7406 U S Highway 27Sebring, FL 33870
- Retail properties
- 2,800 SF
Property Details for 7406 U S Highway 27
- Year built
- 1992
- Construction
- FRAME
- Lot size
- 9.70 AC
- Property size (Sq ft)
- 2,800 SF
- Zone code
- B3
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- A-03-34-28-010-00C0-0560
- APU
- A03342801000C00560
Description
This exceptional 5-acre property in Sebring, Florida (7406 US Hwy 27 N, 33870) presents a prime opportunity for an established or emerging RV dealership and repair business. The property boasts a main sales/admin building featuring three private offices, a parts and accessories store, a service manager's office, and five oversized pull-through service bays. Seven additional outbuildings provide ample storage. The property is fully furnished and ready for immediate operation, benefiting from a strong base of existing customers and an established reputation built since the 1980s. A significant advantage is the ongoing construction of a new 280-site RV park on the same property, promising a substantial influx of potential customers and increased revenue streams. The lease terms favor a long-term NNN agreement at a monthly rate of $12,500. This turnkey operation offers immediate income potential and significant growth opportunities within a thriving RV market. There is also a potential to purchase the entire 36-acre parcel, which includes the RV park development, a proposed restaurant site, and a billboard generating over $8,000 annually in lease income.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,202,963
- 6.5%
- $1,110,427
- 7%
- $1,031,111
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,446,501
- Geo Method
- $1,108,004
-
Alternative Use
- Use
- Valuation
- Residential
- $936,687
- Hospitality
- $858,000
- Educational
- $713,846
- Medical
- $738,396
- Retail
- $1,110,427
Location Insight
- City
- Sebring
- County
- Highlands
- State
- Florida
- Latitude
- 27.5511
- Longitude
- -81.5061
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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