Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

FL-70 - PARK STREET COMMERCE CENTER 2.11 Acres of Commercial Land Offered at $850,000 in Okeechobee, FL 34972

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 29,000 AADT.
  • CULVER'S COMING SOON TO FRONT LOT.
  • LOCATED IN AN OPPORTUNITY ZONE.
  • DIRECTLY ACROSS FROM HAMPTON INN, APPLEBEE'S AND ADJACENT TO NEW RACETRAC WITH MORE RETAIL BEING DEVELOPED NEARBY.
  • NO IMPACT FEES CHARGED BY THE CITY.
  • ALL COMMON AREA INFRASTRUCTURE TO BE COMPLETED BY SELLER.

EXECUTIVE SUMMARY

Located less than a mile from downtown Okeechobee, this 16+/- acre mixed-use development known as Park Street Commerce Center will consist of a Culver's Restaurant and an express car wash on the frontage with plans for a Marriott hotel on Lot 3. Directly across the street from the Hampton Inn, Applebee's and adjacent to the new RaceTrac with more retail being developed nearby, including Slim Chickens. Exposure to 29,000 vehicles per day and located in an opportunity zone offering tax benefits, etc. This property qualifies to participate in the USDA Rural financing program as well. Seller to complete all sitework, including roadways, master storm system, etc., subject to proportionate share reimbursement by buyer.
THE INFORMATION BEING PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. NO REPRESENTATION OR WARRANTY IS MADE AS TO THE ACCURACY OR COMPLETENESS OF ANY INFORMATION CONTAINED HEREIN, INCLUDING WITHOUT LIMITATION, ANY INFORMATION REGARDING THE CONDITION OF THE PROPERTY, THE CONDITION OF TITLE, OR THE PROPERTY DESCRIPTIONS.

PROPERTY FACTS

Price $850,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 2.11 AC

1 LOT AVAILABLE

Lot 3

Price $850,000
Price Per AC $402,843.60
Lot Size 2.11 AC

DESCRIPTION

Located less than a mile from downtown Okeechobee, this 16+/- acre mixed-use development known as Park Street Commerce Center will consist of a Culver's Restaurant and an express car wash on the frontage. This site has been approved for a hotel by major brands such as Marriott, Hilton, and others. Directly across the street from the Hampton Inn, Applebee's and adjacent to the new RaceTrac with more retail being developed nearby. Exposure to 29,000 vehicles per day and located in an opportunity zone offering tax benefits, etc. This property qualifies to participate in the USDA Rural financing program as well. Seller to complete all sitework, including roadways, master storm system, etc. THE INFORMATION BEING PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. NO REPRESENTATION OR WARRANTY IS MADE AS TO THE ACCURACY OR COMPLETENESS OF ANY INFORMATION CONTAINED HEREIN, INCLUDING WITHOUT LIMITATION, ANY INFORMATION REGARDING THE CONDITION OF THE PROPERTY, THE CONDITION OF TITLE, OR THE PROPERTY DESCRIPTIONS.

  • Listing ID: 37066357

  • Date on Market: 8/1/2025

  • Last Updated:

  • Address: FL-70, Okeechobee, FL 34972

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}