Industrial Flex Facility with Living
For Sale
Contact for pricing
1109 WEIGLE AVE, Sebring, FL 33870
Industrial-zoned flex property with on-site living quarters, an under-air office, loading dock, and partially fenced grounds.
Property Size8,750 SF
Price / SF$71.43
Days on Market12
Property Features for 1109 WEIGLE AVE
General Information
Standard status
Active
Size
8,750 SF
Property subtype
Industrial, Special Purpose
Zoning
Industrial
Investment Type
Owner/User
Additional Details
Fenced Yard
Yes
Building Details
Year Built
1976
Buildings
1
Stories
2
Units
1
Listing Agency:
RE/MAX Realty Plus Sebring
Listed By:
Chip Boring · License #FL
Source:
Crexi
Added: Aug 14
Changed: Aug 18
Last Checked: Aug 24 at 1:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty Plus Sebring
Investment Insights
Based on property information with market context.
This 8,750 SF industrial flex facility occupies 4 lots and includes a live-work configuration with on-site residential quarters. The 3-bedroom, 1.5-bath residence has a full living area, kitchen, propane stove, and an additional shower room. The building also provides a separate under-air office, 2 public half-baths, a loading dock, and a metal roof. A 14 KW generator, 250 Gallon owned propane tank, solar panel system, and central water service are included.
The property is within Sebring city limits and is designated Industrial with a Special Exception that may allow operational and legal living permits. Grounds are partially fenced, with space for employee parking. The 4-lot layout supports the existing industrial facility and live-work arrangement.
The property is within Sebring city limits and is designated Industrial with a Special Exception that may allow operational and legal living permits. Grounds are partially fenced, with space for employee parking. The 4-lot layout supports the existing industrial facility and live-work arrangement.
Key Highlights
- 8,750 SF industrial facility across 4 lots
- Industrial zoning with a Special Exception that may allow operational and legal living permits
- 3‑bedroom, 1.5‑bath on‑site residence with kitchen, living area, and additional shower room
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
$52,259
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
8.36%
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%
$1,045,180
$1.0M
Cap Rate 7%
$746,557
$746.6K
Cap Rate 9%
$580,656
$580.7K
Market Conditions
NOI Build-Up for 8,750 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
$78.8K $9.00/SF
− Vacancy
−$4.1K −$0.47/SF
EGI
$74.7K $8.53/SF
− OpEx
−$22.4K −$2.56/SF
NOI
$52.3K $5.97/SF
Area
Highlands County, FL
Vacancy
5.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,045,180
Cap Rate 7%
$746,557
Cap Rate 9%
$580,656
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $89,066 @ 7.0% cap · market cap 14.25%
Second Best
Mixed Use
$1.13M
$987.8K – $1.32M
NOI $79,026 @ 7.0% cap · market cap 12.64%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,428 @ 7.0% cap · market cap 20.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Under-served
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned flex property with on-site living quarters, an under-air office, loading dock, and partially fenced grounds.
Where is this flex space located?
The property is located at 1109 WEIGLE AVE Sebring, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 8,750 SF industrial facility across 4 lots; Industrial zoning with a Special Exception that may allow operational and legal living permits; 3‑bedroom, 1.5‑bath on‑site residence with kitchen, living area, and additional shower room
