Property profile

401 Us 27th N Lake Placid, FL 33852

OFF-MARKET
Retail space
Property ID
US18-2229829
2,440 SF 0.33 ac lot Built 1984
Individually Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,440 SF
Lot 0.33 ac (14,300 SF)
Zoning code C1
APN P-31-36-30-080-00A0-0000
UPID US18-2229829

Cap rate & NOI

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

Location

401 Us 27th N Lake Placid, FL 33852-7936
Lake Placid metro Census 961500 SEBRING, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2012
4 recorded transactions
2012
$200,000
2011
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Lake Placid, FL
Zoning description

The purpose of the C-1 Highway Commercial District is to provide for commercial uses of land and buildings along highway frontage.

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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