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    Property profile & analytics

    199 Us Hwy 27th S Sebring, FL 33870-2103

    • Strip malls
    • 17,725 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    $2,260,000
    Last Sale
    Jul 27, 2022
    $2,200,000
    Location Intelligence
    Property ID
    US18-4611473
    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

    • THN Sebring / Cafe / Health Food Restaurant
    • The Vitamin Place LLC / Health Food Store
    • Lake Plaza Storage / Storage Facility / Self-Storage Facility

    Property Details for 199 Us Hwy 27th S

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.84 lot acres
    Property size
    17,725 SF
    Zone code
    C1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    S-23-34-28-020-00C0-0020
    APU
    S23342802000C00020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,055,000
      6.5%
      $2,130,000
      7%
      $1,970,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,145,000
      Geo Method
      $2,415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,030,000
      Retail
      $2,585,000
      Mixed-Use
      $2,350,000
      Hospitality
      $2,040,000
      Educational
      $2,370,000
      Residential Income
      $1,945,000
      Energy
      $2,140,000
      Income-Based Land
      $2,045,000
      Food Service
      $2,255,000

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.4787
    Latitude
    27.4813
    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
    $39,713
    $459,164
    $1,470,238
    $1,929,402
    -
    $459,164
    $1,470,238
    $1,929,402

    Comparable in this City

    • Value Estimation by Request
      1,193 SF

      1570 Lakeview Dr

      SHOPPING CENTER, STRIP CENTER • 1,193 SF
      1570 Lakeview Dr, Sebring, FL 33870-7958
      View Details
    • Value Estimation by Request
      6,710 SF

      227 Us Hwy 27th N

      SHOPPING CENTER, STRIP CENTER • 6,710 SF
      227 Us Hwy 27th N, Sebring, FL 33870-2132
      View Details
    • Value Estimation
      $125,000
      11,830 SF

      515 Pne St

      SHOPPING CENTER, STRIP CENTER • 11,830 SF
      515 Pne St, Sebring, FL 33870
      View Details
    • Value Estimation
      $1,445,000
      9,280 SF

      6360 Us Hwy 27th N

      SHOPPING CENTER, STRIP CENTER • 9,280 SF
      6360 Us Hwy 27th N, Sebring, FL 33870-1225
      View Details
    • Value Estimation
      $280,000
      5,000 SF

      6217 Us Hwy 27th N

      SHOPPING CENTER, STRIP CENTER • 5,000 SF
      6217 Us Hwy 27th N, Sebring, FL 33870-1224
      View Details
    • Value Estimation by Request
      3,799 SF

      237 Ridgewood Dr

      SHOPPING CENTER, STRIP CENTER • 3,799 SF
      237 Ridgewood Dr, Sebring, FL 33870
      View Details

    Similar Nearby for Sale

    • $5,557,057
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      DeSoto Square Shopping Center

      High-Yield Florida Retail Investment
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      Sebring, FL retail investment opportunity
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    • Contact for pricing
      489,000 SF

      Regional Mall in Sebring, Florida

      489,000 SF regional mall with shopping, food, and entertainment.
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    • Contact for pricing
      4.24 Acres

      Retail Space in Sebring Plaza

      Retail space available in a busy Sebring shopping center.
      3220 Us 27 Hwy South, Sebring, FL 33870
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    • $1,500,000

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      Profitable appliance and TV business with growth opportunities in Sebring.
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    • $3,000,000
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      21,000+ sqft retail/warehouse on 1.54 acres with high visibility.
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    Similar Nearby for Lease

    • $104 SF/Yr
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      Sebring Retail Space - US Hwy 27

      High-traffic retail space, excellent visibility.
      4141 U S Highway 27, Sebring, FL 33870
      View Details
    • Contact for pricing
      2,000 SF

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      2,000 SF retail space in a high-traffic area.
      4228 Sebring Pkwy, Sebring, FL 33870
      View Details
    • $237,600

      Retail Space Available For Rent

      Retail space available for lease.
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    • $2,100 /Mo
      1,008 SF

      Restaurant Space with Outdoor Seating

      Restaurant space in Sebring with outdoor seating and stage.
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    • $15 SF/Yr
      1,000 SF

      Retail Space in Sebring Heart

      End-cap retail space with high visibility and easy access.
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    • $132 SF/Yr
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      Prime Sebring location, high traffic, versatile space.
      2029 U S Highway 27, Sebring, FL 33870
      View Details
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    Sebring, FL 33870-2103
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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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