3341 Us 27 Sebring, FL 33870
- Commercial real estate
- 1.38 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3341 Us 27
- Year built
- 1991
- Lot size
- 1.38 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4,000+ square foot retail building presents a lucrative investment opportunity in the thriving city of Sebring, Florida. Strategically located on US Highway 27, this property boasts a prime location alongside established businesses such as Dairy Queen, Captain D's, Arby's, and WaWa, ensuring high visibility and foot traffic. The 1.38-acre lot provides ample space for potential expansion and future development. The property benefits from exceptional daily traffic counts averaging 31,000 vehicles, as reported by the Department of Transportation. The existing building offers immediate income potential, with the possibility of leasing space for up to $30 per square foot. This presents a significant opportunity for long-term profit generation through leasing and subsequent sale after depreciation is realized. The current structure offers a solid foundation, but there's also significant upside potential for renovations and modernization, including the addition of modern parapets to attract additional tenants. This property is ideal for investors seeking a high-return commercial investment in a rapidly growing area. The combination of prime location, high traffic volume, and expansion potential makes this a truly unique opportunity. The asking price is $1,499,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sebring
- County
- Highlands
- State
- Florida
- Longitude
- -81.4942
- Latitude
- 27.5121
