104 Us Highway 27 S Avon Park, FL 33825
COMMERCIAL - Avon Park, FL
- Added:
- Jan 27, 2026
- Days on Market:
- 168
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 104 Us Highway 27 S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- commercial
- Interior features
- Cable TV Available, Ceiling Fans, Handicap Facilities, Private Restrooms
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- A-21-33-28-010-0170-0100
- Size
- 9,743 SF
- Lot size
- 0.87 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TOWN OF AVON PARK IN 21-33 -28 S 180 FT OF LOTS 9 + 10 -PLAZA- BLK 17
- Tax Annual Amount
- 7690
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating), Other (Heating)
- Cooling system
- Wall Unit(s), Electric, Central Air
Building Details
- Year built
- 1957
- Floors in Building
- 2
- Flooring type
- Linoleum, Carpet, Carpet - Full, Vinyl
- Building materials
- Concrete Block
- Architectural style
- Other
Listing agent Stephen Edward Smith (865) 803-3045
Listing office ADVANTAGE REALTY #1 743 US 27 S, Sebring, FL (863) 386-0303
Listing date Jan 27, 2026
Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The asset benefits from US-27 highway frontage and visibility. A proposed redevelopment concept would convert the property into a hybrid retail and self-storage facility, featuring five renovated retail suites along US-27 and second-floor climate-controlled storage of approximately 5,000 SF above the retail.
Additional components in the concept include a signature tower/parapet feature visible from the highway, three neighborhood retail suites in the rear building, and a secure drive-up mini-storage courtyard positioned behind the buildings with approximately 60–70 units. This configuration is intended to create multiple revenue streams through retail, climate storage, drive-up storage, and residential rental, subject to buyer verification and due diligence.
Key Highlights
- 5,670 SF retail strip center fronting US‑27 in Avon Park, plus 3,198 SF secondary building and an 875 SF apartment
- Proposed redevelopment concept for a hybrid retail + self‑storage facility with multiple income streams
- Proposed plan includes 5 renovated retail suites along US‑27 and climate‑controlled storage (~5,000 SF) above the retail
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.1k | $15.00 |
| − Vacancy | −$15.3k | −$1.58 |
| EGI | $130.8k | $13.43 |
| − OpEx | −$39.2k | −$4.03 |
| NOI | $91.6k | $9.40 |
