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1800 Okeechobee Road
Fort Pierce, FL 34950
Asking Price
$1.80M
Asset Type
Religious/Church Special-purpose
Class
Class B
What's Special
Income-Producing Commercial Property with Leaseback and Vacant Lot Included <ul><li><strong>2 Parcels .62 AC & .29 AC totaling .91 AC</strong></li><li><strong>Current owner offers a 3-year leaseback, providing potential income stability for new owner</strong></li><li><strong>Near Lawnwood Hospital</strong></li><li><strong>Facility with Residential Apartment</strong></li><li><strong>Turn-Key Commercial Property</strong></li><li><strong>Okeechobee Road Commercial Facility with Expansion Parcel</strong></li><li><strong>Special Purpose Commercial Building on Okee
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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015
