Flex Industrial Property with
For Sale
$1,250,000
2914 Kenilworth Boulevard, Sebring, FL 33870
Commercial, Single Story, Sebring, FL
Property Size13,611 SF
Lot Size0.87 Acres
Price / SF$91.84
Days on Market229
Property Features for 2914 Kenilworth Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Security features
Security System
Interior features
Garage Door(s), Private Restrooms, Public Restrooms
Directions
US 27 North - Right on Lakeview Drive toward Downtown Sebring - Right on Kenilworth Blvd to address on left
Standard status
Active
APN
S-29-34-29-010-088C-0240
Size
13,611 SF
Lot size
0.87 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
KENILWORTH PARK PER PB 2-PG 63 LOTS 23,24,25 + N 60 FT OF LOTS 26 + 27 BLK 88C
Tax Annual Amount
13619
Legal Description
KENILWORTH PARK PER PB 2-PG 63 LOTS 23,24,25 + N 60 FT OF LOTS 26 + 27 BLK 88C
Utilities
Sewer type
Public Sewer
Cooling system
Electric, Central Air
Amenities
showroom
reception area
private offices
shared kitchen
Building Details
Year built
2006
Floors in Building
1
Flooring type
Concrete, Tile
Building materials
Concrete Block, Frame, Metal
Roof type
Metal
Architectural style
Other
Listing Agency:
ADVANTAGE REALTY #1
(863) 386-0303
Listed By:
Jeffrey Scott Wagner
(863) 214-0444
Added: Feb 27
Changed: Sep 12
Last Checked: Oct 14 at 7:06PM
MLS# 322635
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.
Investment Insights
Based on property information with market context.
This 13,611-square-foot flex property on 0.87 acres includes industrial buildings, a finished showroom and reception area, private offices, restrooms, and concrete and tile flooring. The warehouse configuration includes ceiling heights ranging from 16 to 22 feet, six 12' x 12' ground-level roll-up doors, and an additional 10-foot rear bay door. Three-phase power outlets and air lines are distributed through multiple warehouse areas. A 12' x 36' loft adds storage or workspace, while fencing surrounds the property.
The administrative portion includes five private upstairs offices, a shared kitchen, and dedicated bathrooms serving the showroom and industrial areas. Two additional commercial buildings are included. One offers reception, day-room, office, storage, parking, and restroom areas. The building at 2924 Kenilworth Boulevard has assigned parking, a private office, utility room, bathroom, front area, and plumbing remaining from its former salon configuration.
Built in 2006, the property has C1 zoning, public sewer, electric central air, a metal roof, and reinforced concrete site infrastructure. It is located in Sebring, Florida, with frontage along Kenilworth Boulevard.
The administrative portion includes five private upstairs offices, a shared kitchen, and dedicated bathrooms serving the showroom and industrial areas. Two additional commercial buildings are included. One offers reception, day-room, office, storage, parking, and restroom areas. The building at 2924 Kenilworth Boulevard has assigned parking, a private office, utility room, bathroom, front area, and plumbing remaining from its former salon configuration.
Built in 2006, the property has C1 zoning, public sewer, electric central air, a metal roof, and reinforced concrete site infrastructure. It is located in Sebring, Florida, with frontage along Kenilworth Boulevard.
Key Highlights
- 13,611‑square‑foot flex property on 0.87 acres
- Six 12' x 12' ground‑level roll‑up doors plus a 10‑foot rear bay door
- Industrial buildings with 16' - 20' and 22' ceiling heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,874
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,797,480
$1.8M
Cap Rate 7%
$1,283,914
$1.3M
Cap Rate 9%
$998,600
$998.6K
Market Conditions
NOI Build-Up for 13,611 SF
Gross rent
$111.1K $8.16/SF
− Vacancy
−$5.3K −$0.39/SF
EGI
$105.7K $7.77/SF
− OpEx
−$15.9K −$1.17/SF
NOI
$89.9K $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%
$1,797,480
Cap Rate 7%
$1,283,914
Cap Rate 9%
$998,600
Alternative Uses
Best Use
Office B
$1.98M
$1.73M – $2.31M
NOI $138,546 @ 7.0% cap · market cap 11.08%
Second Best
Warehouse
$1.28M
$1.12M – $1.50M
NOI $89,874 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M
NOI $198,220 @ 7.0% cap · market cap 15.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
20 ft
Clear height
7
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Under-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - C1-zoned commercial property combines industrial workspace, administrative offices, customer-facing areas, and two additional buildings.
Where is this flex space 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: 13,611‑square‑foot flex property on 0.87 acres; Six 12' x 12' ground‑level roll‑up doors plus a 10‑foot rear bay door; Industrial buildings with 16' - 20' and 22' ceiling heights
