Renovated Flex Warehouse with
712 N Ridgewood Drive Sebring, FL 33870
712 N Ridgewood Drive, Sebring, FL, 33870
$160,000
For Sale
$160,000
COMMERCIAL - Sebring, FL
Property Size855 SF
Lot Size0.18 Acres
Price / SF$187.13
Days on Market62
Property Features for 712 N Ridgewood Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Standard status
- Active
- APN
- S-29-34-29-070-0050-0071
- Size
- 855 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TOWN OF SEBRING 1ST ADD TB-PG 4 NW 1/4 OF LOT 7 BLK 5
- Tax Annual Amount
- 912
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1935
- Floors in Building
- 1
- Flooring type
- Concrete
- Architectural style
- Other
Listing Agency
ADVANTAGE REALTY #1
(863) 386-0303
743 US 27 S, Sebring, FL
Listed by
Susan Geitner · License #3050844
(863) 273-0145
Added: May 18 Checked: Jul 18 at 1:06 pm
MLS# 325447
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 renovated flex warehouse includes approximately 855 square feet across two bays. One bay is air conditioned and has a bathroom, while the back bay opens to secured, fenced open storage behind the building for open-air work or room for expansion. Public records indicate the building was built in 1935, and the property has been completely renovated with updated walls and bathroom fixtures. Improvements also include a mini-split AC system installed in 2020 and a new roof completed in 2018, as reported by the owner.
The property sits on about 0.18 acres, just north of the circle in downtown Sebring, Florida. Zoning is listed as C1.
The layout supports both indoor work in the air-conditioned front bay and flexible use of the back bay with access to the secured fenced storage area.
The property sits on about 0.18 acres, just north of the circle in downtown Sebring, Florida. Zoning is listed as C1.
The layout supports both indoor work in the air-conditioned front bay and flexible use of the back bay with access to the secured fenced storage area.
Key Highlights
- Downtown Sebring commercial building on a 0.18‑acre lot, 855 SF total
- 2‑bay layout: one bay has mini split AC plus a bathroom
- Back bay opens to secured, fenced open storage area behind the building
Local 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 3.53%
Second Best
Flex RnD
$80.5K
$70.4K – $93.9K
NOI $5,632 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$177.9K
$155.7K – $207.5K
NOI $12,452 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Epic Auto Repair ...
Auto Repair Shop
Arrive Autos
Car Dealership
Capital Mortgage
Loan Service
Similar For Sale Nearby
Similar Off Market Nearby
- Luke's Good Eatin — Sebring, FL 33871
FAQs
What type of property is this?
Flex space - Renovated two-bay warehouse with mini-split AC and fenced open storage for open-air work or expansion.
Where is this flex space located?
The property is located at 712 N Ridgewood Drive Sebring, FL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Downtown Sebring commercial building on a 0.18‑acre lot, 855 SF total; 2‑bay layout: one bay has mini split AC plus a bathroom; Back bay opens to secured, fenced open storage area behind the building
