Property profile

419 Us 27 Hwy N Lake Placid, FL 33852

FOR SALE
Strip malls
Property ID
US18-4695951
1,116 SF 1.79 ac lot Built 1960
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Construction FRAME
Total area 1,116 SF
Lot 1.79 ac (78,000 SF)
Zoning code C1
APN P-31-36-30-080-00C0-0000
UPID US18-4695951

Cap rate & NOI

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

Location

419 Us 27 Hwy N Lake Placid, FL 33852
Lake Placid metro Census 961500 SEBRING, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2003
1 recorded transaction
2003
$1.2M

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message