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Property profile & analytics
FOR LEASE
Medical Office Space
3324 Commerce Center Ln Sebring, FL 33870
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-2107959
For Lease
1 / 34
$2,216/Mo
3324 Commerce Center Ln, Sebring, FL 33870
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
CONCRETE BLOCKS
Total area
7,031 SF
Lot
1.41 ac (61,289 SF)
Zoning code
C1
APN
S-05-35-29-210-0000-0070
UPID
US18-2107959
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
Current use
Occupant on record · Public records
-
Broken Bones Beauty Spa & Massage Center Skin Care Clinic
-
Sweet Southern Rain Wellness & Beauty Alternative Medicine Practice Spa & Massage Center
-
Doctors' Pain Management Associates - dba: Advanced Neurospine Associates - Paul S. Webster, M.D. Physician
-
Caruso Medical Center Inc Medical Clinic
-
Dr. Lenny Mendez Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$940k
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.08M
Owner & transaction history
11045 Nw 7th Avenue LLC · 3 yrs held
11045 Nw 7th Avenue LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
C1 · Sebring, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is offices, including medical, dental, legal, scientific, engineering, fine arts and literary offices
Zone name
Commercial
General category
COMMERCIAL
Zone area
807.62 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.8M
+51.6%
Warehouse, storage
$1.5M
+33.2%
Retail stores
$1.4M
+19.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,020,000
6.5%
$940,000
7%
$875,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,155,000
Current use
RESTAURANT
$1,755,000
Change: +52% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,540,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$1,375,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$1,050,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $1.10M (Jan 31 2023)
Last sale anchor
$1.10M
Jan 31 2023
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
$153 / 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
$19,750
Tax year 2023
Assessed value
$1,003,256
Assessed 2023
Previous assessed
$880,214
+14.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$183,867
Assessed improvement
$819,389
Land market value
$183,867
Improvement market value
$819,389
Total market value
$1,003,256
Applied tax rate
20.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2002
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
33
Bathrooms
3
Total area
7,031 SF
Lot
1.41 ac (61,289 SF)
Zoning code
C1
APN
S-05-35-29-210-0000-0070
UPID
US18-2107959
Jurisdiction
HIGHLANDS
Zoning & alternative use
C1 · Sebring, FLZoning C1 · permitted uses
C1 · Sebring, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is offices, including medical, dental, legal, scientific, engineering, fine arts and literary offices
Zone name
Commercial
General category
COMMERCIAL
Zone area
807.62 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING Current
RESTAURANT
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
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
2002
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
33
Bathrooms
3
Lot
1.41 ac
Current owner
From public records · entity-resolved
11045 Nw 7th Avenue LLC
Entity
Free & Clear · 3 yrs held
Mailing address
751 NW 108TH AVE, PLANTATION, FL 33324-1071
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2023
$1,100,000
11045 Nw 7th Avenue LLC
U Max LLC
Warranty Deed
—
Jun 16, 2016
$650,000
U-max LLC
Midflorida FCU
Grant Deed
$520,000 · Bank Of America
Aug 10, 2015
—
Midflorida FCU
Caruso John R Es Coc
Trustees Deed
related
—
Jan 28, 2011
—
John R Caruso
Ksrj Real Estate Holdings LLC
Quit Claim Deed
related
—
Jul 21, 2008
—
Ksrj Real Estate Holdings LLC
Caruso,john R
Quit Claim Deed
related
$1,080,000 · Midflorida FCU
Nov 15, 2001
$125,000
John R Caruso
Circle Three Development Lc
Grant Deed
$673,000 · Highlands Independent Bank
—
—
John R Caruso
—
Deed Of Trust
related
$648,000 · Suntrust Bank NA
—
—
John R Caruso
—
Deed Of Trust
related
$960,569 · Riverside National Bank
—
—
John R Caruso
—
Deed Of Trust
related
$1,097,696 · Riverside National Bank
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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