Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Regional Mall in Sebring, Florida Title is generated by Realmo AI

    901 U.S Hwy 27 N, Sebring, FL 33870

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    489,000 SF regional mall with retail, dining, and entertainment.

    Type:Office
    Property size:
    489,000 SF
    Added:
    Feb 26, 2026
    Days on Market:
    100
    Last Refresh:
    Feb 26 at 10:47 pm

    Property Features for 901 U.S Hwy 27 N

    General Information

    Standard status
    Active
    Size
    489,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    1992

    We can help!

    Listing Contact
    Dan Thompson

    Listing agent Dan Thompson

    Listing office

    Listing date Feb 26, 2026

    Source Naiglobal

    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 Dan Thompson

    HighLights

    • 489,000 SF regional mall offering diverse retail, food, and entertainment options
    • Anchored by national tenants including Bealls, Belk, Gamestop, and Rack Room Shoes
    • Features an AMC Cinema 8 movie theater and a Planet Fitness
    • On‑site dining options include Red Lobster, Outback Steakhouse, and Chili's, plus a food court
    • Multi‑tenant building suitable for office, medical, and retail use
    • Built in 1992

    Overview

    Lakeshore Mall is a 489,000 square foot regional mall located in Sebring, Florida. The property offers a mix of food, entertainment, and shopping options. The multi-tenant building features concrete block construction, a composition roof, and a slab on grade. Interior flooring consists of wood and carpet. Current tenants include AMC Cinema 8, Planet Fitness, Bealls, Belk, Gamestop, Rack Room Shoes, and Elegant Jewelers. On-site dining options include Red Lobster, Outback Steakhouse, Chili's, and a food court. The property is suitable for office, medical, and retail use.
    Location Intelligence

    Current Use by Public Records

    Belk Clothing & Fashion Store Planet Fitness Gym & Fitness Center Beautyattitude llc Hair Salon Cindy's Nails Nail Salon Expert Nails Nail Salon

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.38
    Latitude
    27.4773

    Nearby Similar for Sale

    • $1,200,000
      10,188 SF

      Versatile Industrial Property in Sebring

      Two buildings on over one acre, ideal for manufacturing.
      623 Park Street, Sebring, FL 33870
      View Details
    • $750,000
      5,440 SF

      Downtown Sebring Commercial Portfolio

      Prime commercial portfolio in downtown Sebring with redevelopment potential.
      408 N Ridgewood Drive, Sebring, FL 33870
      View Details
    • $399,000
      2,886 SF

      Sebring Commercial Building For Sale

      Commercial building in downtown Sebring, an excellent investment opportunity.
      343 S Commerce Avenue, Sebring, FL 33870
      View Details
    • $400,000
      2,566 SF

      Newer Duplex with Private Garages

      Fully rented duplex in Sebring with modern finishes and each unit featuring its own 1-car garage.
      6301 Candler Terrace, Sebring, FL 33876
      View Details
    • $450,000
      2,240 SF

      New Sebring Duplex Opportunity

      New 2024 duplex with income potential in Sebring, FL.
      4123 MANDARIN ROAD, SEBRING, FL 33875
      View Details
    • $689,000
      5,300 SF

      Historic Automotive Building on Corner

      High-visibility corner lot, operating as automotive body shop.
      702 N Ridgewood Dr, Sebring, FL 33870
      View Details
    • $614,900

      Renovated Triplex in Sun 'n Lake

      Fully renovated triplex with versatile layout in Sebring, Florida.
      4702 Mercado Drive, Sebring, FL 33872
      View Details
    • $200,000
      1,178 SF

      Sebring Corner Lot Commercial Property

      Corner lot commercial property with strong visibility and accessibility.
      3603 KENILWORTH BOULEVARD, SEBRING, FL 33870
      View Details
    • $814,900

      Sebring Multifamily Investment Opportunity

      Four well-maintained duplex units in Sebring, Florida.
      615 Memorial Drive, Sebring, FL 33870
      View Details
    • $350,000
      1,920 SF

      Updated Duplex with Rental Income

      Income-generating duplex with updated unit and large backyard.
      2203 COLMAR AVENUE, SEBRING, FL 33870
      View Details
    • $400,000

      New Duplex Investment Property

      Modern, fully rented duplex offers turnkey income with private garages and updated walk-in showers in a low-maintenance setup.
      6301 Candler Terrace, Sebring, FL 33876
      View Details
    • $79
      9,600 SF

      Sebring Warehouse with Fenced Yard

      9,600 SF warehouse on 1.8 acres, renovated in 2025.
      250 Deer Trail E., Sebring, FL 33876
      View Details

    FAQs

    What type of property is this?
    Shopping center - 489,000 SF regional mall with retail, dining, and entertainment.
    Where is this shopping center located?
    The property is located at 901 U.S Hwy 27 N Sebring, FL.
    What are key features of this property?
    This property features: 489,000 SF regional mall offering diverse retail, food, and entertainment options; Anchored by national tenants including Bealls, Belk, Gamestop, and Rack Room Shoes; Features an AMC Cinema 8 movie theater and a Planet Fitness
    (901) 484-4903
    We can help!
    Listing Contact
    Dan Thompson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    901 U.S. Hwy 27 N | Sebring, FL 33870
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!