Property profile

420 Main Ave Lake Placid, FL 33852

OFF-MARKET
Retail space
Property ID
US19-0107060
1,200 SF 0.11 ac lot Built 1962
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Construction FRAME
Total area 1,200 SF
Lot 0.11 ac (4,660 SF)
Zoning code C2
APN P-06-37-30-040-0180-0190
UPID US19-0107060

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Barber Shop

Location

420 Main Ave Lake Placid, FL 33852-1814
Lake Placid metro Census 961604 SEBRING, FL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$85k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2021
Last sale
$72,000
6 recorded transactions
2021
$72,000
2018
Price N/A
2011
$38,500
2010
$140,100
2006
$150,000
2004
$56,000

Zoning & alternative use

C2 · Lake Placid, FL
Zoning description

The purpose of the C-2 Limited Commercial District is to provide areas for development of uses of land for all legal retail product sales and services normally located in a central business area.

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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