Medical Office Complex Near
For Sale
$5,000,000
6801 US 27 Highway N, Sebring, FL 33870
Commercial, Single Story, Sebring, FL
Property Size44,280 SF
Lot Size4.23 Acres
Price / SF$112.92
Days on Market207
Property Features for 6801 US 27 Highway N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B2
Parking features
Assigned
Interior features
Private Restrooms, Public Restrooms
Exterior features
Stucco
Directions
From Hammock Rd and US Hwy 27 S in Sebring travel NORTH on US 27 to Medical Building on the LEFT, in front of Advent Health hospital.
Standard status
Active
APN
C-04-34-28-030-0410-0010
Size
44,280 SF
Lot size
4.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUN N LAKE EST OF SEBRING UNIT 3 PB 9-PG 49 NLY 400 FT OF SLY 651 FT OF ELY 450 FT OF BLK 41
Tax Annual Amount
62448
Legal Description
SUN N LAKE EST OF SEBRING UNIT 3 PB 9-PG 49 NLY 400 FT OF SLY 651 FT OF ELY 450 FT OF BLK 41
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
1988
Floors in Building
1
Flooring type
Carpet, Laminate
Building materials
Concrete Block
Roof type
Built-Up
Architectural style
Other
Listing Agency:
ADVANTAGE REALTY #1
(863) 386-0303
Listed By:
Susan Geitner · License #F10486453
(863) 273-0145
Added: Feb 10
Changed: Sep 3
Last Checked: Sep 5 at 4:06AM
MLS# 322320
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.
This single-story medical office complex contains 44280 square feet across a 4.23-acre site and was built in 1988. The property includes private and public restrooms, laminate and carpet flooring, stucco over concrete block construction, a built-up roof, central electric heating, central air conditioning, and assigned parking. Public sewer serves the property.
The complex is next to AdventHealth in Sebring’s established healthcare corridor. Approximately 10,000+/- SF can be customized for a modern medical practice, while existing suites provide additional space within the property. Available configurations range from 1,400 SF to 3,500+/- SF. Touring tenant-occupied areas requires a CA and executed LOI/PSA.
The complex is next to AdventHealth in Sebring’s established healthcare corridor. Approximately 10,000+/- SF can be customized for a modern medical practice, while existing suites provide additional space within the property. Available configurations range from 1,400 SF to 3,500+/- SF. Touring tenant-occupied areas requires a CA and executed LOI/PSA.
Key Highlights
- 44280 square feet on 4.23 acres
- Medical office complex next to AdventHealth
- Approximately 10,000+/- SF available for customization
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$450,726
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,014,520
$9.0M
Cap Rate 7%
$6,438,943
$6.4M
Cap Rate 9%
$5,008,067
$5.0M
Market Conditions
NOI Build-Up for 44,280 SF
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.
Gross rent
$770.5K $17.40/SF
− Vacancy
−$169.5K −$3.83/SF
EGI
$601.0K $13.57/SF
− OpEx
−$150.2K −$3.39/SF
NOI
$450.7K $10.18/SF
Area
Highlands County, FL
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,014,520
Cap Rate 7%
$6,438,943
Cap Rate 9%
$5,008,067
Alternative Uses
Best Use
Office B
$6.44M
$5.63M – $7.51M
NOI $450,726 @ 7.0% cap · market cap 9.01%
Second Best
Healthcare Medical
$5.50M
$4.82M – $6.42M
NOI $385,209 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$9.21M
$8.06M – $10.75M
NOI $644,858 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33870, FL
24,238
Population
13,933
Households
1.7
Avg Household Size
51
Median Age
18%
College-Educated
84%
High-School Grad
95.3 sq mi
ZIP Area
254
Density / Sq Mi
$50,606
Median Household Income
$28,475
Median Earnings
$977
Median Rent
$154,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-story healthcare property with flexible suites, assigned parking, and B2 zoning.
Where is this medical office space located?
The property is located at 6801 US 27 Highway N Sebring, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 44280 square feet on 4.23 acres; Medical office complex next to AdventHealth; Approximately 10,000+/- SF available for customization
