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    2029 U S Highway 27 Sebring, FL 33870

    Sponsored
    For Lease
    $132 SF/Yr ($19,690 /Mo)

    Prime Sebring location, high traffic, versatile space.

    Lot size:
    1,790 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,790-square-foot commercial building presents a unique opportunity in Sebring, Florida. Situated on US Highway 27 South, this single-story, Class B property boasts high visibility and significant traffic exposure, with an average daily count of 42,500 vehicles. The building, constructed in 1993, sits on a 14,800-square-foot lot and is zoned C1 Commercial. Previously operating as a tavern and entertainment venue, the space features a welcoming open floor plan, a fully equipped bar area including a dishwasher, wine cooler, beer taps, reach-in coolers, and a triple sink. Two restrooms, a storage room, and a security room are also included. A screened and covered porch of approximately 290 square feet provides additional outdoor space, and a fenced yard of approximately 1,000 square feet offers further potential. The property is offered at $11 per square foot NNN plus sales tax, with CAM charges of $4.24 per square foot. The owner is open to discussing modifications to suit a tenant's specific needs, seeking a long-term tenant who appreciates high-quality space. Located at 2029 US Highway 27 South, Sebring, FL 33870, this property offers endless possibilities for a variety of businesses. Shared parking is available. Directions: From US 27 and Hammock Rd in Sebring, travel south on US 27

    Property Features for 2029 U S Highway 27

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,790 SF
    Class
    B
    Total Rate
    19690

    Building Details

    Year Built
    1993
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,790 SF
    Rate per SF
    $132

    HighLights

    • High visibility from Highway 27.
    • High traffic count of 42,500 vehicles.
    • Secure, fenced rear yard.
    • Building modifications considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Essential Depot Corporate Office tatkos oasis kava ... Tea House

    Suggested Use

    Kitchen & Bath Cosmetics Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.456310303946
    Latitude
    27.470810056446

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    FAQs

    What type of property is this?
    Restaurant - Prime Sebring location, high traffic, versatile space.
    Where is this restaurant located?
    The property is located at 2029 U S Highway 27 Sebring, FL.
    What is the lease rate?
    The lease rate is $132 SF/Yr.
    What are key features of this property?
    This property features: High visibility from Highway 27.; High traffic count of 42,500 vehicles.; Secure, fenced rear yard.
    Request Owner's contact information
    2029 U S Highway 27 Sebring, FL 33870
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    Sebring, FL 33870
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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
    2029 U S Highway 27 Sebring, FL 33870
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