Office Unit with Lake
1241 Us Hwy 27 S, Sebring, FL 33870
For Sale
Contact for pricing
A professional suite along US 27 has separately metered electricity, with water, sewer, and trash covered by the landlord.
Property Size4,935 SF
Price / SF$0.14
Days on Market66
Property Features for 1241 Us Hwy 27 S
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Property Use
Listing Agency:
Highlands County Realty LLC
Listed By:
Leah N Egipciaco · License FL #3512006
(786) 650-7745
Source:
Wycliffecommunityrealty
Added: Sep 8
Changed: Nov 11
Last Checked: Nov 11 at 8:40PM
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 Highlands County Realty LLC
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Investment Insights
Based on property information with market context.
This approximately 590-square-foot office suite is part of Golfview Plaza and overlooks Lake Jackson and Harder Hall. Electricity is individually metered and paid by the tenant; the landlord covers water, sewer, and trash.
The plaza fronts US 27 in Sebring, providing access to nearby restaurants, banks, medical services, shopping, and other businesses.
The plaza fronts US 27 in Sebring, providing access to nearby restaurants, banks, medical services, shopping, and other businesses.
Key Highlights
- Approximately 590 square feet of office space
- Lake views overlooking Lake Jackson and Harder Hall
- Golfview Plaza location along US 27
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,233
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,660
$1.0M
Cap Rate 7%
$717,614
$717.6K
Cap Rate 9%
$558,144
$558.1K
Market Conditions
NOI Build-Up for 4,935 SF
Gross rent
$85.9K $17.40/SF
− Vacancy
−$18.9K −$3.83/SF
EGI
$67.0K $13.57/SF
− OpEx
−$16.7K −$3.39/SF
NOI
$50.2K $10.18/SF
Area
Highlands County, FL
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,660
Cap Rate 7%
$717,614
Cap Rate 9%
$558,144
Alternative Uses
Best Use
Office B
$717.6K
$627.9K – $837.2K
NOI $50,233 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$898.4K – $1.20M
NOI $71,869 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
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
$154,300
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Sebring, FL
Properties on Market for Office Units in Sebring
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A professional suite along US 27 has separately metered electricity, with water, sewer, and trash covered by the landlord.
Where is this office unit located?
The property is located at 1241 Us Hwy 27 S Sebring, FL.
What are key features of this property?
This property features: Approximately 590 square feet of office space; Lake views overlooking Lake Jackson and Harder Hall; Golfview Plaza location along US 27
