For Sale
$815,000

2470 U S Highway 27 Sebring, FL 33870

Three billboards, high ROI, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
136
Exceptional investment opportunity featuring three double-sided, illuminated wooden billboards situated on 2470 US Hwy 27 N in Sebring, Florida (33870), Highlands County. These billboards offer significant visibility due to their strategic placement, maximizing exposure both day and night. The property includes the land for all three structures, resulting in zero ground lease costs. The current annual property tax is $416.21, and annual electricity costs average $2,400. Low maintenance costs, averaging $50-$70 per month, contribute to the strong profitability of this asset. The billboards are fully permitted and compliant with all relevant state and local regulations. Generating a 2023 gross annual revenue of $96,667, with projections exceeding $100,000 in 2024, this business boasts a 10.14% cap rate and a net operating income (NOI) of $82,671. The current owner is available to assist with the transition, managing sales and operations. This turnkey investment offers a compelling return with significant upside potential in the growing Sebring market. The property is zoned for commercial use. This is a rare opportunity to acquire a well-established, high-performing billboard portfolio with minimal operational overhead.

Highlights

  • Three-building property with six street frontages.
  • Static signage (upgradeable to digital).
  • $96,667 gross annual revenue in 2023, projected to exceed $100,000 in 2024.
  • No ground lease cost; land included in sale.
  • Annual property taxes: $416.21.
  • Annual electricity cost: $2,400.

Property Details for 2470 U S Highway 27

Property type
Land

Location Insight

City
Sebring
County
Highlands
State
Florida
Latitude
27.506672656509
Longitude
-81.491370204589

FAQs

What type of property is this?
Land - Three billboards, high ROI, prime location.
Where is the land located?
The property is located at 2470 U S Highway 27 Sebring, FL.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Three-building property with six street frontages.; Static signage (upgradeable to digital).; $96,667 gross annual revenue in 2023, projected to exceed $100,000 in 2024.
How can I contact the broker?
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2470 U S Highway 27
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