Former Retail Store with Warehouse
For Sale
Contact for pricing
607 US Hwy 27 N, Avon Park, FL 33825
Former Badcock storefront offers about 150 ft of Highway 27 frontage plus a receiving/warehouse area and strong signage.
Property Size15,900 SF
Price / SF$157.23
Days on Market281
Property Features for 607 US Hwy 27 N
General Information
Standard status
Active
Size
15,900 SF
Property subtype
RETAIL
Site & Location
Traffic Count
33,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Saunders Real Estate, LLC
(863) 648-1528
Listed By:
R. Todd Danztler, CCIM
(863) 287-3586
Source:
Moodyscre
Added: Dec 6, 2025
Changed: Sep 6
Last Checked: Sep 12 at 7:46AM
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 Saunders Real Estate, LLC
Investment Insights
Based on property information with market context.
This former Badcock store includes a receiving/warehouse area and benefits from good lighting and signage. The layout supports both customer-facing retail presence and back-of-house receiving/operations.
Located on U.S. Highway 27 in Avon Park, Florida, the property has approximately 150± feet of frontage and excellent exposure. U.S. Highway 27 sees approximately 33,500± cars per day, providing consistent visibility for a wide range of retail users.
The building is offered for sale as a dedicated retail storefront with on-site receiving/warehouse space and prominent highway frontage.
Located on U.S. Highway 27 in Avon Park, Florida, the property has approximately 150± feet of frontage and excellent exposure. U.S. Highway 27 sees approximately 33,500± cars per day, providing consistent visibility for a wide range of retail users.
The building is offered for sale as a dedicated retail storefront with on-site receiving/warehouse space and prominent highway frontage.
Key Highlights
- Former Badcock store along U.S. Highway 27 in Avon Park, Florida
- Approx. 150 ± ft of Highway 27 frontage with strong signage and good lighting
- High‑traffic exposure with approx. 33,500 ± cars per day on Highway 27
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
$149,420
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
5.98%
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%
$2,988,400
$3.0M
Cap Rate 7%
$2,134,571
$2.1M
Cap Rate 9%
$1,660,222
$1.7M
Market Conditions
NOI Build-Up for 15,900 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
$238.5K $15.00/SF
− Vacancy
−$25.0K −$1.58/SF
EGI
$213.5K $13.43/SF
− OpEx
−$64.0K −$4.03/SF
NOI
$149.4K $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%
$2,988,400
Cap Rate 7%
$2,134,571
Cap Rate 9%
$1,660,222
Alternative Uses
Best Use
Retail
$2.13M
$1.87M – $2.49M
NOI $149,420 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.31M
$2.89M – $3.86M
NOI $231,555 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
33,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
163k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 49%
Shops & Services 42%
Dining 10%
Walmart
Superstores
79,025 visits/mo
0.3 miles
Murphy USA
Shops & Services
33,239 visits/mo
0.2 miles
Dunkin' Donuts
Dining
13,199 visits/mo
0.5 miles
Zips Car Wash
Shops & Services
12,955 visits/mo
0.4 miles
Shell
Shops & Services
9,332 visits/mo
0.2 miles
Demographics for 33825, FL
24,943
Population
12,519
Households
2
Avg Household Size
49
Median Age
13%
College-Educated
83%
High-School Grad
112.8 sq mi
ZIP Area
221
Density / Sq Mi
$46,604
Median Household Income
$32,352
Median Earnings
$902
Median Rent
$152,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Former Badcock storefront offers about 150 ft of Highway 27 frontage plus a receiving/warehouse area and strong signage.
Where is this storefront property located?
The property is located at 607 US Hwy 27 N Avon Park, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Former Badcock store along U.S. Highway 27 in Avon Park, Florida; Approx. 150 ± ft of Highway 27 frontage with strong signage and good lighting; High‑traffic exposure with approx. 33,500 ± cars per day on Highway 27
