AWESOME SELF STORAGE

For Sale

6489 U.S. Highway 441 S.E. , Okeechobee, FL 34974

This Okeechobee property for sale is located at 6489 U.S. Highway 441 S.E. . Contact the listing broker for details on the current sale price for AWESOME SELF STORAGE.

Contacts

broker
Cameron Vale

Oakside Companies

Property Details

  • Property Type Other
  • Units 598
  • Date Updated Mar 29, 2025

Awesome Self Storage in Okeechobee, FL, is a stabilized self-storage facility with 598 units across 66,025 NRSF, boasting 79% physical occupancy and 82% economic occupancy. Strategically located along U.S. Highway 441 S.E., with 8,000 vehicles passing daily, the property benefits from minimal competition, as no REITs operate in the trade area. Spanning 14.5 acres, it includes a 4.4-acre expansion area, ideal for covered or enclosed Boat/RV storage, and presents an opportunity to enhance revenue through institutional revenue management and marketing. The facility features six buildings, constructed between 1999 and 2007, with gated access and eight security cameras for added protection. Additionally, a proposed cell tower lease could generate approximately $36,000 annually, further increasing income potential. With a current gross potential rent of $939,923 and a projected net operating income of $640,590 for 2024, the property offers strong financial performance and growth potential.

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Highlights

  • Strong population growth within the trade area exceeding 2.5% annually.
  • 4.4 acre expansion area, perfect for covered or enclosed Boat/RV units.
  • Significant variance within the current rent roll to push ECRIs.
  • Stabilized self storage opportunity with no REIT competition within the trade area.
  • Opportunity to implement institutional revenue management/marketing to improve operations.

Getting around

  • 4/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Okeechobee, FL
  • Zip Code 34974

Points of Interest

  • Okeechobee

    6.26 miles

  • Marathon

    1.26 miles

  • Shell

    7.53 miles

  • Okeechobee Bus Garage

    7.61 miles

  • Days Inn

    3.30 miles

  • Holiday Inn Express & Suites Lake Okeechobee

    5.05 miles

  • Hampton Inn

    5.21 miles

  • Golf and RV Resort

    6.10 miles

  • Winn-Dixie

    4.78 miles

  • Publix

    4.91 miles

  • Walmart Supercenter

    4.96 miles

  • ALDI

    5.73 miles

  • La Fiesta Supermarket

    6.68 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Cameron Vale

Oakside Companies

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