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Property profile

708 Us-27 Lake Placid, FL 33852

OFF-MARKET
Retail properties & Spaces
4,650 SF 0.75 ac lot Built 1979
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1979
Total area 4,650 SF
Lot 0.75 ac (32,670 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

708 Us-27 Lake Placid, FL 33852
Lake Placid metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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