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    4040 U S Highway 27 S Sebring, FL 33870

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    4040 U S Highway 27 S Sebring, FL 33870

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    • Drive through restaurants
    • 3,987 SF
    • 0.46 lot acres
    For Sale
    $3,495,000
    View Listing →
    Operating Diner with Development Land For Sale
    $3,495,000
    4,155 SF

    Operating Diner with Development Land

    Sebring diner, real estate, and commercial land for sale.

    4040 U.S. Hwy 27 S, Sebring, FL 33870
    View Listing
    Property ID
    US18-3518115
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fyzical Therapy and Balance Centers / Gym & Fitness Center
    • Royal Palm Orthopedics & Sports Medicine Institute / Medical Clinic / Physician
    • Rehab Consultants of Central Florida / Physician
    • Auto Injury and Spine Center / Alternative Medicine Practice
    • Sebring Diner / Restaurant

    Property Details for 4040 U S Highway 27 S

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    0.46 lot acres
    Property size
    3,987 SF
    Zone code
    C1
    Property type
    Drive through restaurants
    APN
    S-04-35-29-040-0010-0050
    APU
    S04352904000100050

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $634,000
      Market price range: $345k - $694k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.4314
    Latitude
    27.4628
    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
    $19,485
    $301,050
    $779,968
    $1,081,018
    -
    $301,050
    $779,968
    $1,081,018

    Comparable in this City

    • Value Estimation
      $1,475,000
      720 SF

      2815 Us Hwy 27th S

      DRIVE-THRU RESTAURANT, FAST FOOD • 720 SF
      2815 Us Hwy 27th S, Sebring, FL 33870-5051
      View Details
    • Value Estimation by Request
      2,407 SF

      1698 Us Hwy 27th N

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,407 SF
      1698 Us Hwy 27th N, Sebring, FL 33870
      View Details
    • Value Estimation by Request
      258 SF

      1568 Lakeview Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 258 SF
      1568 Lakeview Dr, Sebring, FL 33870-7957
      View Details
    • Value Estimation by Request
      2,596 SF

      2709 Us Hwy 27th S

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,596 SF
      2709 Us Hwy 27th S, Sebring, FL 33870-5049
      View Details
    • Value Estimation by Request
      1,404 SF

      3359 Us Hwy 27th S

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,404 SF
      3359 Us Hwy 27th S, Sebring, FL 33870-5441
      View Details
    • Value Estimation
      $575,000
      4,410 SF

      3000 Us Hwy 27th N

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,410 SF
      3000 Us Hwy 27th N, Sebring, FL 33870-1629
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      489,000 SF

      Regional Mall in Sebring, Florida

      489,000 SF regional mall with shopping, food, and entertainment.
      901 U.S U S Highway 27 N, Sebring, FL 33870
      View Details
    • $3,495,000
      5.35 Acres

      Turnkey Restaurant with Development Land

      Operating restaurant with expansion land along US-27 corridor.
      4040 U S Highway 27 S, Sebring, FL 33870
      View Details
    • $3,495,000
      4,155 SF

      Operating Diner with Development Land

      Sebring diner, real estate, and commercial land for sale.
      4040 U.S U S Highway 27 S, Sebring, FL 33870
      View Details
    • Contact for pricing
      5,005 SF

      Sebring Restaurant Investment Opportunity

      NNN leased restaurant with long-term income and attractive rent increases.
      4390 U.S U S Highway 27 S, Sebring, FL 33870
      View Details
    • $3,495,000

      Restaurant and Development Land Assemblage

      Operating restaurant plus land on US-27 corridor in Sebring.
      4040 U S Highway 27 S, Sebring, FL 33870
      View Details

    Similar Nearby for Lease

    • New
      $7,083 /Mo
      67,082 SF

      Prime Commercial Parcel on US-27

      1.54-acre commercial parcel with high visibility on US-27.
      2040 U S Highway 27 N, Sebring, FL 33870
      View Details
    • Contact for pricing

      Restaurant Space Available For Lease

      Single tenant restaurant space available for lease.
      3750 U S Highway 27 N, Sebring, FL 33870
      View Details
    • $2,165 /Mo
      1,890 SF

      Restaurant Space in Fairmount Cinema

      Commercial lease space in North Sebring with highway frontage.
      3750 Hwy N, Sebring, FL 33870
      View Details
    • $1,200 /Mo
      1,653 SF

      Retail Building Near Downtown Sebring

      Commercial space for lease near downtown Sebring, Florida.
      939 State Road 17 N, Sebring, FL 33870
      View Details
    • $15 SF/Yr
      1,000 SF

      Retail Space in Sebring Heart

      End-cap retail space with high visibility and easy access.
      3303 Kenilworth Blvd, Sebring, FL 33870
      View Details
    • $9,688 /Mo
      15,000 SF

      Sebring Commercial Space on US-27

      15,000 SF commercial space with highway frontage on US-27.
      3750 Hwy N, Sebring, FL 33870
      View Details
    View Listing
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    Sebring, FL 33870
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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