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    6361 Us-98 Sebring, FL 33876

    For Sale
    $449,000

    7 Lots, 5.8 Acres, Hwy 98 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.8-acre commercial development site, located at 6361 US-98 in Sebring, Florida, presents a unique investment opportunity. The property boasts 254,390 square feet of land zoned B3, offering significant potential for commercial or retail development. Its prime location directly on US Highway 98 ensures high visibility and accessibility, making it ideal for a variety of businesses. The site is situated within close proximity to a large residential community, providing a built-in customer base. Furthermore, its strategic location just six miles east of US 27 and near the Sebring International Raceway adds to its appeal. This seven-lot parcel is ready for immediate development, offering a blank canvas for a visionary entrepreneur or developer. The asking price is $449,000, and the seller is open to negotiations. This is a rare chance to acquire a substantial commercial land holding in a thriving Florida community with excellent highway frontage and strong development potential. The property is in Highlands County, Florida, zip code 33876. The property's B3 zoning allows for a wide range of commercial uses. Don't miss this opportunity to secure a prime piece of real estate in a high-growth area.

    Property Features for 6361 Us-98

    General Information

    Property type
    Land

    HighLights

    • 5.8‑acre commercial development site in Sebring, FL.
    • 254,390 SF lot zoned B3, ideal for commercial or retail development.
    • High‑visibility location on US Highway 98 with excellent accessibility.
    • Close proximity to residential community and six miles from US 27.
    • Seven‑lot parcel ready for immediate development; asking price $449,000, seller open to offers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.315822
    Latitude
    27.434172

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    FAQs

    What type of property is this?
    Land - 7 Lots, 5.8 Acres, Hwy 98 Frontage
    Where is this land located?
    The property is located at 6361 Us-98 Sebring, FL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: 5.8-acre commercial development site in Sebring, FL.; 254,390 SF lot zoned B3, ideal for commercial or retail development.; High-visibility location on US Highway 98 with excellent accessibility.
    (954) 857-1884
    Request Owner's contact information
    6361 Us-98 Sebring, FL 33876
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    Sebring, FL 33876
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    6361 Us-98 Sebring, FL 33876
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