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    Property profile & analytics

    231 Ridgewood Dr Sebring, FL 33870-3340

    • Office buildings
    • 15,476 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $1,220,000
    Last Sale
    Jul 01, 2024
    $1,200,000
    Location Intelligence
    Property ID
    US18-3804274
    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

    • Downtown Mall & Marketplace / Shopping Mall / Antique Store
    • Dixion's Baubles & Beeds Jewelry / Shopping Mall

    Property Details for 231 Ridgewood Dr

    Year built
    1961
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    15,476 SF
    Zone code
    C1
    Property type
    Office buildings
    APN
    S-29-34-29-070-0620-0120
    APU
    S29342907006200120

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,225,000
      6.5%
      $1,300,000
      7%
      $1,360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,070,000
      Geo Method
      $1,280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,490,000
      Retail
      $1,310,000
      Mixed-Use
      $1,475,000
      Hospitality
      $1,540,000
      Educational
      $1,375,000
      Residential Income
      $1,470,000
      Energy
      $1,485,000
      Income-Based Land
      $1,510,000
      Food Service
      $1,250,000

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.4421
    Latitude
    27.494
    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
    $9,346
    $131,375
    $241,843
    $373,218
    -
    $131,375
    $241,843
    $373,218

    Comparable in this City

    • Value Estimation by Request
      840 SF

      326 Lemon Ave

      OFFICE BUILDING • 840 SF
      326 Lemon Ave, Sebring, FL 33870-3539
      View Details
    • Value Estimation by Request
      6,920 SF

      3670 Us Hwy 27th S

      PROFESSIONAL BUILDING • 6,920 SF
      3670 Us Hwy 27th S, Sebring, FL 33870
      View Details
    • Value Estimation by Request
      4,844 SF

      400 Eucalyptus St

      OFFICE BUILDING (MULTI-STORY) • 4,844 SF
      400 Eucalyptus St, Sebring, FL 33870-3700
      View Details
    • Value Estimation by Request
      1,189 SF

      344 Fernleaf Ave

      OFFICE BUILDING • 1,189 SF
      344 Fernleaf Ave, Sebring, FL 33870-3609
      View Details
    • Value Estimation by Request
      310 SF

      1570 Lakeview Dr Ste, Unit 7

      OFFICE BUILDING (MULTI-STORY) • 310 SF
      1570 Lakeview Dr Ste, Sebring, FL 33870-7959
      View Details
    • Value Estimation
      $325,000
      1,968 SF

      8382 Cooper Rd

      OFFICE BUILDING (MULTI-STORY) • 1,968 SF
      8382 Cooper Rd, Sebring, FL 33870-0500
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Sebring Office Building For Sale

      Office building available for purchase in Sebring, Florida.
      740 Sebring Square Aly, Sebring, FL 33870
      View Details
    • $595,000
      0.38 Acres

      Income-Producing Commercial Building on US Hwy 27

      Two-story commercial building with highway frontage and multiple leased units.
      1225 Us 27 Hwy S, Sebring, FL 33870
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      0.17 Acres

      Downtown Sebring Commercial Building For Sale

      Commercial building in downtown Sebring, ideal for various business uses.
      351 S Commerce Ave, Sebring, FL 33870
      View Details
    • Contact for pricing

      Professional Office Space Available

      Ground floor office unit with high visibility.
      2153 Us Hwy S, Sebring, FL 33870
      View Details
    • $459,000

      Executive Office Space on Hwy 27

      Executive office space for sale on Hwy 27 in Florida.
      2153 Us Hwy 27 Hwy S, Sebring, FL 33870
      View Details
    • $695,000
      4,704 SF

      Golfview Plaza: Sebring Office Building

      Six-unit office building, high cap rate
      1241 U S Highway 27, Sebring, FL 33870
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      2,601 SF

      Sebring Commercial Space For Lease

      2,601 SF commercial space with warehouse and office in Sebring.
      971 State Road 17 N, Sebring, FL 33870
      View Details
    • $12 SF/Yr
      8,450 SF

      3324 COMMERCE CENTER LANE SEBRING FL 33870

      Medical offices • 8,450 SF
      3324 Commerce Center Ln, Sebring, FL 33870
      View Details
    • $24,000

      Medical Office Space Near Hospital

      1,500 RSF medical office space near AdventHealth Sebring.
      6801 Us-27 N B3, Sebring, FL 33870
      View Details
    • $142,500

      Medical Office Suite For Lease

      9500 SF medical office suite available for lease.
      5901 U S Highway 27 S, Sebring, FL 33870
      View Details
    • $29,184

      Medical Office Space Near Hospital

      Turn-key medical office space near AdventHealth Sebring.
      6801 Us-27 N B1, Sebring, FL 33870
      View Details
    • $28,284

      Medical Office Space Near Hospital

      1,768 RSF medical office space near AdventHealth Sebring.
      6801 Us-27 N B2, Sebring, FL 33870
      View Details
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    231 Ridgewood Dr
    Sebring, FL 33870-3340
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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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