800 Us 27Placid Lakes, FL 33852

  • Sports & entertainment properties
  • 21,875 SF
For Sale
$2,499,900 View listing

Property Details for 800 Us 27

Year built
1993
Construction
FRAME
Lot size
2.59 AC
Property size (Sq ft)
21,875 SF
Zone code
C1
Property type
Sports & entertainment properties
Property subtype
Bowling alleys
APN
P-06-37-30-020-0050-0000
APU
P06373002000500000

Description

This exceptional 22,000 square foot commercial building in Lake Placid, Florida, presents a unique investment opportunity. Located at 800 US 27, this 1993-built property boasts a high-traffic location across from other established franchise retailers. The building is currently configured for mixed-use purposes. A significant portion, approximately 7,000 square feet, is already leased to a restaurant/bar tenant. The remaining 15,000 square feet of climate-controlled space, previously a bowling alley, is currently used for the storage and sale of automobiles and motorcycles. This large area is separately fenced, offering flexibility and potential for various uses. The building's prime location and adaptable layout make it ideal for a variety of businesses, including auto sales (cars, motorcycles, RVs, boats), retail, or other commercial ventures. The asking price is $2,499,900. Serious inquiries only; please schedule an appointment to view. Do not disturb the current restaurant tenant. The property is situated in Lake Placid, Florida, zip code 33852.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,317,866
    Hospitality
    $6,703,126
    Educational
    $5,576,922
    Medical
    $5,768,722
    Retail
    $8,675,213
800 Us 27, Placid Lakes, Florida

Location Insight

City
Lake Placid
County
Highlands
State
Florida
Latitude
27.2896
Longitude
-81.3593
CBSA code
42700
CBSA name
SEBRING, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,985
$336,000
$866,002
$1,202,002
-
$336,000
$866,002
$1,202,002

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