Property profile

3341 Us Hwy 27th S Sebring, FL 33870

OFF-MARKET
Retail space
Property ID
US18-3485246
3,440 SF 1.38 ac lot Built 1991
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 3341 US Highway 27 S in Sebring, Florida, presents a compelling investment opportunity. The 5,156 square foot building features a prime retail space exceeding 4,000 square feet, complete with a convenient drive-thru. Situated on a 1.38-acre lot, this property boasts unparalleled visibility and accessibility, benefiting from its strategic location alongside established businesses such as Dairy Queen, Captain D's, Arby's, and WaWa. The high-traffic location on US Highway 27 sees an average daily traffic count of 31,000 vehicles, ensuring significant exposure for any business operating within the space. The existing building offers immediate income potential, with the possibility of leasing for up to $46 per square foot. However, the property also presents substantial upside potential. The current structure can be expanded, and modernized with updated parapets, to accommodate additional tenants or a larger single tenant. This allows for long-term profit generation through leasing, followed by a sale once depreciation has been fully realized. This property is ideal for investors seeking a strong return on investment in a high-demand location. The combination of existing income potential and significant expansion opportunities makes this a truly unique and attractive investment.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Construction CONCRETE BLOCKS
Total area 3,440 SF
Lot 1.38 ac (60,113 SF)
Zoning code C1
APN S-05-35-29-A00-0031-0000
UPID US18-3485246

Cap rate & NOI

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

Location

3341 Us Hwy 27th S Sebring, FL 33870-5441
Sebring metro Census 961303 SEBRING, FL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$735k
CAP Approach CAP
$495k
Comparable Approach Comparable
$976k
Blend (final) Blend
$735k

Owner & transaction history

since 2024
Last sale
$735,000
5 recorded transactions
2024
$735,000
2018
$3,850
2017
Price N/A
2016
$400,000
2010
$550,000

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
Top alternative use upside
Warehouse, storage $755,000 +11.9%

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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