Sebring Warehouse with Surplus
For Sale
Contact for pricing
2920 US Hwy 27 S, Sebring, FL
Spacious warehouse with showroom, office space, and surplus land.
Property Size15,277 SF
Lot Size1.64 Acres
Price / SF$127.64
Days on Market633
Property Features for 2920 US Hwy 27 S
General Information
Standard status
Active
Size
15,277 SF
Lot size
1.64 Acres
Property subtype
INDUSTRIAL
Listing Agency:
SVN - Commercial Partners | Treasure Coast
(772) 202-5522
Listed By:
Sam Zuker
(772) 220-4096
Source:
Moodyscre
Added: Dec 18, 2024
Changed: Jul 10
Last Checked: Sep 11 at 11:41AM
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 SVN - Commercial Partners | Treasure Coast
Investment Insights
Based on property information with market context.
This property features a spacious warehouse with an expansive area and 8 oversized grade-level bay doors, facilitating loading and unloading for large vehicles and equipment. It includes ample showroom and office space to showcase products and efficiently operate a business, catering to customer and administrative needs. The property also offers approximately 1 +/- acre of surplus land, providing potential for additional storage, parking, or future development. Centrally located in Sebring, the property provides easy access to major routes, local markets, and the region's motorsports community. The property size is 15,277 square feet.
Key Highlights
- Spacious Warehouse: Expansive area with 8 oversized grade level bay doors for seamless loading/unloading.
- Surplus Land: Approximately 1+/- acre, offering potential for additional storage, parking, or future development.
- Showroom & Office Space: Ample space to showcase products and operate efficiently.
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
$100,875
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
5.17%
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%
$2,017,500
$2.0M
Cap Rate 7%
$1,441,071
$1.4M
Cap Rate 9%
$1,120,833
$1.1M
Market Conditions
NOI Build-Up for 15,277 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
$124.7K $8.16/SF
− Vacancy
−$6.0K −$0.39/SF
EGI
$118.7K $7.77/SF
− OpEx
−$17.8K −$1.17/SF
NOI
$100.9K $6.60/SF
Area
Highlands County, FL
Vacancy
4.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
15.00%
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%
$2,017,500
Cap Rate 7%
$1,441,071
Cap Rate 9%
$1,120,833
Alternative Uses
Best Use
Warehouse
$1.44M
$1.26M – $1.68M
NOI $100,875 @ 7.0% cap · market cap 5.17%
Second Best
Flex RnD
$1.44M
$1.26M – $1.68M
NOI $100,638 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$3.18M
$2.78M – $3.71M
NOI $222,482 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Spacious warehouse with showroom, office space, and surplus land.
Where is this warehouse located?
The property is located at 2920 US Hwy 27 S Sebring, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Spacious Warehouse: Expansive area with **8 oversized grade level bay doors** for seamless loading/unloading.; Surplus Land: Approximately 1+/- acre, offering potential for additional storage, parking, or future development.; Showroom & Office Space: Ample space to showcase products and operate efficiently.
