Property profile

501 Us 27th N Lake Placid, FL 33852

OFF-MARKET
Turn key restaurants
Property ID
US18-3259711
3,121 SF 0.92 ac lot Built 1960
Individually Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction FRAME
Total area 3,121 SF
Lot 0.92 ac (40,000 SF)
Zoning code C1
APN P-31-36-30-080-00D0-0000
UPID US18-3259711

Cap rate & NOI

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

Location

501 Us 27th N Lake Placid, FL 33852-7937
Lake Placid metro Census 961500 SEBRING, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2024
Price N/A
2024
$2.4M
2021
$475,000
2017
$200,000

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?”
You own 501 Us 27th N?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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