First-Floor Executive Office
For Sale
Contact for pricing
32313 Broadway St, Sebring, FL
Class A workspace on a service road near Lakeshore Mall and a lighted US 27 intersection.
Property Size2,291 SF
Price / SF$2.08
Days on Market174
Property Features for 32313 Broadway St
General Information
Standard status
Active
Size
2,291 SF
Class
Class A
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Floor
First
Taxes and HOA fees
Annual Taxes
$49,671
Listing Agency:
COLDWELL BANKER HIGHLANDS PROPERTIES-SEBRING
(863) 382-3157
Listed By:
Peter McDevitt · License #206765
(863) 414-7025
Source:
Exprealty
Added: Apr 30
Changed: Oct 16
Last Checked: Oct 19 at 11:40AM
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 COLDWELL BANKER HIGHLANDS PROPERTIES-SEBRING
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Investment Insights
Based on property information with market context.
This first-floor office unit provides 2, 291 sqft of Class A executive workspace in the Heacock Building. Additional space is available within the building. The property includes access to 88 parking spaces, with parking located behind the building.
The building sits on a service road along US 27 near a lighted intersection, supporting convenient access. Lakeshore Mall is adjacent, and several restaurants are nearby. The lease includes utilities—water, sewer, garbage pickup, and electric—as well as common area maintenance.
The building sits on a service road along US 27 near a lighted intersection, supporting convenient access. Lakeshore Mall is adjacent, and several restaurants are nearby. The lease includes utilities—water, sewer, garbage pickup, and electric—as well as common area maintenance.
Key Highlights
- 2, 291 sqft of first‑floor Class A office space
- 88 parking spaces, including the lot behind the building
- Service‑road location along US 27 at a lighted intersection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,320
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,400
$466.4K
Cap Rate 7%
$333,143
$333.1K
Cap Rate 9%
$259,111
$259.1K
Market Conditions
NOI Build-Up for 2,291 SF
Gross rent
$39.9K $17.40/SF
− Vacancy
−$8.8K −$3.83/SF
EGI
$31.1K $13.57/SF
− OpEx
−$7.8K −$3.39/SF
NOI
$23.3K $10.18/SF
Area
Highlands County, FL
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,400
Cap Rate 7%
$333,143
Cap Rate 9%
$259,111
Alternative Uses
Best Use
Office B
$333.1K
$291.5K – $388.7K
NOI $23,320 @ 7.0% cap · market cap 488.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.6K
$417.1K – $556.1K
NOI $33,364 @ 7.0% cap · market cap 699.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Class A workspace on a service road near Lakeshore Mall and a lighted US 27 intersection.
Where is this office unit located?
The property is located at 32313 Broadway St Sebring, FL.
What are key features of this property?
This property features: 2, 291 sqft of first‑floor Class A office space; 88 parking spaces, including the lot behind the building; Service‑road location along US 27 at a lighted intersection
