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Investment Highlights
- Located at a signalized intersection with access from multiple directions.
- Commercial zoning supports a variety of business and redevelopment uses.
- Approximately 300 feet of frontage along State Road 70.
- Existing building provides potential for renovation or repositioning.
Executive Summary
2054 Hwy 70 W presents an opportunity to acquire a commercially zoned property positioned at a signalized intersection along State Road 70 in Okeechobee, Florida. The site benefits from approximately 300 feet of frontage and visibility along a major east-west corridor connecting Florida's Treasure Coast communities with destinations across the state. Multiple access points from surrounding roadways enhance circulation and support a variety of commercial redevelopment or owner-user scenarios.
The property includes an existing building that provides a foundation for repositioning, renovation, or redevelopment, depending on a buyer's objectives. Its corner positioning, exposure to passing traffic, and accessibility from multiple directions create a highly visible commercial presence. Available municipal infrastructure, including city water and sewer service, further supports future use and development potential.
Okeechobee serves as a regional center for agriculture, commerce, and services within South Central Florida. The property's location along State Road 70 provides connectivity to local businesses, residential neighborhoods, and regional transportation routes. This accessibility can support retail, service, office, or mixed commercial uses permitted under applicable zoning regulations.
For investors, developers, and owner-users seeking a visible commercial location with established access improvements, the property offers a combination of frontage, accessibility, and redevelopment flexibility within a growing regional market.
The property includes an existing building that provides a foundation for repositioning, renovation, or redevelopment, depending on a buyer's objectives. Its corner positioning, exposure to passing traffic, and accessibility from multiple directions create a highly visible commercial presence. Available municipal infrastructure, including city water and sewer service, further supports future use and development potential.
Okeechobee serves as a regional center for agriculture, commerce, and services within South Central Florida. The property's location along State Road 70 provides connectivity to local businesses, residential neighborhoods, and regional transportation routes. This accessibility can support retail, service, office, or mixed commercial uses permitted under applicable zoning regulations.
For investors, developers, and owner-users seeking a visible commercial location with established access improvements, the property offers a combination of frontage, accessibility, and redevelopment flexibility within a growing regional market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,464 SF
Building Class
C
Year Built
1976
Price
$739,000
Price Per SF
$99.01
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.08 AC
Zoning
Commercial - Commercial
Frontage
Amenities
- Signage
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R1-20-37-35-0060-00000-0010 | Improvements Assessment | $26,889 |
| Land Assessment | $274,930 | Total Assessment | $301,819 |
Property Taxes
Parcel Number
R1-20-37-35-0060-00000-0010
Land Assessment
$274,930
Improvements Assessment
$26,889
Total Assessment
$301,819
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2054 Hwy 70 W



