2029 U S Highway 27 Sebring, FL 33870
- Distribution centers
- 1,500 SF
- 0.34 lot acres
Current Use by Public Records
- Essential Depot / Corporate Office
- tatkos oasis kava bar / Tea House
Property Details for 2029 U S Highway 27
- Year built
- 1993
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.34 lot acres
- Property size
- 1,500 SF
- Zone code
- C1
- Property type
- Distribution centers
- APN
- S-06-35-29-030-00R0-1150
- APU
- S06352903000R01150
Description
This exceptional 1,790-square-foot commercial building presents a unique opportunity in Sebring, Florida. Situated on US Highway 27 South, this single-story, Class B property boasts high visibility and significant traffic exposure, with an average daily count of 42,500 vehicles. The building, constructed in 1993, sits on a 14,800-square-foot lot and is zoned C1 Commercial. Previously operating as a tavern and entertainment venue, the space features a welcoming open floor plan, a fully equipped bar area including a dishwasher, wine cooler, beer taps, reach-in coolers, and a triple sink. Two restrooms, a storage room, and a security room are also included. A screened and covered porch of approximately 290 square feet provides additional outdoor space, and a fenced yard of approximately 1,000 square feet offers further potential. The property is offered at $11 per square foot NNN plus sales tax, with CAM charges of $4.24 per square foot. The owner is open to discussing modifications to suit a tenant's specific needs, seeking a long-term tenant who appreciates high-quality space. Located at 2029 US Highway 27 South, Sebring, FL 33870, this property offers endless possibilities for a variety of businesses. Shared parking is available. Directions: From US 27 and Hammock Rd in Sebring, travel south on US 27
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $495,000
- 6.5%
- $565,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $480,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $485,000
- Mixed-Use
- $585,000
- Hospitality
- $505,000
- Educational
- $630,000
- Residential Income
- $605,000
- Energy
- $495,000
- Income-Based Land
- $595,000
- Food Service
- $535,000
Location Insight
- Map
- Local Demand
- City
- Sebring
- County
- Highlands
- State
- Florida
- Longitude
- -81.4564
- Latitude
- 27.4703
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA
