High-Ceiling Retail
For Sale
$1,500,000
32379 Broadway Street, Sebring, FL 33870
Commercial, Single Story, Sebring, FL
Property Size9,575 SF
Lot Size0.92 Acres
Price / SF$156.66
Days on Market327
Property Features for 32379 Broadway Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B3
Interior features
Private Restrooms, Public Restrooms, Telephone
Exterior features
Stucco
Directions
US 27 North from Hammock Rd to bld on left across from Olive Garden
Standard status
Active
APN
S-26-34-28-020-0000-0090
Size
9,575 SF
Lot size
0.92 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
SEBRING HILLS PB 6-PG 2 LOTS 9 + 10
Tax Annual Amount
14833
Legal Description
SEBRING HILLS PB 6-PG 2 LOTS 9 + 10
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
1977
Floors in Building
1
Flooring type
Concrete
Building materials
Concrete Block
Architectural style
Other
Listing Agency:
ADVANTAGE REALTY #1
(863) 386-0303
Listed By:
Gregory Karlson · License #3229372
(863) 381-4932
Added: Nov 19, 2025
Changed: Sep 29
Last Checked: Oct 12 at 3:06PM
MLS# 319691
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 B3-zoned retail property in Sebring, Florida, contains 9,575 square feet across a front showroom and rear warehouse. The front area provides more than 5,800 square feet of open display space, while the 3,000-square-foot warehouse adds storage and service capacity. A securely fenced open yard supports outdoor equipment, inventory, or vehicle storage. Three entrances allow the building to accommodate separate operating areas or multiple occupants. High parapets support prominent signage, and the clear-span, high-ceiling showroom offers an open interior configuration. The buildings were remodeled in 2008 and feature concrete-block construction, concrete flooring, central heating and cooling, and private and public restrooms.
Located at 32379 Broadway Street in Sebring, the property includes a dedicated median turn-in for access from both traffic directions. It sits across from Olive Garden and Chipotle and near Shelby Crossing Shopping Center, Home Depot, Walmart, Lowe's, and other franchise retailers. The site encompasses 0.92 acres and is served by public sewer.
Located at 32379 Broadway Street in Sebring, the property includes a dedicated median turn-in for access from both traffic directions. It sits across from Olive Garden and Chipotle and near Shelby Crossing Shopping Center, Home Depot, Walmart, Lowe's, and other franchise retailers. The site encompasses 0.92 acres and is served by public sewer.
Key Highlights
- 9,575 SF retail property on 0.92 acres
- Front showroom exceeds 5,800 SF; rear warehouse measures 3,000 SF
- Three separate entrances support distinct operating areas or occupants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,981
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,799,620
$1.8M
Cap Rate 7%
$1,285,443
$1.3M
Cap Rate 9%
$999,789
$999.8K
Market Conditions
NOI Build-Up for 9,575 SF
Gross rent
$143.6K $15.00/SF
− Vacancy
−$15.1K −$1.58/SF
EGI
$128.5K $13.43/SF
− OpEx
−$38.6K −$4.03/SF
NOI
$90.0K $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 Rate 5%
$1,799,620
Cap Rate 7%
$1,285,443
Cap Rate 9%
$999,789
Alternative Uses
Best Use
Retail
$1.29M
$1.12M – $1.50M
NOI $89,981 @ 7.0% cap · market cap 6.00%
Second Best
Warehouse
$903.2K
$790.3K – $1.05M
NOI $63,224 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,443 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
11
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Retail space - B3-zoned retail space with separate entrances, showroom, warehouse, and fenced yard.
Where is this retail space located?
The property is located at 32379 Broadway Street Sebring, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,575 SF retail property on 0.92 acres; Front showroom exceeds 5,800 SF; rear warehouse measures 3,000 SF; Three separate entrances support distinct operating areas or occupants
