2305 Us Highway 441Okeechobee, FL 34974

Property Details for 2305 Us Highway 441

Year built

2000

Construction

STEEL FRAME

Lot size

0.55 AC

Property size (Sq ft)

1,552 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

1-35-37-35-0100-00000-000M

APU

1353735010000000000M

Description

Prime investment opportunity: This thriving Okeechobee, Florida liquor store, located at 2305 US Highway 441, boasts a convenient drive-thru and significant road frontage (100 ft). The property, built in 2000, offers 2366 square feet of base space and a total of 3600 actual square feet. All inventory, equipment, and the valuable liquor license are included in the asking price of $1,100,000. The business benefits from high visibility due to its location on US Highway 441. Detailed financial information is available upon request. This turnkey operation presents a rare chance to acquire an established and profitable business with significant growth potential in a desirable location. The property's size and features make it an attractive investment for both experienced and aspiring entrepreneurs in the retail alcohol sector. Serious inquiries only. Lot size is not specified.

• CAP approach

  CAP return

  Valuation

  6%

  $701,379

  6.5%

  $647,426

  7%

  $601,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,087,973

  Geo Method

  $1,087,973

• Alternative Use

  Use

  Valuation

  Residential

  $546,128

  Hospitality

  $500,251

  Educational

  $416,203

  Medical

  $430,517

  Retail

  $647,426

Location Insight

City

Okeechobee

County

Okeechobee

State

Florida

Latitude

27.2093

Longitude

-80.8045

CBSA code

36380

CBSA name

OKEECHOBEE, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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