North Lake Bus Park For Sale
2821 Sw 3rd Ter, Okeechobee, FL 34974

$1,795,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10490739
  • Virtual Tour: YES
  • List Price: $1,795,000
  • Taxes:$14,836
  • Listing Date:March 6, 2025
  • Days On Market:156

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


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker