594 Us 27 Placid Lakes, FL 33852
- Retail space
- 15,760 SF
- 1.13 lot acres
Current Use by Public Records
- Retail space
Property Details for 594 Us 27
- Year built
- 2003
- Construction
- FRAME
- Lot size
- 1.13 lot acres
- Property size
- 15,760 SF
- Zone code
- C1
- Property type
- Retail space
- APN
- P-31-36-30-170-0000-0020
- APU
- P31363017000000020
Description
This exceptional free-standing retail building, situated at 594 US 27 N in Lake Placid, Florida, presents a unique investment opportunity. Boasting a substantial 16,851 square feet of space, this single-tenant building is ideally positioned on a 1.12-acre lot, ensuring high visibility and accessibility for customers. Constructed in 2003, the property features a single story design and offers ample parking with 25 spaces available. The building's prime location on US Highway 27 guarantees significant foot traffic and exposure, making it an attractive proposition for a variety of retail businesses. Utilities, including power, are readily available. The property's APN is P31363017000000020, and it is located within Highlands County, Florida, zip code 33852. This well-maintained building provides a spacious and modern environment, perfect for a retailer seeking to establish or expand their presence in this thriving community. The property's size and location make it an ideal choice for businesses looking to capitalize on the high traffic volume of US Highway 27. This is a rare opportunity to acquire a significant retail space in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,365,000
- 6.5%
- $2,350,000
- 7%
- $2,300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,205,000
- Geo Method
- $2,370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,080,000
- Retail
- $2,395,000
- Mixed-Use
- $2,275,000
- Hospitality
- $1,790,000
- Educational
- $2,005,000
- Residential Income
- $1,910,000
- Energy
- $1,805,000
- Income-Based Land
- $2,365,000
- Food Service
- $2,280,000
Location Insight
- Map
- Local Demand
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Longitude
- -81.3593
- Latitude
- 27.3038
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA
