Industrial Flex Building with Secure
712 N RIDGEWOOD DRIVE Sebring, FL 33870
For Sale
$140,000
Small industrial building features two bays, one with a bathroom and mini-split AC, plus fenced open storage area.
Property Size855 SF
Lot Size0.18 Acres
Price / SF$163.74
Days on Market74
Property Features for 712 N RIDGEWOOD DRIVE
General Information
Standard status
Active
Size
855 SF
Lot size
0.18 Acres
Property subtype
Business Opportunities
Building Details
Year Built
1935
Listing Agency:
ADVANTAGE REALTY 1
(863) 386-1111
Listed By:
Susan Geitner · License #3050844
Source:
Xome
Added: May 15
Changed: Jul 24
Last Checked: Jul 27 at 3:13AM
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 commercial industrial flex building offers 855 square feet on a 0.18-acre lot and includes two bays for operations. One bay is air conditioned and has a bathroom, supported by mini split AC installed in 2020. The back bay opens to a secured, fenced open storage area behind the building, which can support open-air work or provide room for expansion.
Public records list the building as constructed in 1935, and the owner reports a complete renovation with updated walls, bathroom fixtures, a new roof in 2018, and the 2020 HVAC updates. The property is described as located just north of the circle in downtown Sebring.
As configured, the layout supports flexible light industrial use with both enclosed bay space and an adjacent fenced storage area for materials and equipment.
Public records list the building as constructed in 1935, and the owner reports a complete renovation with updated walls, bathroom fixtures, a new roof in 2018, and the 2020 HVAC updates. The property is described as located just north of the circle in downtown Sebring.
As configured, the layout supports flexible light industrial use with both enclosed bay space and an adjacent fenced storage area for materials and equipment.
Key Highlights
- Commercial building with 855 SF on a 0.18‑acre lot in downtown Sebring (just north of the circle)
- Two bays: one air‑conditioned with a bathroom and mini‑split AC installed in 2020
- Back bay opens to secured, fenced open storage area for open‑air work or expansion
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.0k | $8.16 |
| − Vacancy | −$335 | −$0.39 |
| EGI | $6.6k | $7.77 |
| − OpEx | −$996 | −$1.17 |
| NOI | $5.6k | $6.60 |
855 SF · lease $8.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$80.7K
$70.6K – $94.1K
NOI $5,646 @ 7.0% cap · market cap 4.03%
Second Best
Flex RnD
$80.5K
$70.4K – $93.9K
NOI $5,632 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$177.9K
$155.7K – $207.5K
NOI $12,452 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Sebring Mini Storage One — 542 Lemon Ave, Sebring, FL 33870
- Sebring Mini Warehouse — 542 Lemon Ave, Sebring, FL 33870
- Storage Today — 602 Park St, Sebring, FL 33870
- Century Storage Bayview — Sebring, FL 33870
- Anywhere Anytime Moving & Storage — 603 Avocado St, Sebring, FL 33870
Frequently Asked Questions
What type of property is this?
Warehouse - Small industrial building features two bays, one with a bathroom and mini-split AC, plus fenced open storage area.
Where is this warehouse located?
The property is located at 712 N RIDGEWOOD DRIVE Sebring, FL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Commercial building with 855 SF on a 0.18‑acre lot in downtown Sebring (just north of the circle); Two bays: one air‑conditioned with a bathroom and mini‑split AC installed in 2020; Back bay opens to secured, fenced open storage area for open‑air work or expansion
