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Property profile & analytics
OFF-MARKET
Strip malls

215 Ridgewood Dr Sebring, FL 33870-7204

1,200 SF 0.05 ac lot Built 1951
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-1843345
Property summary
AI-generated overview

This exceptional 1,200 square foot retail or restaurant space is ideally situated in the heart of Downtown Sebring, just off the Circle on Ridgewood Drive, ensuring high visibility and pedestrian traffic. Built in 1951 and extensively renovated in 2020, the property boasts a single-tenant occupancy and features a spacious layout including a main area, a secondary finished area with a bathroom, and a rear storage area with a utility sink accessible from both inside and the alley. The high ceilings (10+ feet) and large storefront windows provide ample natural light and excellent visibility. Beyond the 1,200 square feet of interior space, the 2,250 square foot lot includes over 1,000 square feet of rear, alley-accessible outdoor space perfect for parking, a patio, garden, or even food truck storage. The property also includes four parking spaces and benefits from a newer central air conditioning system. This turnkey opportunity offers immediate access to a thriving downtown location with significant vehicular and pedestrian traffic. The property's combination of prime location, updated interior, and ample outdoor space makes it an exceptional investment for a variety of businesses.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,200 SF
Lot 0.05 ac (2,250 SF)
Zoning code C1
APN S-29-34-29-070-0480-0101
UPID US18-1843345
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Simpsy LLC · 3 yrs held
Simpsy LLC
since 2023
Last sale
$140,000
2 recorded transactions
2023
$140,000
2014
$75,000
Zoning & alternative use
C1 · Sebring, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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