Technical
Financial
Distress signals
Property profile

830 Us Highway 27 S Lake Placid, FL 33852

FOR LEASE
Retail properties & Spaces
Property ID
US18-6008541
2,400 SF 0.93 ac lot Built 1988
Trust Owned 18-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1988
Construction FRAME
Total area 2,400 SF
Lot 0.93 ac (40,300 SF)
Zoning code C1
APN P-06-37-30-A00-0500-0000
UPID US18-6008541

Cap rate & NOI

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

Location

830 Us Highway 27 S Lake Placid, FL 33852
Lake Placid metro Census 961604 SEBRING, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2007
3 recorded transactions
2007
Price N/A
2004
$299,900
2004
Price N/A

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