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    Anchored Regional Shopping Mall Title is generated by Realmo AI

    901 US Hwy 27 N, Sebring, FL 33870

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    For sale regional shopping mall with Belk, Bealls, AMC Cinema 8, and Planet Fitness anchors.

    Type:Retail
    Property size:
    494,056 SF
    Lot size:
    73.35 Acres
    Price / SF:
    $6/SF
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 3:39 am

    Property Features for 901 US Hwy 27 N

    General Information

    Standard status
    Active
    Size
    494,056 SF
    Lot size
    73.35 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Dan Thompson

    Listing agent Dan Thompson License #CQ1073092 RE Corp.

    Listing office NAI Burns Scalo

    Listing date Jun 1, 2026

    Source Crexi

    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 NAI Burns Scalo

    HighLights

    • Regional mall on 73.35 acres with approx. 494,056 SF of retail space
    • Currently 75.7% leased with in‑place income
    • Anchors include Belk, Bealls, AMC Cinema 8, and Planet Fitness
    • Includes 57,864 SF of available small shop space
    • Includes a 62,120‑SF vacant former JCPenney anchor box
    • Located on U.S. Highway 27 N at 901 US Hwy 27 N, Sebring, FL 33870

    Overview

    Lakeshore Mall is a regional shopping center totaling approximately 494,056 square feet on 73.35 acres. The property is currently 75.7% leased and features major anchors including Belk, Bealls, AMC Cinema 8, and Planet Fitness. In addition to in-place tenant occupancy, the offering includes 57,864 square feet of available small shop space and a 62,120-square-foot vacant former JCPenney anchor box, providing flexible options for future tenant mix.

    Located at 901 U.S. Highway 27 N in Sebring, the mall sits along the area’s primary retail corridor. The shopping center is described as the only regional mall serving Sebring and its extended trade area. Lakeshore Mall also operates as the retail and commercial hub of Highlands County, with added year-round traffic associated with tourism and major events at Sebring International Raceway.

    This asset may fit buyers or operators seeking an anchored retail destination with both smaller storefront availability and a larger vacant anchor box. With 75.7% leased status and multiple established anchor tenants, the property offers an in-place retail base while also presenting opportunities for lease-up and repositioning based on the available square footage.
    Location Intelligence

    Current Use by Public Records

    Belk Clothing & Fashion Store Planet Fitness Gym & Fitness Center Beautyattitude llc Hair Salon Cindy's Nails Nail Salon Expert Nails Nail Salon

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Village Fountain Plaza — 305 US Hwy 27, Sebring, FL 33870
    • Lakeshore mall — 901 US Hwy 27 N, Sebring, FL 33870
    • Westshore Plaza — 1 Ryant Blvd, Sebring, FL 33870

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.38
    Latitude
    27.4773

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    FAQs

    What type of property is this?
    Shopping center - For sale regional shopping mall with Belk, Bealls, AMC Cinema 8, and Planet Fitness anchors.
    Where is this shopping center located?
    The property is located at 901 US Hwy 27 N Sebring, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Regional mall on 73.35 acres with approx. 494,056 SF of retail space; Currently 75.7% leased with in‑place income; Anchors include Belk, Bealls, AMC Cinema 8, and Planet Fitness
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dan Thompson
    Real Estate License ID: CQ1073092 RE Corp.
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    901 US Hwy 27 N, Sebring, FL 33870
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