Mixed-Use Property with
New
For Sale
$1,250,000
2914 Kenilworth Boulevard, Sebring, FL 33870
C1-zoned site combines industrial space with office, showroom, and two separate commercial buildings.
Property Size13,659 SF
Price / SF$91.51
Days on Market3
Property Features for 2914 Kenilworth Boulevard
General Information
Standard status
Active
Size
13,659 SF
Zoning
C1
Warehouse & Industrial
Office Build-Out
2,000 SF
Mezzanine
432 SF
Drive-In Doors
7
Three-Phase Power
Yes
Additional Details
Tenant in Place
Yes
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$13,619
Amenities
Ceramic Tile,Concrete
1
true
City Lot,Street Lights
27920
50 x 197
0.64
false
Ground Level,Lighted,RV Parking
Asphalt
Concrete Perimeter
Street Lights,Access Road,Main Throrughfare
13659
3
Building Details
Building Size
13,659 SF
Year Built
1958
Buildings
3
Stories
1
Listing Agency:
ADVANTAGE REALTY 1
(352) 624-0935
Listed By:
Piotrowski Jones
Source:
Homerunrealtyteam
Added: Oct 29
Last Checked: Oct 29 at 2:44PM
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 ADVANTAGE REALTY 1
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 2914 Kenilworth Boulevard, this mixed-use property includes a warehouse facility of approximately 13,000 SF, with about 2,000 SF of finished office and showroom space. The industrial areas measure approximately 75' x 60' with 22' ceilings and 160' x 40' with 17' ceilings. Six 12' x 12' ground-level roll-up doors and a 10' rear bay door provide loading access. Other features include a 12' x 36' loft, three-phase power, air lines, storm drains, security fencing, and two industrial-area bathrooms. The office component has a showroom and reception area, five upstairs private offices, a shared kitchen, and two bathrooms.
Two additional commercial buildings, each approximately 1,300 SF, are also part of the property. One is leased through June 2027 and has reception, a day room, four office spaces, storage, and a restroom. The other is vacant; its former salon layout retains plumbing and includes a front area, private office, utility room, and bathroom. Both buildings have assigned parking. The property is zoned C1 and fronts Kenilworth Boulevard in downtown Sebring.
Two additional commercial buildings, each approximately 1,300 SF, are also part of the property. One is leased through June 2027 and has reception, a day room, four office spaces, storage, and a restroom. The other is vacant; its former salon layout retains plumbing and includes a front area, private office, utility room, and bathroom. Both buildings have assigned parking. The property is zoned C1 and fronts Kenilworth Boulevard in downtown Sebring.
Key Highlights
- Approximately 13,000 SF warehouse facility with about 2,000 SF of finished office and showroom space
- Six 12' x 12' ground‑level roll‑up doors, plus a 10' rear bay door
- Industrial areas measure approximately 75' x 60' with 22' ceilings and 160' x 40' with 17' ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,191
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,803,820
$1.8M
Cap Rate 7%
$1,288,443
$1.3M
Cap Rate 9%
$1,002,122
$1.0M
Market Conditions
NOI Build-Up for 13,659 SF
Gross rent
$111.5K $8.16/SF
− Vacancy
−$5.3K −$0.39/SF
EGI
$106.1K $7.77/SF
− OpEx
−$15.9K −$1.17/SF
NOI
$90.2K $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 Rate 5%
$1,803,820
Cap Rate 7%
$1,288,443
Cap Rate 9%
$1,002,122
Alternative Uses
Best Use
Mixed Use
$1.76M
$1.54M – $2.06M
NOI $123,361 @ 7.0% cap · market cap 9.87%
Second Best
Warehouse
$1.29M
$1.13M – $1.50M
NOI $90,191 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $198,919 @ 7.0% cap · market cap 15.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
7
Drive-in doors
Location Intelligence
Trade Area within ½ mile
447
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
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - C1-zoned site combines industrial space with office, showroom, and two separate commercial buildings.
Where is this mixed-use property located?
The property is located at 2914 Kenilworth Boulevard Sebring, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 13,000 SF warehouse facility with about 2,000 SF of finished office and showroom space; Six 12' x 12' ground‑level roll‑up doors, plus a 10' rear bay door; Industrial areas measure approximately 75' x 60' with 22' ceilings and 160' x 40' with 17' ceilings
