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For Sale

$1,690,000

2320 US Highway 27 Highway N
Sebring, FL 33870

20,000+-SF Retail Bld by Big Box Retailers Home Depot & Lowes Sebring,FL! 9% Proforma Cap Rate. Current rents are below market & short term allowing new owner to lock in optimal market rates. Either use the desired space you need or lease for long term income performance if you wish and sell at end of hold period to the many Franchise users desiring this prime location. Subject is across Hwy from Home Depot & the new Duncan Donuts/ Steak & Shake being built. Addl portion (Strap# C-23-34-28-A00-0251-0000 can be purchased for $1,100,000.00), or BOTH parcels for total $2,600,000. Owner financing may considered with qualified buyer. Read More

Market Status
Available
Last Updated
June 22, 2021

Property Type
Commercial Property
Year Built
1973
Stories
1
Cable/Satellite TV
Cable Ready
Cooling System
Wall Unit(s) A/C
Heating System
Wall Unit
Roof
Metal
Stories
1.0
Central Air
-
Heating Fuel
Electric
Exterior Construction
Block; Concrete Block; Metal
Parking
Parking Lot; Paved or Surfaced; 100 spaces
Floors
Concrete
Taxes
5908 (2017)
Property Type
Commercial; Commercial

Local Market Conditions

There are currently 88 properties for sale in the Sebring, FL area with the average listing price of $234,788. This represents a decrease of -11.1% over the previous week. The 4 bedroom homes saw the largest decrease in the average listing price over the previous week with a -21.5% decrease. To learn more about the Sebring, FL area, contact a local expert!

Market Snapshot for Sebring, FL

Avg. Listing Price

$234,788

Wk ending Jun 19

$-29,368

-11.1%

w-o-w

88

338

37

35

32

16

Average Listing Price for Sebring, FL
No. BedroomsNo. Beds Week Ending
(Jun 19)
w-o-w Week Ending
(Jun 12)
Week Ending
(Jun 5)
Week Ending
(May 29)
All PropertiesAll $234,788 -11.1% $264,156 $251,130 $244,757
1 bedroom1 BR $54,950 +0.0% $54,950 $54,950 $54,950
2 bedrooms2 BR $112,343 -5.1% $118,375 $108,619 $89,296
3 bedrooms3 BR $203,371 -4.1% $212,129 $231,924 $224,077
4 bedrooms4 BR $468,916 -21.5% $597,040 $470,146 $592,725

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Listing Provided By:

Gregory Karlson

Phone
This $1,690,000 Commercial Property at 2320 US Highway 27 Highway N in Sebring, FL is presented by Gregory Karlson. This $1,690,000 Commercial Property, located in the 33870 zip code, has the following property features: Property Type, Parking, Stories, Roof. This 2320 US Highway 27 Highway N Commercial Property is listed under MLS listing number 260809 and has a listing price of $1,690,000. You can find more Sebring homes for sale here.

Data Provided by Heartland Multiple Listing Service, Inc. (FL)

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