For Sale
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Property summary
This exceptional 3.5-acre commercial property, located at 1406 US Hwy 27 N in Sebring, Florida (zip code 33870), presents a compelling redevelopment opportunity. Currently featuring five single-story buildings totaling 17,549 square feet, built in 1977, the property is zoned B2 and offers significant potential for a variety of commercial uses. The asking price is $3,600,000, translating to $205.14 per square foot. The site boasts 65 parking spaces and benefits from high visibility and accessibility due to its prime location on a busy highway with convenient median curb cuts for both northbound and southbound traffic. The existing structures are currently used by a non-profit organization. This location offers easy access to essential utilities and is surrounded by established businesses, making it an ideal investment for retail, service stations, restaurants, or office complexes. The high traffic count ensures maximum visibility and a consistent customer base, making this a truly exceptional investment opportunity in a well-developed area. This property is situated in Highlands County and offers a strategic location near key amenities. The high traffic volume and excellent visibility make this a rare opportunity for commercial success.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Bed & Breakfast
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Sebring market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B2 · Sebring, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Sebring, FL.
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