Sebring, FL 33870
- Office Properties & Spaces
- 1,200 SF
- 0.43 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details
- Year built
- 1970
- Lot size
- 0.43 lot acres
- Property size
- 1,200 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
This exceptional commercial property, located on US-27 S in Sebring, Florida, presents a compelling investment opportunity. The 1,200 square foot building, constructed in 1970, boasts a prime location offering excellent highway visibility and stunning views of Lake Jackson. The single-story structure sits on a 0.43-acre lot and is zoned C1, allowing for a variety of potential uses. Currently operating as a creative office space, the property is 100% occupied under a three-year lease, commencing February 1, 2023, and expiring February 1, 2025, leaving two years remaining. The Net Operating Income (NOI) is $19,800, resulting in an attractive 8.61% cap rate. Financial details are available upon request with a Non-Disclosure Agreement. This stabilized investment, categorized as a small business, offers a strong return with a reliable tenant. The property's lakefront position and highway frontage provide unparalleled exposure and appeal. Serious inquiries only.
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
- -81.4841
- Latitude
- 27.4911
