594 Us 27th N Lake Placid, FL 33852-9508
Property profile & analytics
594 Us 27th N, Lake Placid, FL 33852-9508
- Retail space
- 15,760 SF
- 1.13 lot acres
Property ID
US18-4635814
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 594 Us 27th N
- Year built
- 2003
- Construction
- FRAME
- Lot size
- 1.13 lot acres
- Zone code
- C1
- Property type
- Retail space
- APN
- P-31-36-30-170-0000-0020
- APU
- P31363017000000020
Description
This exceptional free-standing retail building, situated at 594 US 27 N in Lake Placid, Florida, presents a unique investment opportunity. Boasting a substantial 16,851 square feet of space, this single-tenant building is ideally positioned on a 1.12-acre lot, ensuring high visibility and accessibility for customers. Constructed in 2003, the property features a single story design and offers ample parking with 25 spaces available. The building's prime location on US Highway 27 guarantees significant foot traffic and exposure, making it an attractive proposition for a variety of retail businesses. Utilities, including power, are readily available. The property's APN is P31363017000000020, and it is located within Highlands County, Florida, zip code 33852. This well-maintained building provides a spacious and modern environment, perfect for a retailer seeking to establish or expand their presence in this thriving community. The property's size and location make it an ideal choice for businesses looking to capitalize on the high traffic volume of US Highway 27. This is a rare opportunity to acquire a significant retail space in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,325,000
- ML approach
- $2,280,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,470,000
- 6.5%
- $2,280,000
- 7%
- $2,115,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,306,000
- AI Estimate
- $2,010,000
Market price range: $1.43M - $3.37MMarket price range: $1.25M - $3.28M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,385,000 Current use
- MEDICAL BUILDING
- $2,590,000 Change: +9% Conversion: Difficult
- OFFICE BUILDING
- $2,575,000 Change: +8% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,095,000 Change: -12% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,955,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Longitude
- -81.3593
- Latitude
- 27.3038
- 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
$24,092
$197,750
$1,162,853
$1,360,603
-
$197,750
$1,162,853
$1,360,603
