Flex Space Industrial Facility with Living
For Sale
$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 Market47
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
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
Electric (Heating), Central
Cooling system
Electric, Central Air
Amenities
on-site living quarters
solar panel system
backup generator
propane tank
public half-baths
Building Details
Year built
1976
Floors in Building
2
Flooring type
Laminate, Concrete
Building materials
Metal Frame
Roof type
Metal
Architectural style
Other
Additional Structures
Other
Listing Agency:
RE/MAX REALTY PLUS · RE/MAX International
(863) 385-0077
Listed By:
C Boring III
(863) 385-0077
Added: Jul 10
Changed: Aug 19
Last Checked: Aug 25 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.
Flex space industrial facility totaling 8,750 SF on 4 lots within the Sebring city limits, built with a metal frame construction and a metal roof. The property includes on-site living quarters with a 3-bedroom, 1.5-bath layout plus an additional shower room, and it is equipped with a propane stove and a backup generator. The building features a separate under-air office, two public half-baths, and both public and private restrooms. Interior finishes include concrete and laminate flooring, and utilities include central water, electric central air, and central electric heating.
The property is zoned INDUSTRIAL and described as having a special exception framework that may allow operations and legal living permits. The site is partially fenced and includes an on-site loading dock for deliveries, along with a large lot intended to support employee parking.
On the power side, the property includes a 14 KW generator and a 250 gallon owned propane tank, plus a solar panel system installed and paid for. With its 1.17-acre footprint across 4 lots, the layout is designed to accommodate owner-user and light manufacturing, trade, or distribution-type uses while offering potential avenues for additional industrial zoning approvals.
The property is zoned INDUSTRIAL and described as having a special exception framework that may allow operations and legal living permits. The site is partially fenced and includes an on-site loading dock for deliveries, along with a large lot intended to support employee parking.
On the power side, the property includes a 14 KW generator and a 250 gallon owned propane tank, plus a solar panel system installed and paid for. With its 1.17-acre footprint across 4 lots, the layout is designed to accommodate owner-user and light manufacturing, trade, or distribution-type uses while offering potential avenues for additional industrial zoning approvals.
Key Highlights
- 8,750 SF flex space industrial facility on 4 lots in Sebring city limits
- INDUSTRIAL zoning with a special exception framework that may allow operations and legal living permits
- On‑site 3‑bedroom, 1.5‑bath residence plus 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
Warehouse
$825.4K
$722.2K – $963.0K
NOI $57,777 @ 7.0% cap · market cap 9.24%
Second Best
Flex RnD
$823.4K
$720.5K – $960.7K
NOI $57,641 @ 7.0% cap · market cap 9.22%
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space industrial building in Sebring with on-site living quarters, fenced grounds, a metal roof, and loading dock access.
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 flex space industrial facility on 4 lots in Sebring city limits; INDUSTRIAL zoning with a special exception framework that may allow operations and legal living permits; On‑site 3‑bedroom, 1.5‑bath residence plus additional shower room
