1245 Us 27 Hwy S Sebring, FL 33870
- Office buildings
- 4,704 SF
- 0.10 lot acres
Current Use by Public Records
- Pitter Patter Frenchies LLC / Dog Breeder
- Evincible Solutions USA / Business Management Consultant / Business Development Service
- Russell's Air Masters / Hvac Contractor / Air Conditioning Contractor
Property Details for 1245 Us 27 Hwy S
- Year built
- 1982
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.10 lot acres
- Property size
- 4,704 SF
- Zone code
- C1
- Property type
- Office buildings
- APN
- S-36-34-28-010-0AA0-0270
- APU
- S3634280100AA00270
Description
This exceptional two-story, 4,720 square foot executive office building is situated on a 0.41-acre lot at 1241 US Hwy 27 S in Sebring, Florida (33870). Boasting a prime location with Lake Jackson views, this Class B property offers six income-producing units, currently 100% occupied with multi-tenant leases in place. Built in 1983 and zoned C1, the building features a new roof (2017), fresh exterior paint, and vinyl siding upstairs for low-maintenance upkeep. The 21-space parking lot was recently resurfaced in 2021. The gross lease structure includes water, sewer, and garbage services for tenants. The property offers a stabilized investment opportunity with a 6.91% cap rate and a strong NOI of $48,001. The asking price is $695,000, translating to $147.75 per square foot. Rent bumps are included in the lease agreements. This is a turnkey opportunity for an investor seeking a stable, income-generating asset in a desirable location. The property's features and strong tenant occupancy make it an attractive investment prospect.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $350,000
- 6.5%
- $350,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $305,000
- Retail
- $310,000
- Mixed-Use
- $335,000
- Hospitality
- $345,000
- Educational
- $355,000
- Residential Income
- $335,000
- Energy
- $365,000
- Income-Based Land
- $340,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Sebring
- County
- Highlands
- State
- Florida
- Longitude
- -81.4676
- Latitude
- 27.4726
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA