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    Property profile & analytics

    1520 Lakeview Dr Sebring, FL 33870-7957

    • Drive through restaurants
    • 3,011 SF
    • 0.83 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Apr 03, 2025
    $425,000
    Location Intelligence
    Property ID
    US19-0107137
    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

    • Drive through restaurants

    Property Details for 1520 Lakeview Dr

    Year built
    1989
    Construction
    FRAME
    Lot size
    0.83 lot acres
    Property size
    3,011 SF
    Zone code
    C1
    Property type
    Drive through restaurants
    APN
    S-32-34-29-090-0020-0070
    APU
    S32342909000200070

    Description

    This exceptional mixed-use property, located at 1520 Lakeview Drive in Sebring, Florida, presents a unique investment opportunity. The 3,011 square foot building sits on a 0.83-acre lot and boasts a convenient C1 zoning designation. Built in 1989, this single-story structure features ample parking for 30 vehicles, a significant advantage for any business. Its previous use as a restaurant is highlighted by the inclusion of a drive-thru speaker and a side pick-up window, offering immediate operational potential. The property's strategic location offers easy access to downtown Sebring and US Highway 27, ensuring high visibility and convenient access for customers. Situated adjacent to a shopping plaza, this freestanding building benefits from increased foot traffic and synergistic business opportunities. The property includes one unit and is offered at an asking price of $525,000. This is an excellent chance to acquire a well-positioned commercial property with existing infrastructure, ready for immediate occupancy or redevelopment. The property's APN is S-32-34-29-090-0020-0070.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $380,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $420,000
      Mixed-Use
      $415,000
      Hospitality
      $350,000
      Educational
      $395,000
      Residential Income
      $425,000
      Energy
      $355,000
      Income-Based Land
      $390,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.4396
    Latitude
    27.4831
    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
    $6,610
    $108,333
    $215,766
    $324,099
    -
    $108,333
    $215,766
    $324,099

    Comparable in this City

    • Value Estimation by Request
      3,016 SF

      2255 Us Hwy 27th N

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,016 SF
      2255 Us Hwy 27th N, Sebring, FL 33870-1864
      View Details
    • Value Estimation
      $480,000
      3,270 SF

      3115 Us Hwy 27th S

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,270 SF
      3115 Us Hwy 27th S, Sebring, FL 33870-5436
      View Details
    • Value Estimation by Request
      4,410 SF

      3000 Us Hwy 27th N

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,410 SF
      3000 Us Hwy 27th N, Sebring, FL 33870-1629
      View Details
    • Value Estimation by Request
      3,987 SF

      4040 Us Hwy 27th S

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,987 SF
      4040 Us Hwy 27th S, Sebring, FL 33870-5513
      View Details
    • Value Estimation by Request
      2,190 SF

      650 Us Hwy 27th N

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,190 SF
      650 Us Hwy 27th N, Sebring, FL 33870-2156
      View Details
    • Value Estimation
      $595,000
      2,311 SF

      960 Us Hwy 27th N

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,311 SF
      960 Us Hwy 27th N, Sebring, FL 33870-2162
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • Contact for pricing
      2,000 SF

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      2,000 SF retail space in a high-traffic area.
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    • $237,600

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      Retail space available for lease.
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    • $104 SF/Yr
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      High-traffic retail space, excellent visibility.
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    • $15 SF/Yr
      1,000 SF

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      End-cap retail space with high visibility and easy access.
      3303 Kenilworth Blvd, Sebring, FL 33870
      View Details
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    1520 Lakeview Dr
    Sebring, FL 33870-7957
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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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