308 Dal Hall BlvdLake Placid, FL 33852

Property Details for 308 Dal Hall Blvd

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.21 AC

Property size (Sq ft)

2,107 SF

Zone code

C2

Property type

Office properties

Property subtype

Office buildings

APN

P-31-36-30-031-0010-0080

APU

P31363003100100080

Description

This exceptional 1,048 square foot office suite is ideally located in the heart of Lake Placid's growing downtown area, situated on Dal Hall Boulevard amongst other professional businesses. The suite is part of a stately brick building featuring two units (the other is listed separately). Suite A boasts two private offices, a well-appointed reception area, and access to shared amenities including a conference room, break room, and restroom. The property offers beautifully landscaped grounds and seven shared parking spaces for employees and clients. This is a net-net (NN) lease at a rate of $1 per square foot, with a CAM charge of $0.35 per square foot, plus a 3.5% sales tax. Utilities are included in the lease. Tenant is responsible for liability and renter's insurance. The building is easily accessible from US 27 and Hammock Road in Sebring; from there, travel south on US 27 into Lake Placid, turn right onto Dal Hall Boulevard, and the property will be on the left. Note: Photos will be available soon. Interested in leasing the entire building? Inquire about MLS #306445.

• CAP approach

  CAP return

  Valuation

  6%

  $615,802

  6.5%

  $568,433

  7%

  $527,831

• Comparable approach

  Method

  Valuation

  Relative Method

  $431,941

  Geo Method

  $330,862

• Alternative Use

  Use

  Valuation

  Residential

  $704,857

  Hospitality

  $645,645

  Educational

  $537,169

  Medical

  $555,643

  Retail

  $835,596

Location Insight

City

Lake Placid

County

Highlands

State

Florida

Latitude

27.2997

Longitude

-81.3621

CBSA code

42700

CBSA name

SEBRING, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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