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    1241 U S Highway 27 Sebring, FL 33870

    Sponsored
    For Sale
    $695,000

    Six-unit office building, high cap rate

    Property size:
    4,704 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story, 4,720 square foot executive office building is situated on a 0.41-acre lot at 1241 US Hwy 27 S in Sebring, Florida (33870). Boasting a prime location with Lake Jackson views, this Class B property offers six income-producing units, currently 100% occupied with multi-tenant leases in place. Built in 1983 and zoned C1, the building features a new roof (2017), fresh exterior paint, and vinyl siding upstairs for low-maintenance upkeep. The 21-space parking lot was recently resurfaced in 2021. The gross lease structure includes water, sewer, and garbage services for tenants. The property offers a stabilized investment opportunity with a 6.91% cap rate and a strong NOI of $48,001. The asking price is $695,000, translating to $147.75 per square foot. Rent bumps are included in the lease agreements. This is a turnkey opportunity for an investor seeking a stable, income-generating asset in a desirable location. The property's features and strong tenant occupancy make it an attractive investment prospect.

    Property Features for 1241 U S Highway 27

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,704 SF
    Class
    B
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1983
    Stories
    2
    Units
    6

    HighLights

    • $695,000 asking price for a stabilized, multi‑tenant office building.
    • 6.91% cap rate with a $48,001 NOI.
    • 4,720 square feet of net rentable space, priced at $147.75 per square foot.
    • Six (6) units in a Class B building, 100% occupied with gross leases and rent bumps.
    • Located at 1241 US Hwy 27 S, Sebring, FL 33870, on a 0.41‑acre lot with 21 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pitter Patter Frenchies ... Dog Breeder Evincible Solutions USA Business Management Consultant Russell's Air Masters Hvac Contractor

    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
    -81.4675376
    Latitude
    27.4726387

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    FAQs

    What type of property is this?
    Office Property / Space - Six-unit office building, high cap rate
    Where is this office property / space located?
    The property is located at 1241 U S Highway 27 Sebring, FL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: $695,000 asking price for a stabilized, multi-tenant office building.; 6.91% cap rate with a $48,001 NOI.; 4,720 square feet of net rentable space, priced at $147.75 per square foot.
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    1241 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
    1241 U S Highway 27 Sebring, FL 33870
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