Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Building Details

Building Size 42,856 SF

Year Built 1988

Listing Agency: ADVANTAGE REALTY 1

Listed By: Susan Geitner · License #3050844 Show Phone

Source: Thefullerproperties

Added: Feb 11 Changed: Oct 3 Last Checked: Oct 15 at 8:00AM

Report an Issue

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 ADVANTAGE REALTY 1

Investment Insights

Based on property information with market context.

This 44,280 SF medical office complex was built in 1988 and includes existing suites alongside approximately 10,000± SF that can be configured for an owner-user medical practice. Available spaces range from 1,400 SF to 3,500± SF, providing multiple suite sizes within the property. Central air is included, and the seller, an experienced medical office builder and contractor, is available to assist with renovations.

The property is next to AdventHealth and positioned within an established healthcare corridor. Existing suites offer the potential for additional income while an owner-user occupies and customizes space for its practice. Tours of tenant-occupied areas require a CA and executed LOI/PSA.

Key Highlights

• 44,280 SF medical office complex built in 1988
• Next to AdventHealth within an established healthcare corridor
• Approximately 10,000± SF available for owner‑user customization

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$436,231

Cap Rate

8.72%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$8,724,620 $8.7M

Cap Rate 7%

$6,231,871 $6.2M

Cap Rate 9%

$4,847,011 $4.8M

Is this asking price fair?

Market Conditions

NOI Build-Up for 42,856 SF

Gross rent

$745.7K $17.40/SF

− Vacancy

−$164.1K −$3.83/SF

EGI

$581.6K $13.57/SF

− OpEx

−$145.4K −$3.39/SF

NOI

$436.2K $10.18/SF

Area

Highlands County, FL

Vacancy

22.00%

Lease Rate

$17.40 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$8,724,620

Cap Rate 7%

$6,231,871

Cap Rate 9%

$4,847,011

Alternative Uses

Best Use

Office B

$6.23M

$5.45M – $7.27M (±1% cap)

NOI $436,231 @ 7.0% cap · market cap 8.72%

Second Best

Healthcare Medical

$5.33M

$4.66M – $6.21M (±1% cap)

NOI $372,821 @ 7.0% cap · market cap 7.46%

Theoretical Best

Office A

$8.92M

$7.80M – $10.40M (±1% cap)

NOI $624,120 @ 7.0% cap · market cap 12.48%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Dennis R. Bassetti, ... Physician Neurology Associates of Sebring Medical Clinic Soham Pulmonary Group Medical Clinic Ramkissoon Bridglal MD Physician Dr. Bipin C. ... Physician

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Big Box & Wholesale Store HVAC Service Storage Facility

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

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

Balanced

Demand for This Use

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

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 For Sale Nearby

See more

Office Building With Residential Unit

7177 S George Boulevard, Sebring, FL 33875

$4,000,000

View details

Two-Story Medical Office Building

2237 Us 27 Highway S, Sebring, FL 33870

$2,500,000

10,326 SF

View details

Medical Office with Covered Entry

2605 Bayview Street, Sebring, FL 33870

$949,900

6,816 SF

View details

Single-Story Medical Office Space

343 S Commerce Avenue, Sebring, FL 33870

$399,000

2,886 SF

View details

Medical Office Space in Commercial Plaza

3323 Medical Hill Rd, Sebring, FL 33870

Contact for pricing

2,250 SF

View details

Medical Office Suite

B-1-6801 Us Highway 27 N, Sebring, FL

Contact for pricing

1,750 SF

View details

Triple Net Medical Office Building

4020 Us Highway 27 N, Sebring, FL 33870

$2,499,999

View details

Medical Office Suite with Exam Rooms

B-3-6801 Us Highway 27 N, Sebring, FL

Contact for pricing

View details

Lakefront Multifamily Investment Opportunity

1015 Lakeview Dr, Sebring, FL 33870

$5,000,000

28,000 SF

View details

Single-Story Mixed-Use Property

4230 US Hwy 27, Sebring, FL 33870

$3,000,000

21,168 SF

View details

Self-Storage Facility with Drive-Up Units

107 Caladium Row, Sebring, FL 33870

Contact for pricing

34,550 SF

View details

Shadow-Anchored Shopping Center

3310 US Hwy 27 S, Sebring, FL 33870

Contact for pricing

57,187 SF

View details

Frequently Asked Questions

What type of property is this?

Medical Office Space - Existing suites and central air support continued medical office use in an established healthcare corridor.

Where is this medical office space located?

The property is located at 6801 US HIGHWAY 27 N Sebring, FL.

What is the asking price?

The asking price for this property is $5,000,000.

What are key features of this property?

This property features: 44,280 SF medical office complex built in 1988; Next to AdventHealth within an established healthcare corridor; Approximately 10,000± SF available for owner‑user customization