cap rate at asking price with room to grow income. Located just off Hwy 441 South and 1 block West of Home Depot makes this property a great income producer for investors.
Location
State FL
County Okeechobee County
Area Ok10
Exterior
Utilities Available Irrigation Water, Other Utilities Available, Sewer, Water
Water Access N
Private Pool No
Building
Lot Description 1-2.5 Acres
Sewer Public Sanitation
Water Municipal Water
Others
Pets Allowed No
Listed by The Tucker Group, LLC