Park Street Commerce Center

SR 70 Okeechobee, FL 34972

SR 70, Okeechobee, FL, 34972
SR 70, Okeechobee, FL, 34972 SR 70, Okeechobee, FL, 34972 SR 70, Okeechobee, FL, 34972
FOR SALE
Property Type:
Commercial Land Development
Amount:
$720,000
Last Verified:
Nov 25, 2024

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Highlights

  • 1) Pad Ready Sites (Common area improvement reimbursed to developer)
  • 2) High traffic SR 70 location with signage available
  • 3) Size ranges from 1.75 to 5.85 acres net usable

Description

New Culver’s and car wash coming soon to out-parcels, in addition to a host of other new retail in the immediate area including new Racetrac to the immediate west. Located on highly trafficked SR 70 on the east side of Okeechobee, excellent location to fill void in hospitality, medical, retail, and self storage in a city that is experiencing rapid growth and that retains high demand of goods and services within the community. Priced based on pro-rata share reimbursement of common area infrastructure, contact listing broker for delivery specifications. The property is located within favorable USDA incentive zone and in an opportunity zone.

Located on highly trafficked SR 70 in Northeast Okeechobee. Next to new Racetrac Gas Station with Culver’s and car wash under construction on Outparcels.

Lot Size: 5.85 acres


Documents

SR 70 Vacant Land - Okeechobee - Land Sale Flyer

Map of SR 70, Okeechobee, FL, 34972

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.