Contacts

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.
Reach out to the broker for more info on lease terms and amenities
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
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Location
- City Okeechobee, FL
- Zip Code 34974
Points of Interest
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Okeechobee
6.26 miles
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Marathon
1.26 miles
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Shell
7.53 miles
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Okeechobee Bus Garage
7.61 miles
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Days Inn
3.30 miles
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Holiday Inn Express & Suites Lake Okeechobee
5.05 miles
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Hampton Inn
5.21 miles
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Golf and RV Resort
6.10 miles
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Winn-Dixie
4.78 miles
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Publix
4.91 miles
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Walmart Supercenter
4.96 miles
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ALDI
5.73 miles
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La Fiesta Supermarket
6.68 miles
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.

Oakside Companies