Medical Office Complex Near
For Sale
$5,000,000
6801 Us Highway 27 N, Sebring, FL 33870
Existing suites and central air support continued medical office use in an established healthcare corridor.
Property Size44,280 SF
Price / SF$112.92
Days on Market227
Property Features for 6801 Us Highway 27 N
General Information
Standard status
Active
Size
44,280 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$62,448
Amenities
Central Air
3
Building Details
Year Built
1988
Stories
1
Listing Agency:
ADVANTAGE REALTY 1
(863) 386-1111
Listed By:
Susan Geitner · License #F10514945
Source:
Xome
Added: Jan 15
Changed: Aug 29
Last Checked: Aug 29 at 10:32PM
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.
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 = 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
$450,726
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
9.01%
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%
$9,014,520
$9.0M
Cap Rate 7%
$6,438,943
$6.4M
Cap Rate 9%
$5,008,067
$5.0M
Market Conditions
NOI Build-Up for 44,280 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
$770.5K $17.40/SF
− Vacancy
−$169.5K −$3.83/SF
EGI
$601.0K $13.57/SF
− OpEx
−$150.2K −$3.39/SF
NOI
$450.7K $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 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%
$9,014,520
Cap Rate 7%
$6,438,943
Cap Rate 9%
$5,008,067
Alternative Uses
Best Use
Office B
$6.44M
$5.63M – $7.51M
NOI $450,726 @ 7.0% cap · market cap 9.01%
Second Best
Healthcare Medical
$5.50M
$4.82M – $6.42M
NOI $385,209 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$9.21M
$8.06M – $10.75M
NOI $644,858 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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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
