Okeechobee, FL
Commercial Real Estate Market Trends & Data

$623 Avg asking sale price
$19 Avg asking lease rate
21,010 SF Avg unit lease size
9,189 SF Avg building size for sale
7.53% Average cap rate

Okeechobee's Demographic Profile

Okeechobee has 2,106 households and a median income of $41,621, providing context for rent absorption and tenant demand across retail and multifamily assets. A +6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 5,423
# Households 2,106
Median age 41
Median household income $41,621
Avg household size 3.0
Renter-occupied housing units 761
5-year population change +6%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Okeechobee, FL

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Fort Pierce $235 5,101 SF 7.11%
Port Saint Lucie $258 121,763 SF 8.00%
Sebring $177 5,509 SF 8.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Fort Pierce $302 108,642 SF 5.11%
Port Saint Lucie $215 40,041 SF 8.00%
Sebring $188 7,277 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Okeechobee $175 6,981 SF
Lake Placid $201 7,924 SF
Fort Pierce $366 8,780 SF
Port Saint Lucie $751 5,441 SF
Sebring $212 6,988 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lake Placid $195 14,301 SF 12.00%
Fort Pierce $284 26,654 SF 10.10%

Commercial Properties For Sale in Okeechobee

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Starbucks (Brand New 2026 NN Drive Thru)

Okeechobee, FL 34974

  • 2,500 SF Retail Building
  • 5.50% Cap Rate
  • $4,091,000
For Sale

Chipotle (Brand New 2026 NNN Drive-Thru)

Okeechobee, FL 34974

  • 2,440 SF Retail Building
  • 4.60% Cap Rate
  • $4,261,000
For Sale

9.98+ Acres w/ Frontage on 441

Okeechobee, FL 34972

  • 9.98 AC Lot
  • 1 Commercial Lot
  • $300,000
For Sale

1225 NE Park Street, Okeechobee, FL 34972

Okeechobee, FL 34972

  • 2.11 AC Lot
  • 1 Commercial Lot
  • $895,000
For Sale

Secure RV & Boat Storage

Okeechobee, FL 34972

  • 0.40 AC Lot
  • 1 Commercial Lot
  • $499,000
For Sale

Kickback Inn & RV Park 10 Rooms Plus 22 Pads

Okeechobee, FL 34974

  • 3,152 SF Multifamily
  • 13.85% Cap Rate
  • $1,299,994

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Okeechobee pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Okeechobee $623 9,189 SF
Lake Placid $195 13,352 SF

Regional Demographic Comparison

This comparison places Okeechobee alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Okeechobee or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Okeechobee 5,423 2,106 41 $41,621 3 761 6%
Saint Lucie West 1,072 353 40 $84,762 3 33 24%
Lake Placid 2,352 947 44 $42,860 2 429 9%
Indiantown 5,726 1,573 32 $42,874 3 530 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Okeechobee, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Okeechobee

View All Commercial Real Estate For Sale in Okeechobee
Is Okeechobee a good market for a first-time commercial real estate investor?

Okeechobee offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Okeechobee?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Okeechobee. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Okeechobee?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Okeechobee. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Okeechobee compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Okeechobee. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Okeechobee acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Okeechobee, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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