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    Prime Corner Lot Commercial Unit Title is generated by Realmo AI

    1659 Us Highway 27 N, Avon Park, FL 33825

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    For Lease
    $2,093/Mo $14 SF/Yr (calc)

    COMMERCIAL - Avon Park, FL

    Property size:
    1,675 SF
    Added:
    Jan 12, 2026
    Days on Market:
    122
    Last Refresh:
    May 14 at 6:06 am

    Property Features for 1659 Us Highway 27 N

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C2
    Parking features
    Assigned
    Interior features
    BB / HS Internet Available, Unfurnished
    Standard status
    Active
    APN
    A-09-33-28-020-0000-1530
    Size
    1,675 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LAKEWOOD VILLA + ADDS PB 1 PG 6 N 210 FT OF LOTS 153 + 154 LESS NLY PORT FOR RD R/W .76 ACRES
    Tax Annual Amount
    21328

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2018
    Floors in Building
    1
    Flooring type
    Linoleum
    Building materials
    Concrete Block
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    C Boring III

    Listing agent C Boring III

    Listing office RE/MAX REALTY PLUS 809 US 27 S, Sebring, FL

    Listing date Jan 12, 2026

    MLS# 321605 Listing URL

    Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility corner lot location directly on U.S. Hwy 27
    • Move‑in ready, fully built‑out 1,675+\/- sq ft commercial unit
    • Suitable for medical, professional, or retail use
    • Two restrooms included
    • Relatively new construction (built in 2018)
    • Available for lease at $15/sq ft plus CAM

    Overview

    This 1675 square foot corner lot commercial unit in Avon Park, Florida, offers exceptional visibility and high daily traffic. Situated directly on U.S. Hwy 27, the unit is suitable for medical, professional, or retail use. The space is fully built out and move-in ready, featuring two restrooms and a functional layout. The property is located in Highlands County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Avon Park
    County
    Highlands
    State
    Florida
    Longitude
    -81.513658
    Latitude
    27.576869

    Nearby Similar for Lease

    • $1,750/Mo

      Versatile Commercial Space, Avon Park

      1480 SF commercial space suitable for various business ventures.
      1029 W Townsend Street, Avon Park, FL 33825
      View Details
    • Contact for pricing

      Prime Retail Space on US-27

      High-visibility retail space in Avon Park's commercial hub.
      1101 Us Highway 27 N, Avon Park, FL
      View Details
    • Contact for pricing

      Retail Space on US Hwy 27

      26,991 SF retail space with highway frontage for lease.
      802-828 US Hwy 27 S, Avon Park, FL
      View Details
    • Contact for pricing

      Restaurant Space on US Highway

      5,400 SF restaurant space with excellent highway access.
      802 US Hwy 27 S, Avon Park, FL
      View Details

    FAQs

    What type of property is this?
    Retail space - Move-in ready commercial unit with high visibility on U.S. Hwy 27.
    Where is this retail space located?
    The property is located at 1659 Us Highway 27 N Avon Park, FL.
    What is the lease rate?
    The lease rate is $2,093 /Mo.
    What are key features of this property?
    This property features: High‑visibility corner lot location directly on U.S. Hwy 27; Move‑in ready, fully built‑out 1,675+\/- sq ft commercial unit; Suitable for medical, professional, or retail use
    (863) 385-0077
    We can help!
    Listing Contact
    C Boring III
    Learn More
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    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.

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