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    Property profile & analytics

    1070 Us 27th N Lake Placid, FL 33852-9436

    • Grocery and convenience stores
    • 2,026 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $2,235,000
    Last Sale
    Feb 03, 2022
    $2,150,000
    Location Intelligence
    Property ID
    US18-3825500
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1070 Us 27th N

    Year built
    1992
    Construction
    CONCRETE BLOCKS
    Lot size
    0.68 lot acres
    Property size
    2,026 SF
    Zone code
    B3
    Property type
    Grocery and convenience stores
    APN
    P-30-36-30-A00-0230-0000
    APU
    P303630A0002300000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,335,000
      6.5%
      $2,200,000
      7%
      $1,985,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,935,000
      Geo Method
      $2,105,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,330,000
      Retail
      $1,930,000
      Mixed-Use
      $2,350,000
      Hospitality
      $2,155,000
      Educational
      $2,340,000
      Residential Income
      $2,365,000
      Energy
      $1,905,000
      Income-Based Land
      $2,180,000
      Food Service
      $2,465,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.3649
    Latitude
    27.3182
    CBSA code
    42700
    CBSA name
    SEBRING, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,588
    $297,079
    $204,537
    $501,616
    -
    $297,079
    $204,537
    $501,616

    Comparable in this City

    • Value Estimation by Request
      2,380 SF

      2758 Us 27th S

      GROCERY, SUPERMARKET • 2,380 SF
      2758 Us 27th S, Lake Placid, FL 33852-8596
      View Details
    • Value Estimation by Request
      44,339 SF

      490 Us 27th N Ste, Unit 1280

      GROCERY, SUPERMARKET • 44,339 SF
      490 Us 27th N Ste, Lake Placid, FL 33852-7923
      View Details
    • Value Estimation
      $600,000
      1,394 SF

      3100 Miller Ave

      GROCERY, SUPERMARKET • 1,394 SF
      3100 Miller Ave, Lake Placid, FL 33852-5140
      View Details
    • Value Estimation
      $195,000
      2,043 SF

      928 Main Ave

      GROCERY, SUPERMARKET • 2,043 SF
      928 Main Ave, Lake Placid, FL 33852-1824
      View Details
    • Value Estimation by Request
      2,021 SF

      781 Us 27th N

      GROCERY, SUPERMARKET • 2,021 SF
      781 Us 27th N, Lake Placid, FL 33852-7940
      View Details
    • Value Estimation by Request
      2,340 SF

      2742 Us 27th S

      GROCERY, SUPERMARKET • 2,340 SF
      2742 Us 27th S, Lake Placid, FL 33852-8595
      View Details

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      Commercial building in downtown Lake Placid, seller financing available.
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      Lakefront property with highway frontage, ideal for business and living.
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      Commercial building on 1.68 acres with high visibility.
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      Prime Lake Placid Retail Space, High Traffic
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      Retail buildings on US 27 with highway frontage.
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    • Contact for pricing
      3,500 SF

      Former Bank Branch with Drive-Thru

      3,500 SF former bank branch with drive-thru for sale.
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    Similar Nearby for Lease

    • $30,000

      Lakefront Log Cabin Business Opportunity

      Unique live, work, and play opportunity on Lake Buck.
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    • $3,333 /Mo

      Retail Space on US Highway

      Renovated retail space with highway visibility and ample parking.
      490 Us 27 N, Lake Placid, FL 33852
      View Details
    • $10 SF/Yr
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      Lake Placid Office Space

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    • $120 SF/Yr
      17,360 SF

      Lake Placid Warehouse For Lease

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    • $1,300 /Mo

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      Recently updated 3-bedroom apartment in central Lake Placid.
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    • $96 SF/Yr
      16,989 SF

      Lykes Road Commercial Property

      16,989 SF Office/Warehouse, Prime Location
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      View Details
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    Lake Placid, FL 33852-9436
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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