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Flex Space with Living Quarters
For Sale
Under Contract
$625,000

1109 WEIGLE Avenue, Sebring, FL 33870

Commercial, Two Story, Sebring, FL

Property Size8,750 SF
Lot Size1.17 Acres
Price / SF$71.43
Days on Market94

Property Features for 1109 WEIGLE Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning INDUSTRIAL
Security features Security
Interior features Cable TV Available, Gas, Living Quarters, Private Restrooms, Public Restrooms
Exterior features Fenced, Other Irrigation
Fencing Fenced
Directions From US Hwy 27 and Hammock Rd, travel South on US Hwy 27, turn left on Lakeview, turn right on Kenilworth Blvd, left onto Weigle Ave, destination is on the left.
Standard status Active Under Contract
APN C-28-34-29-040-1430-0160
Size 8,750 SF
Lot size 1.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KENILWORTH HEIGHTS SUB PB 1-PG 59 N 1/2 OF LOT 16 + ALL LOTS 17 + 18 +LOT 19 + S 3 FT OF LOT 20+ N 1/2 LOT 4 + ALL LOTS 5 + 6 + LOT 3 + S 1/2 LOT 4 BLK 143
Tax Annual Amount 2440
Legal Description KENILWORTH HEIGHTS SUB PB 1-PG 59 N 1/2 OF LOT 16 + ALL LOTS 17 + 18 +LOT 19 + S 3 FT OF LOT 20+ N 1/2 LOT 4 + ALL LOTS 5 + 6 + LOT 3 + S 1/2 LOT 4 BLK 143

Utilities

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

Building Details

Year built 1976
Floors in Building 2
Flooring type Concrete, Laminate
Building materials Metal Frame
Roof type Metal
Architectural style Other
Additional Structures Other
Listing Agency: RE/MAX REALTY PLUS · RE/MAX International
Listed By: C Boring III
Added: Jul 10 Changed: Sep 28 Last Checked: Oct 11 at 7:06PM
MLS# 326469

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 8,750-square-foot flex facility occupies four lots totaling 1.17 acres and includes industrial work areas, a separate under-air office, private restrooms, and two public half-baths. The metal-frame building was constructed in 1976 and has a metal roof, concrete and laminate flooring, central heating and cooling, and fencing. A loading dock supports deliveries, while the site provides parking area and is connected to central water.

The property also includes on-site living quarters with three bedrooms, one and one-half bathrooms, an additional shower room, a full living area, and a kitchen with a propane stove. Utility features include a 14 KW generator, an owned 250-gallon propane tank, and a paid-for solar panel system. Zoning is designated INDUSTRIAL, with a Special Exception identified in the property information as potentially allowing operations and legal living permits. The property is located within the Sebring city limits.

Key Highlights

  • 8,750 SF industrial facility on four lots totaling 1.17 acres
  • INDUSTRIAL zoning with a Special Exception potentially allowing operations and legal living permits
  • On‑site residence with 3 bedrooms, 1.5 bathrooms, kitchen, and full living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,259
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $89,066 @ 7.0% cap · market cap 14.25%
Second Best
Mixed Use
$1.13M
$987.8K – $1.32M (±1% cap)
NOI $79,026 @ 7.0% cap · market cap 12.64%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,428 @ 7.0% cap · market cap 20.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Parking Lot & Garage Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial-zoned facility combines dedicated work areas, office space, and an on-site residence within Sebring city limits.
Where is this flex space located?
The property is located at 1109 WEIGLE Avenue 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 on four lots totaling 1.17 acres; INDUSTRIAL zoning with a Special Exception potentially allowing operations and legal living permits; On‑site residence with 3 bedrooms, 1.5 bathrooms, kitchen, and full living area
More about this property
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