Flex Warehouse with Office and Addl
For Sale
$1,250,000
2914 Kenilworth Boulevard, Sebring, FL 33870
Warehouse facility includes finished office/showroom and multiple roll-up doors plus two additional income-producing buildings.
Property Size13,659 SF
Price / SF$91.51
Days on Market244
Property Features for 2914 Kenilworth Boulevard
General Information
Standard status
Active
Size
13,659 SF
Property subtype
Commercial
Building Details
Year Built
1958
Listing Agency:
ADVANTAGE REALTY 1
(863) 381-1578
Listed By:
BJ Wagner · License #3152505
Source:
Realtygroupfl
Added: Dec 1, 2025
Changed: Jul 22
Last Checked: Aug 1 at 2:59AM
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
Investment Insights
Based on property information with market context.
This downtown Sebring flex warehouse offering includes a 13,000± SF warehouse with approximately 2,000± SF of finished office/showroom space. The main warehouse features 16' to 20' ceiling heights, six 12' x 12' ground-level roll-up doors, and a 10' rear bay door for secondary access. The improvements include a 75' x 60' area with 22' ceilings and a 160' x 40' area with 17' ceilings, plus a 12' x 36' loft for added storage or workspace. Site and building utilities include three-phase power, air lines positioned throughout, reinforced concrete infrastructure, storm drains, security fencing, and two bathrooms in the industrial area. The finished portion offers a showroom and reception with dedicated bathroom, five private upstairs offices, a shared kitchen area, and an additional upstairs bathroom.
The property also includes two additional commercial buildings, each approximately 1,300 SF. One building is currently leased at $1,200 per month through June 2027 and the tenant would like to remain, while the second building is vacant with plumbing remaining from its prior 5-station beauty salon operation and layout flexibility for office, retail, or professional use. Visibility is called out along Kenilworth Boulevard.
The property also includes two additional commercial buildings, each approximately 1,300 SF. One building is currently leased at $1,200 per month through June 2027 and the tenant would like to remain, while the second building is vacant with plumbing remaining from its prior 5-station beauty salon operation and layout flexibility for office, retail, or professional use. Visibility is called out along Kenilworth Boulevard.
Key Highlights
- 13,000± SF warehouse with approx. 2,000± SF finished office/showroom space in downtown Sebring (built 1958)
- Main warehouse features 16'–20' ceiling heights, six 12' x 12' ground‑level roll‑up doors, and a 10' rear bay door
- Industrial capacity includes approx. 75' x 60' with 22' ceilings and 160' x 40' with 17' ceilings, plus a 12' x 36' loft
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.5k | $8.16 |
| − Vacancy | −$5.3k | −$0.39 |
| EGI | $106.1k | $7.77 |
| − OpEx | −$15.9k | −$1.17 |
| NOI | $90.2k | $6.60 |
13,659 SF · lease $8.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.99M
$1.74M – $2.32M
NOI $139,035 @ 7.0% cap · market cap 11.12%
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.
Property Analytics
Current Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Warehouse facility includes finished office/showroom and multiple roll-up doors plus two additional income-producing 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: 13,000± SF warehouse with approx. 2,000± SF finished office/showroom space in downtown Sebring (built 1958); Main warehouse features 16'–20' ceiling heights, six 12' x 12' ground‑level roll‑up doors, and a 10' rear bay door; Industrial capacity includes approx. 75' x 60' with 22' ceilings and 160' x 40' with 17' ceilings, plus a 12' x 36' loft
