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    Versatile Commercial Space, Avon Park Title is generated by Realmo AI

    1029 W Townsend Street, Avon Park, FL 33825

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    For Lease
    $1,750/Mo $14 SF/Yr (calc)

    COMMERCIAL - Avon Park, FL

    Property size:
    1,480 SF
    Lot size:
    0.19 Acres
    Added:
    Oct 7, 2025
    Days on Market:
    227
    Last Refresh:
    May 21 at 4:06 pm

    Property Features for 1029 W Townsend Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C2
    Interior features
    Private Restrooms
    Standard status
    Active
    APN
    A-27-33-28-040-0040-0100
    Size
    1,480 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    HIGHLAND PARK SUB PB 1-PG 24 LOTS 10-11 + 12 BLK 4
    Tax Annual Amount
    2160

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1977
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Metal Frame, Steel Or Other Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Kenneth Oxsalida

    Listing agent Kenneth Oxsalida

    Listing office Paradise Real Estate International LLC 3200 US Highway 27 S Suit 102, Sebring, FL

    Listing date Oct 7, 2025

    MLS# 318837

    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.

    HighLights

    • High visibility corner lot location on US 27.
    • 1,480 square feet of usable space.
    • Three large, open rooms suitable for various business types.
    • Tiled and plank flooring throughout.
    • Private restroom.
    • Central heating and air conditioning.

    Overview

    This 1,480 square-foot commercial space in Avon Park, FL, offers versatility for various business applications. The layout features three large, open rooms suitable for offices, showrooms, or a convenience store. Tiled and plank floors are installed throughout the space. A private bathroom is included. Situated on a corner lot, the property benefits from visibility from US 27, making it an ideal location for a business venture. The property is zoned C2. It is located at 1029 W Townsend Street in Avon Park, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Avon Park
    County
    Highlands
    State
    Florida
    Longitude
    -81.5132947
    Latitude
    27.5874803

    Nearby Similar for Lease

    • $2,093/Mo
      1,675 SF

      Prime Corner Lot Commercial Unit

      Move-in ready commercial unit with high visibility on U.S. Hwy 27.
      1659 Us Highway 27 N, Avon Park, FL 33825
      View Details
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      8,500 SF

      Prime Retail Space on US-27

      High-visibility retail space in Avon Park's commercial hub.
      1101 Us Highway 27 N, Avon Park, FL
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      Retail Space on US Hwy 27

      26,991 SF retail space with highway frontage for lease.
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      Restaurant Space on US Highway

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    FAQs

    What type of property is this?
    Retail space - 1480 SF commercial space suitable for various business ventures.
    Where is this retail space located?
    The property is located at 1029 W Townsend Street Avon Park, FL.
    What is the lease rate?
    The lease rate is $1,750 /Mo.
    What are key features of this property?
    This property features: High visibility corner lot location on US 27.; 1,480 square feet of usable space.; Three large, open rooms suitable for various business types.
    (863) 272-2396
    We can help!
    Listing Contact
    Kenneth Oxsalida
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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