Listed by Tucker Group Llc
$995,000
3126 U.S. Highway 441 South
Details
Property Type Mixed Use
Sub Type Retail
Square Footage 3,500
Units 7
Cap Rate 8.67%
NOI $86,252
Tenancy Multi
Lease Type Gross
Class B
Acreage 0.660
Zoning Commercial
Investment Type Stabilized
Tenant Credit No Credit Rating
Ground Lease No
Mixed Use | 8.67% CAP | 3,500 SqFt
Marketing description
High-visibility commercial investment property located on US Highway 441 South in Okeechobee, Florida. This income-producing property features over 3,500 square feet of leasable space on 0.66 acres of land with excellent US 441 frontage. The property generates multiple income streams including RV hookups, a hair salon, and apartment rental, providing a strong net operating income of $86,251.57 annually with an 8.67% cap rate.
Investment highlights
- Prime frontage on US Highway 441 South High traffic count & excellent visibility
- Over 3,500 SF of leasable space on 0.66 acres of land
- Multiple income streams with expansion potential
- Apartment & barn with potential for two separate rental units
- Opportunity to expand salon by 2-3 additional chairs
- Located in a strong commercial corridor adjacent to national retailers, restaurants & auto dealerships
Listing Contacts
Listed by Tucker Group Llc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,251.57
$7,187.63/mo
Valuation Metrics
0
DSCR
8.67%
Cap Rate
8.67%
ROI
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