Retail Space in Plaza
For Sale
$240,000
2d-3750 Us Highway 27 N, Sebring, FL
Retail building in Fairmont Plaza with nearby restaurants, professional services, and ample shared parking.
Property Size2,175 SF
Price / SF$110.34
Days on Market399
Property Features for 2d-3750 Us Highway 27 N
General Information
Standard status
Active
Size
2,175 SF
Taxes and HOA fees
Annual Taxes
$3,242
Building Details
Buildings
1
Listing Agency:
RE/MAX REALTY PLUS
(863) 385-0077
Listed By:
C Boring III · License #321945
(863) 385-0077
Source:
Exprealty
Added: Jul 14, 2025
Changed: Aug 14
Last Checked: Aug 15 at 9:21AM
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 RE/MAX REALTY PLUS
Investment Insights
Based on property information with market context.
This 2,175-square-foot retail building is located within Fairmont Plaza and is positioned among neighboring restaurant and professional-service tenants. The property provides a storefront setting suitable for retail-oriented commercial use, with shared parking serving the plaza.
The building is addressed on US Highway 27 N in Sebring, Florida. Its plaza environment places the space alongside a mix of food-service and professional-service businesses, creating a commercial setting with multiple neighboring uses.
The building is addressed on US Highway 27 N in Sebring, Florida. Its plaza environment places the space alongside a mix of food-service and professional-service businesses, creating a commercial setting with multiple neighboring uses.
Key Highlights
- 2,175‑square‑foot retail building
- Located in Fairmont Plaza
- Neighboring restaurants and professional services
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
$20,440
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
8.52%
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%
$408,800
$408.8K
Cap Rate 7%
$292,000
$292.0K
Cap Rate 9%
$227,111
$227.1K
Market Conditions
NOI Build-Up for 2,175 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
$32.6K $15.00/SF
− Vacancy
−$3.4K −$1.58/SF
EGI
$29.2K $13.43/SF
− OpEx
−$8.8K −$4.03/SF
NOI
$20.4K $9.40/SF
Area
Highlands County, FL
Vacancy
10.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$408,800
Cap Rate 7%
$292,000
Cap Rate 9%
$227,111
Alternative Uses
Best Use
Retail
$292.0K
$255.5K – $340.7K
NOI $20,440 @ 7.0% cap · market cap 8.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$452.5K
$395.9K – $527.9K
NOI $31,675 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
5,913 visits/mo
0.4 miles
Texaco
Shops & Services
5,386 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail 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?
Retail space - Retail building in Fairmont Plaza with nearby restaurants, professional services, and ample shared parking.
Where is this retail space located?
The property is located at 2d-3750 Us Highway 27 N Sebring, FL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 2,175‑square‑foot retail building; Located in Fairmont Plaza; Neighboring restaurants and professional services
