4646 Okeechobee Road
About This Property
BID ~ BUY this 3.5+/- acre commercial parcel with excellent access & visibility on Okeechobee Road (SR 70)!
Zoned: C3 ~ General Commercial
281+/- Ft. of Frontage on Okeechobee Road (SR 70)
Prime Retail Site
Heavily Traveled with 28,500 AADT
Permited Uses Include (but not limited to): Retail, Professional/Medical Offices, Automotive Sales/Repair/Rental, Food and Restaurant, Convenience Store, Plus Many More!
Situated in busy and expanding commercial corridor surrounded by residential developments and just 1/2 mile east of I-95!
Selling to the HIGHEST BIDDER...REGARDLESS of PRICE!!
Registration onsite begins at 11am with the bidding starting at Noon!
Address provided is for location only. Official addr
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2021 | Sold | ||
| Sold | |||
| Jan 17, 2021 | No longer available | - | |
| No longer available | |||
| Jan 11, 2021 | Listed by Elliot Paul & Company | $1 | |
| Listed by Elliot Paul & Company | |||
| Nov 14, 2020 | Relisted | $892,000 | |
| Relisted | |||
| Oct 8, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Fort Pierce
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017