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Property profile & analytics
FOR LEASE
Strip malls
2811 Sr 17 N Sebring, FL 33870
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-5047585
For Lease
1 / 6
$800/Mo
2811 Sr 17 N, Sebring, FL 33870
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1977
Construction
FRAME
Total area
4,640 SF
Lot
0.4 ac (17,250 SF)
Zoning code
B3
APN
C-18-34-29-041-0000-0080
UPID
US18-5047585
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
$335k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$539k
Blend (final)
Blend
$520k
Owner & transaction history
A & C Properties Sebring INC · 8 yrs held
A & C Properties Sebring INC
since 2018
5 recorded transactions
Zoning & alternative use
B3 · Sebring, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$765,000
+53.0%
Office building
$690,000
+38.7%
Auto repair, garage
$515,000
+3.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sebring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebring submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$335,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$500,000
Current use
MEDICAL BUILDING
$765,000
Change: +53% · Conversion: Difficult
OFFICE BUILDING
$690,000
Change: +39% · Conversion: Moderate
AUTO REPAIR, GARAGE
$515,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$112 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,688
Tax year 2023
Assessed value
$342,260
Assessed 2023
Previous assessed
$285,133
+20.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$26,000
Assessed improvement
$316,260
Land market value
$26,000
Improvement market value
$316,260
Total market value
$342,260
Applied tax rate
40.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1977
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
12
Total area
4,640 SF
Lot
0.4 ac (17,250 SF)
Zoning code
B3
APN
C-18-34-29-041-0000-0080
UPID
US18-5047585
Jurisdiction
HIGHLANDS
Zoning & alternative use
B3 · Sebring, FL
Zoning B3 · permitted uses
B3 · Sebring, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sebring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$500,000
MEDICAL BUILDING
Est. value
$765,000
OFFICE BUILDING
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$515,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
12
Lot
0.4 ac
Current owner
From public records · entity-resolved
A & C Properties Sebring INC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 1816, AVON PARK, FL 33826-1816
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2018
$104,800
A & C Properties Sebring INC
Constantinople Realty LLC
Warranty Deed
—
Jun 8, 2018
—
A & C Properties Sebring INC
—
Deed
related
$104,766 · Wauchula St Bk
Dec 5, 2012
$150,000
Constantinople Realty LLC
Anthony Tzovarras
Warranty Deed
$126,400 · Wauchula State Bank
—
—
Anthony Tzovarras
—
Deed Of Trust
related
$150,000 · Highlands Independent Bank
—
—
A & C Properties Sebring INC
—
Loan Modification
related
$104,766 · Wauchula St Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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