Technical
Financial
Distress signals
Property profile

246 Commerce Ave Sebring, FL 33870

OFF-MARKET
Turn key restaurants
Property ID
US18-0764707
2,876 SF 0.34 ac lot Built 1938
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1938
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,876 SF
Lot 0.34 ac (15,000 SF)
Zoning code C1
APN S-29-34-29-070-0470-0120
UPID US18-0764707

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm Child Welfare Organization
  • Law Firm
  • Mediation Service

Location

246 Commerce Ave Sebring, FL 33870-3203
Sebring metro Census 960800 SEBRING, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2016
7 recorded transactions
2016
$105,000
2009
$88,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Sebring, FL
Zoning description

The purpose of this district is offices, including medical, dental, legal, scientific, engineering, fine arts and literary offices

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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