Property profile

110 Us Hwy 27 Placid Lakes, FL 33852

OFF-MARKET
Retail properties & Spaces
10,000 SF
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Property summary

AI-generated overview

This exceptional 10,000 square foot retail building, situated on a 1.6-acre parcel, presents a remarkable opportunity in the rapidly expanding Lake Placid market. Ideally located on US Highway 27 South, this single-tenant property boasts ample parking, convenient roll-up doors for easy loading and unloading, and prominent pylon signage for maximum visibility. The building is currently vacant, offering a blank canvas for a new tenant or the potential for redevelopment. Its strategic placement just south of a recently renovated Publix supermarket ensures high foot traffic and excellent exposure to a robust customer base. Multiple points of ingress and egress provide convenient access for both customers and deliveries. This property is perfect for a variety of retail uses and represents a significant opportunity for businesses seeking a high-visibility location in a thriving market. The expansive lot size allows for flexibility in design and future expansion. This is a rare opportunity to secure a prime retail location in a rapidly growing area. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,000 SF

Cap rate & NOI

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

Location

110 Us Hwy 27 Placid Lakes, FL 33852
Placid Lakes metro
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Value estimations

Realmo proprietary · 4 methods
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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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