1112 Persimmon Ave, Sebring, FL 33870-4336
- Warehouses
- 1,200 SF
- 0.52 lot acres
Current Use by Public Records
- Sebring Cabinet / General Contractor / Renovation Specialist
- Storage Today - Sebring / Storage Facility
Property Details for 1112 Persimmon Ave
- Year built
- 1986
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.52 lot acres
- Zone code
- C1
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- S-32-34-29-090-0010-0160
- APU
- S32342909000100160
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 10, 2025 | — | Twin Palms At Siesta LLC | Persimmon Storage LLC | Quitclaim Deed · related | — |
| Dec 21, 2021 | $550,000 | Persimmon Storage LLC | Persimmon Mini Storage INC | Warranty Deed | — |
| Aug 23, 2021 | $381,000 | Persimmon Mini Storage INC | Chinmaya Bhandare | Warranty Deed | $330k · Chinmava Bhandare Etux |
| May 23, 2018 | $237,500 | Chinmaya Bhandare | Boyle,gary T | Warranty Deed | — |
| Jan 19, 2017 | $350,000 | Gary T Boyle | Blankenship,dwight | Warranty Deed | — |
| Nov 17, 2005 | $395,000 | Triple Pink INC | Sebring Holiday Ents INC | Warranty Deed | $316k · Sebring Holiday Ents INC |
Description
This stabilized, fee-simple industrial property, located at 1112 Persimmon Ave, Sebring, FL 33870, presents a compelling investment opportunity. The 22,440 square foot warehouse, featuring 112 units and 7,700 net rentable square feet, boasts a strong 93% occupancy rate, generating a substantial NOI of $72,720 and an 8.00% cap rate. The asking price is $939,000, translating to $118 per square foot and $8,116.07 per unit. Built in 1986 and extensively renovated in 2022, including new roofs and exterior paint, the property comprises five single-story buildings situated on a 0.52-acre lot (APN: S-32-34-29-090-0010-0160). The property is zoned C1 and benefits from its strategic location near Sebring International Raceway and the airport, enhancing visibility and accessibility. The recent development of a multi-family complex adjacent to the property further strengthens its market position by increasing demand for storage solutions. This well-maintained facility offers secure, well-lit premises with ample parking, promising consistent income and a high return on investment. The property's land value is $4,184 per square foot. The occupancy date is projected for October 21, 2024. The lease type is NNN, and the tenancy is multi.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $700,000
- ML approach
- $700,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $399,000
Market price range: $53.3k - $400k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sebring
- County
- Highlands
- State
- Florida
- Longitude
- -81.4358
- Latitude
- 27.483
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA
