435 Commerce AveSebring, FL 33870

Property Details for 435 Commerce Ave

Year built

1986

Construction

FRAME

Lot size

0.17 AC

Property size (Sq ft)

5,195 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

S-29-34-29-070-0770-0040

APU

S29342907007700040

Description

This single-tenant office space, totaling 116 square feet, is available for lease in Sebring, Florida. Located at 435 S Commerce Avenue, this property enjoys a highly desirable location in the heart of Sebring's commercial district, directly across from the Highlands County Courthouse. Built in 1986, this single-story building sits on a 7,500 square foot lot (APN: S-29-34-29-070-0770-0040, Highlands County). The space is ideal for a professional business seeking a convenient and accessible location. Rent includes utilities (water, sewer, and electricity) and access to shared amenities, which include a conference room, kitchen and break room, and three restrooms. Multiple office configurations are available: a single 95-116 sq ft office for $900 per month plus sales tax; two offices for $1,650 per month plus sales tax; or all three offices for $2,400 per month plus sales tax. This is a fantastic opportunity to establish a professional presence in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,518,317

  6.5%

  $1,401,523

  7%

  $1,301,414

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,064,990

  Geo Method

  $815,771

• Alternative Use

  Use

  Valuation

  Residential

  $1,737,889

  Hospitality

  $1,591,897

  Educational

  $1,324,440

  Medical

  $1,369,989

  Retail

  $2,060,239

Location Insight

City

Sebring

County

Highlands

State

Florida

Latitude

27.4921

Longitude

-81.4372

CBSA code

42700

CBSA name

SEBRING, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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