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Medical Office Space in Commercial Plaza
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3323 Medical Hill Rd, Sebring, FL 33870

Professional and healthcare-oriented space positioned near US 27, Wawa, and HCA Florida Highlands Hospital.

Property Size2,250 SF
Price / SF$1.18
Days on Market51

Property Features for 3323 Medical Hill Rd

General Information

Standard status Active
Size 2,250 SF
Property subtype Office

Site & Location

Highway Access Yes
Utilities to Site Yes

Amenities

Square Feet: 33560
Cooling: Central Building A/C
Heating: Central Electric
Business Type: Medical Office, Office Space, Lease Considered, Lease Term: Annual Lease, Special Listing Conditions: Lease, Standard Status: Active
Building Area Total: 12350, Structure Type: Commercial, Medical Office, Office/Retail, Office/Warehouse Combination
County Or Parish: Highlands County
Leasable Area Units: Square Feet, Leasable Area: 2250
Water Source: Public

Building Details

Tenancy Multi
Listing Agency: Highlands County Realty LLC
Listed By: Leah Egipciaco · License #3512006
Source: Riserealty
Added: Aug 31 Changed: Oct 19 Last Checked: Oct 19 at 9:16AM

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 Highlands County Realty LLC

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Investment Insights

Based on property information with market context.

This 2,250 SF medical office space is located within a commercial plaza at 3323 Medical Hill Rd in Sebring. The property is suited to professional and healthcare-oriented operations, with permitted uses subject to applicable zoning requirements. The plaza has a 2021 roof, while electric and water are separately metered and assigned to the tenant.

Access is available just off US 27, with the property situated behind Wawa and near HCA Florida Highlands Hospital. Existing plaza occupants include Vitas Healthcare, GYN, Pulm & Nephrology, providing an established medical and professional-services setting. The location places the space within Sebring’s Central Florida commercial corridor.

Key Highlights

  • 2,250 SF medical office space within a commercial plaza
  • 2021 roof
  • Just off US 27 and directly behind Wawa

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,574
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,480 $391.5K
Cap Rate 7%
$279,629 $279.6K
Cap Rate 9%
$217,489 $217.5K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$36.5K $16.20/SF
− Vacancy
−$3.8K −$1.70/SF
EGI
$32.6K $14.50/SF
− OpEx
−$13.0K −$5.80/SF
NOI
$19.6K $8.70/SF
Area
Highlands County, FL
Vacancy
10.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,480
Cap Rate 7%
$279,629
Cap Rate 9%
$217,489

Alternative Uses

Best Use
Office B
$327.2K
$286.3K – $381.7K (±1% cap)
NOI $22,903 @ 7.0% cap · market cap 864.26%
Second Best
Healthcare Medical
$279.6K
$244.7K – $326.2K (±1% cap)
NOI $19,574 @ 7.0% cap · market cap 738.64%
Theoretical Best
Office A
$468.1K
$409.6K – $546.1K (±1% cap)
NOI $32,767 @ 7.0% cap · market cap 1,236.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Dr. Roger Arumugam Physician

Suggested Use

Top Pick Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Daycare Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby
Balanced
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Sebring Animal Hospital — 3425 US Hwy 27 S, Sebring, FL 33870
  • Jernigan William H DVM — 3425 US Hwy 27 S, Sebring, FL 33870

Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional and healthcare-oriented space positioned near US 27, Wawa, and HCA Florida Highlands Hospital.
Where is this medical office space located?
The property is located at 3323 Medical Hill Rd Sebring, FL.
What are key features of this property?
This property features: 2,250 SF medical office space within a commercial plaza; 2021 roof; Just off US 27 and directly behind Wawa
More about this property
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