708 Us-27 Lake Placid, FL 33852
This single-tenant property at 708-710 US-27 in Lake Placid, Florida, offers 4,650 square feet of versatile retail or office space. Currently, 3,300 square feet is available for lease. The building, constructed in 1979, is a Class B, single-story structure with a 10-foot ceiling height and features 21 total parking spaces. The 0.75-acre lot (34,298 square feet) provides ample parking in front and rear. The rear area is currently used for storage, offering potential for expansion. The property boasts excellent visibility due to its frontage on busy US-27. The interior is well-suited for professional office use, including a reception area, multiple offices, and two bathrooms (one with a shower). Individual AC units provide climate control. The property is secured with a 146-linear-foot chain-link fence at the rear access gate. Utilities include town water and sewer, and power is supplied by FPL. The zoning is C-1 (highway commercial), with a future land use designation of commercial general. This location is in the Sebring submarket. The building is ideal for a variety of businesses seeking high visibility and convenient access.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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