Single-Story Mixed-Use
New
For Sale
$3,000,000
4230 US Hwy 27, Sebring, FL 33870
Commercial, Single Story, Sebring, FL
Property Size21,168 SF
Lot Size1.54 Acres
Price / SF$141.72
Days on Market1
Property Features for 4230 US Hwy 27
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Interior features
Cable TV Available, Ceiling Fans, Telephone
Directions
From US Hwy 27 and Hammock Rd. travel North on US 27 make a right turn at Northwoods Blvd and left on Frontage Road. The store is on the right hand side.
Standard status
Active
APN
S-14-34-28-040-0000-04A0
Size
21,168 SF
Lot size
1.54 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
NORTHWOOD SUB PB 13 PG 70 LOTS 4A + 5A
Tax Annual Amount
19420
Legal Description
NORTHWOOD SUB PB 13 PG 70 LOTS 4A + 5A
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Amenities
loading dock
Building Details
Year built
2004
Floors in Building
1
Flooring type
Carpet, Concrete
Building materials
Metal
Roof type
Metal
Architectural style
Other
Listing Agency:
BHHS Florida Properties Group · Berkshire Hathaway HomeServices
(863) 402-5701
Listed By:
William Struck
(863) 368-1852
Added: Sep 17
Last Checked: Sep 17 at 4:06PM
MLS# 328027
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 single-story mixed-use property provides 21,168 square feet across retail, warehouse, and storage areas on 1.54 acres. The primary retail and warehouse component contains 16,568 square feet and includes a loading dock. A separate rear building adds five retail units measuring 25 by 40 feet each, with four currently leased. Individual electric meters serve each of those units.
Located at 4230 US Hwy 27 in Sebring, the property has a reported DOT traffic count of 33,000. The site is zoned C1 and was built in 2004. Metal construction, a metal roof, central air, central heating, public sewer, carpet, and concrete flooring are among the existing property features.
Located at 4230 US Hwy 27 in Sebring, the property has a reported DOT traffic count of 33,000. The site is zoned C1 and was built in 2004. Metal construction, a metal roof, central air, central heating, public sewer, carpet, and concrete flooring are among the existing property features.
Key Highlights
- 21,168 square feet of total building area on 1.54 acres
- 16,568‑square‑foot retail and warehouse component with loading dock
- Five rear retail 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
$198,926
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
6.63%
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%
$3,978,520
$4.0M
Cap Rate 7%
$2,841,800
$2.8M
Cap Rate 9%
$2,210,289
$2.2M
Market Conditions
NOI Build-Up for 21,168 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
$317.5K $15.00/SF
− Vacancy
−$33.3K −$1.58/SF
EGI
$284.2K $13.43/SF
− OpEx
−$85.3K −$4.03/SF
NOI
$198.9K $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%
$3,978,520
Cap Rate 7%
$2,841,800
Cap Rate 9%
$2,210,289
Alternative Uses
Best Use
Retail
$2.84M
$2.49M – $3.32M
NOI $198,926 @ 7.0% cap · market cap 6.63%
Second Best
Mixed Use
$2.73M
$2.39M – $3.19M
NOI $191,179 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$4.40M
$3.85M – $5.14M
NOI $308,274 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
33,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Metal commercial building combining retail, warehouse, and storage areas with a separate multi-unit retail component.
Where is this mixed-use property located?
The property is located at 4230 US Hwy 27 Sebring, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 21,168 square feet of total building area on 1.54 acres; 16,568‑square‑foot retail and warehouse component with loading dock; Five rear retail units measuring 25 x 40 feet each
