5271 US HWY 441 SE, Okeechobee, FL 34974 — MLS photo

Get More Info About This Property

5271 US HWY 441 SE, Okeechobee, FL 34974

Active · Industrial

$1,500,000

5271 US HWY 441 SE, Okeechobee, FL 34974

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2008
Lot size
53,756 sq ft
HOA fee
—
Annual tax
$8,431

About this property

MOTIVATED SELLER — BRING YOUR BEST OFFER! Rare opportunity to own a highly versatile heavy commercial property with excellent frontage and visibility on US Highway 441. The property includes approximately 11,000 sq ft across two separate buildings on more than 1.23 acres. The two buildings are approximately 8,000 sq ft and 3,000 sq ft, with a large concrete-paved parking and yard area. The main warehouse offers a spacious open layout that may be divided into multiple bays. The second building may be used for office, storage, or live/work purposes. Ideal for contractors, distribution, indoor and outdoor storage, fleet parking, sales, retail, compound use, investors, or owner-users. The property includes city water, electric service, and a new septic system. Seller is willing to remove all remaining items and inventory from both buildings. Rendering photos show the buildings vacant for visualization purposes. Seller is motivated and open to the best offer.

Property location

Get Directions

5271 US HWY 441 SE, Okeechobee, FL 34974

Loading property location…

Facts & features

Interior

Bathrooms
0
Flooring
Concrete
Cooling
Other

Exterior & Structure

Property type
Industrial
Year built
2008
Lot size
53,756 sq ft
Roof
Metal
Construction
Metal Frame, Other

Parking

Covered spaces
0
Parking features
Free Parking, Guest, Other

HOA, Community & Financials

Security
Fenced
Annual tax
$8,431
County
Okeechobee
Days on market
252
MLS listing ID
A11964156
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,263

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.6%
Gross yield
6.6%
Mortgage payment
$7,111/mo
Down payment
$375,000
Loan amount
$1,125,000
Annual NOI
$70,169

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.