3341 Us Hwy 27th S Sebring, FL 33870-5441
Property profile & analytics
3341 Us Hwy 27th S, Sebring, FL 33870-5441
- Retail space
- 3,440 SF
- 1.38 lot acres
Property ID
US18-3485246
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 3341 Us Hwy 27th S
- Year built
- 1991
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.38 lot acres
- Zone code
- C1
- Property type
- Retail space
- APN
- S-05-35-29-A00-0031-0000
- APU
- S053529A0000310000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $735,000
- ML approach
- $735,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $540,000
- 6.5%
- $495,000
- 7%
- $460,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $975,000
- AI Estimate
- $633,000
Market price range: $289k - $1.14MMarket price range: $212k - $650k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $675,000 Current use
- WAREHOUSE, STORAGE
- $755,000 Change: +12% Conversion: Difficult
- MEDICAL BUILDING
- $565,000 Change: -16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Sebring
- County
- Highlands
- State
- Florida
- Longitude
- -81.4398
- Latitude
- 27.4681
- 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
$11,109
$291,600
$350,627
$642,227
-
$291,600
$350,627
$642,227
