839 Mall Ring RdSebring, FL 33870

  • Commercial land
  • 4.80 AC
For Sale
$595,000 View listing

Property Details for 839 Mall Ring Rd

Lot size
4.80 AC
Zone code
B4FU
Property type
Commercial land
APN
C-26-34-28-061-0000-0010
APU
C26342806100000010

Description

This exceptional 4.8-acre vacant land parcel presents a unique investment opportunity in Sebring, Florida. Strategically located behind and on the campus of Lakeshore Mall, with direct frontage on Mall Ring Road, this B4FUD (Commercial) zoned property boasts high visibility and accessibility. Situated next to the US Post Office, the site benefits from significant traffic flow, making it ideal for a variety of commercial developments. The property's proximity to the thriving Shops behind the mall, just a few hundred yards to the north, further enhances its potential. Lakeshore Mall's impressive tenant roster includes well-known retailers such as Bealls, Belk, AMC Theatres, GameStop, Planet Fitness, Hibbett Sporting Goods, and Bath & Body Works, ensuring a consistent flow of customers. Nearby restaurants like Outback Steakhouse, Chili's, and Red Lobster, located on US 27 outparcels, add to the area's vibrancy. The property's ample space allows for diverse project possibilities, capitalizing on its prime location and high-traffic environment. A monthly maintenance fee of $166.38 applies. This is an off US 27 property offering significant potential for growth and return on investment. The property is located at 839 Mall Ring Rd, Sebring, FL 33870.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $69,946,432
    Hospitality
    $64,070,552
    Educational
    $53,305,948
    Medical
    $55,139,220
    Retail
    $82,920,360

Location Insight

City
Sebring
County
Highlands
State
Florida
Latitude
27.4887
Longitude
-81.4893
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
$3,914
$288,000
-
$288,000
-
$288,000
-
$288,000

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