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Highway-Frontage Retail Property
New
For Sale
$399,000

1174 US 27 N, Lake Placid, FL 33852

Concrete block construction, city water, and septic service support a range of commercial configurations.

Property SizeContact for details
Lot Size0.88 Acres
Days on Market4

Property Features for 1174 US 27 N

General Information

Standard status Active
Lot size 0.88 Acres
Property subtype Retail
Zoning B3

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

Acres: 0.9, Square Feet: 39083, Features: City Location, 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Oversized Lot, Septic
Roof: Aluminum
Sewer: Septic Tank
Parcel Number: P253629a0000800000, Tax Annual Amount: $5,191, Tax Legal Description: A 150 X 323.22 FT TR AS MEAS ALONG R/W OF US HWY 27 ALONG E BDRY OF SEC 27 -HWY PATROL STA- .88 ACRES, Tax Year: 2025
Cooling: Other
Heating: Other
Special Listing Conditions: Sale, Standard Status: Active
Parking Total: 2550
Construction Materials: CBS Construction, Slab Construction, Stories: 1, Year Built: 1967, Year Built Details: Resale, Building Area Total: 1597
County Or Parish: Highlands County
Leasable Area Units: Square Feet
Electric On Property YN: t, Electric: Other Electric, Utilities: Electricity Connected, Septic, Water Connected, Electricity Available, Water Available
Possession: Other
Water Source: Public
Features: Other Fire Protection, Other
Accessibility Features: Accessible Parking

Building Details

Year Built 1967
Buildings 1
Construction concrete block
Listing Agency: Illustrated Properties
Listed By: Samantha Saucedo · License #3305395
Source: Riserealty
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 14 at 9:04PM

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 Illustrated Properties

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Investment Insights

Based on property information with market context.

The Lake Placid property occupies approximately 0.88 acres and includes a concrete block building constructed in 1967. City water and septic service are in place. B3 zoning supports a range of commercial uses, subject to applicable requirements and verification of permitted use and occupancy.

The site fronts US Highway 27 N and has direct highway access. Sebring and Avon Park are among the nearby communities reachable from the property.

Key Highlights

  • Approximately 0.88 acres
  • Frontage and direct access on US Highway 27 N
  • B3 zoning; commercial uses are subject to applicable requirements

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Repair Shop Real Estate Agency Big Box & Wholesale Store Law Firm Auto Parts Store

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
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,907 visits/mo 0.1 miles

Demographics for 33852, FL

21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Concrete block construction, city water, and septic service support a range of commercial configurations.
Where is this retail space located?
The property is located at 1174 US 27 N Lake Placid, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approximately 0.88 acres; Frontage and direct access on US Highway 27 N; B3 zoning; commercial uses are subject to applicable requirements
More about this property
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