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Property profile & analytics
FOR SALE
Warehouses

648 N Ridgewood Dr Sebring, FL 33870

1,392 SF 1.01 ac lot Built 1948
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US18-6167922
Property summary
AI-generated overview

This exceptional 1.01-acre commercial land parcel, located at 648 N Ridgewood Drive, Sebring, Florida 33870 (APN: S-29-34-29-070-0170-0010), presents a high-traffic retail opportunity. Situated in downtown Sebring, this property benefits from a shared entrance and exit with a Family Dollar Store on Sebring Parkway, ensuring excellent visibility and accessibility for potential businesses. The lot is zoned C1, making it suitable for a variety of commercial uses. The asking price is $399,900. This property's prime location and high traffic count make it an ideal investment for a savvy retailer looking to establish a thriving business in a bustling area. Don't miss this chance to secure a valuable piece of Sebring real estate. The property's convenient location and shared access with an established retailer offer a unique opportunity for increased foot traffic and brand recognition. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a desirable location. Act quickly to capitalize on this exceptional investment potential.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD (JUNK, SALVAGE)
Year built 1948
Total area 1,392 SF
Lot 1.01 ac (43,996 SF)
Zoning code C1
APN S-29-34-29-070-0170-0010
UPID US18-6167922
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cole Fd Portfolio IV LLC · 12 yrs held
Cole Fd Portfolio IV LLC
since 2014
3 recorded transactions
2014
$1.7M
2007
Price N/A
2007
$305,000
Zoning & alternative use
C1 · Sebring, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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