Warehouse with Showroom and
For Sale
$1,950,000
2920 Alt US Highway 27 South, Sebring, FL 33870
Warehouse for sale with eight oversized grade-level bay doors, plus a showroom with office space and surplus land.
Property Size15,277 SF
Lot Size1.64 Acres
Price / SF$127.64
Days on Market31
Property Features for 2920 Alt US Highway 27 South
General Information
Standard status
Active
Size
15,277 SF
Lot size
1.64 Acres
Property subtype
Industrial
Additional Details
Outdoor Storage
Yes
Drive-In Doors
8
Building Details
Building Size
15,277 SF
Year Built
1968
Listing Agency:
SVN - Commercial Partners | Treasure Coast
(772) 202-5522
Listed By:
Sam Zuker
Source:
Svncp
Added: Jul 25
Changed: Aug 14
Last Checked: Aug 24 at 5:04AM
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 for-sale commercial warehouse includes an expansive warehouse area serviced by eight oversized grade-level bay doors for straightforward loading and unloading of large vehicles and equipment. The property also features a showroom and office space to support both product display and day-to-day administration.
The building sits on a 1.64± acre lot in central Sebring, FL, with easy access to major routes and local markets. Approximately 1± acre of surplus land provides flexibility for outdoor storage, additional parking, or future development.
The overall configuration supports a range of practical uses such as trades, storage, retail, motorsports-related operations, equipment sales, or repair activities, with both covered space and outdoor area available for operations.
The building sits on a 1.64± acre lot in central Sebring, FL, with easy access to major routes and local markets. Approximately 1± acre of surplus land provides flexibility for outdoor storage, additional parking, or future development.
The overall configuration supports a range of practical uses such as trades, storage, retail, motorsports-related operations, equipment sales, or repair activities, with both covered space and outdoor area available for operations.
Key Highlights
- 15,277 SF commercial warehouse built in 1968 on a 1.64± acre lot in Sebring, FL
- 8 oversized grade‑level bay doors for loading and unloading large vehicles and equipment
- Includes a showroom and office space for customer‑facing operations and administration
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
$155,505
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
7.97%
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%
$3,110,100
$3.1M
Cap Rate 7%
$2,221,500
$2.2M
Cap Rate 9%
$1,727,833
$1.7M
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
$265.8K $17.40/SF
− Vacancy
−$58.5K −$3.83/SF
EGI
$207.3K $13.57/SF
− OpEx
−$51.8K −$3.39/SF
NOI
$155.5K $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 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%
$3,110,100
Cap Rate 7%
$2,221,500
Cap Rate 9%
$1,727,833
Alternative Uses
Best Use
Office B
$2.22M
$1.94M – $2.59M
NOI $155,505 @ 7.0% cap · market cap 7.97%
Second Best
Warehouse
$1.44M
$1.26M – $1.68M
NOI $100,875 @ 7.0% cap · market cap 5.17%
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
Property Profile
Current Use
Lease Details
8
Drive-in doors
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
Well-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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sebring Mini Storage Too — 1500 Lakeview Dr, Sebring, FL 33870
- Highlands Mini Storage — 3340 Heid Rd, Sebring, FL 33870
- Storage Today - Sebring — 1112 Persimmon Ave, Sebring, FL 33870
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse for sale with eight oversized grade-level bay doors, plus a showroom with office space and surplus land.
Where is this warehouse located?
The property is located at 2920 Alt US Highway 27 South 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: 15,277 SF commercial warehouse built in 1968 on a 1.64± acre lot in Sebring, FL; 8 oversized grade‑level bay doors for loading and unloading large vehicles and equipment; Includes a showroom and office space for customer‑facing operations and administration
