Retail Property with Warehouse
For Sale
Contact for pricing
4230 US Hwy 27 S, Sebring, FL 33870
Multi-unit retail and storage improvements include a loading dock and an occupied appliance and television retail operation.
Property Size16,568 SF
Lot Size1.54 Acres
Price / SF$222.77
Days on Market59
Property Features for 4230 US Hwy 27 S
General Information
Standard status
Active
Size
16,568 SF
Lot size
1.54 Acres
Property subtype
RETAIL
Site & Location
Traffic Count
33,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
loading dock
Building Details
Buildings
2
Building Size
16,568 SF
Tenancy
Multi
Listing Agency:
BHHS - Florida Properties Group | Trinity
(727) 847-4444
Listed By:
Mari Carreras
(813) 739-5700
Source:
Moodyscre
Added: Jul 20
Changed: Sep 10
Last Checked: Sep 15 at 11:41AM
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 BHHS - Florida Properties Group | Trinity
Investment Insights
Based on property information with market context.
This 20,200-square-foot retail property on 1.54 acres includes retail, warehouse, and storage improvements. The primary retail and warehouse unit contains 16,568 square feet and includes a loading dock. The building is currently occupied by an appliance and TV retailer.
The rear building contains five retail leasable units, each measuring 25 x 40 feet. Three units are currently leased, while the remaining space provides additional leasing capacity. The property is located at 4230 US Hwy 27 S in Sebring, Florida, along a corridor reporting a DOT traffic count of 33,000.
The rear building contains five retail leasable units, each measuring 25 x 40 feet. Three units are currently leased, while the remaining space provides additional leasing capacity. The property is located at 4230 US Hwy 27 S in Sebring, Florida, along a corridor reporting a DOT traffic count of 33,000.
Key Highlights
- 20,200‑square‑foot retail, warehouse, and storage property on 1.54 acres
- 16,568‑square‑foot retail and warehouse unit with a loading dock
- Rear building contains 5 retail leasable units measuring 25 x 40 feet each
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
$189,830
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
4.22%
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%
$3,796,600
$3.8M
Cap Rate 7%
$2,711,857
$2.7M
Cap Rate 9%
$2,109,222
$2.1M
Market Conditions
NOI Build-Up for 20,200 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
$303.0K $15.00/SF
− Vacancy
−$31.8K −$1.58/SF
EGI
$271.2K $13.43/SF
− OpEx
−$81.4K −$4.03/SF
NOI
$189.8K $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%
$3,796,600
Cap Rate 7%
$2,711,857
Cap Rate 9%
$2,109,222
Alternative Uses
Best Use
Retail
$2.71M
$2.37M – $3.16M
NOI $189,830 @ 7.0% cap · market cap 4.22%
Second Best
Warehouse
$1.91M
$1.67M – $2.22M
NOI $133,382 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$4.20M
$3.68M – $4.90M
NOI $294,177 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
33,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
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
Check the figures for this property
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 - Multi-unit retail and storage improvements include a loading dock and an occupied appliance and television retail operation.
Where is this retail space located?
The property is located at 4230 US Hwy 27 S Sebring, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 20,200‑square‑foot retail, warehouse, and storage property on 1.54 acres; 16,568‑square‑foot retail and warehouse unit with a loading dock; Rear building contains 5 retail leasable units measuring 25 x 40 feet each
