3200 U S Highway 27Sebring, FL 33870

Property Details for 3200 U S Highway 27

Year built

1985

Construction

FRAME

Lot size

3.00 AC

Property size (Sq ft)

34,104 SF

Zone code

C1

Property type

Retail properties

Property subtype

Banks

APN

S-05-35-29-A00-0020-0000

APU

S053529A0000200000

Description

This four-story, Class B medical office building, located at 3200 US Hwy 27 S in Sebring, Florida (33870), offers multiple suites for lease. The building, renovated in 2021, features a new roof, updated HVAC systems in most areas, and fresh exterior paint. The property boasts high visibility and significant daily traffic (29,000 vehicles per day) due to its prime location on Highway 27. The presence of a Wells Fargo branch on the first floor further enhances foot traffic. Suites are available starting at $12 per square foot annually. Landlords are willing to customize space to meet tenant needs, including installing new plank-style porcelain tile flooring and repainting, for qualified tenants. Tenant incentives may be available. The building is situated in Highlands County and comprises one building with excellent access and visibility. Inquire today for current availability and incentive details.

• CAP approach

  CAP return

  Valuation

  6%

  $14,652,088

  6.5%

  $13,525,004

  7%

  $12,558,932

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,618,382

  Geo Method

  $13,495,485

• Alternative Use

  Use

  Valuation

  Residential

  $11,408,847

  Hospitality

  $10,450,442

  Educational

  $8,694,645

  Medical

  $8,993,668

  Retail

  $13,525,004

Location Insight

City

Sebring

County

Highlands

State

Florida

Latitude

27.4706

Longitude

-81.44

CBSA code

42700

CBSA name

SEBRING, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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