5340 U S Highway 27Sebring, FL 33870

  • Commercial land
  • 0.83 AC
For Sale
$2,950,000 View listing

Property Details for 5340 U S Highway 27

Lot size
0.83 AC
Zone code
B3
Property type
Commercial land
APN
C-10-34-28-070-0000-0110
APU
C10342807000000110

Description

This exceptional commercial property, totaling 8.68+/- acres, is strategically located at the corner of US Hwy 27 N and Bramblewood Rd in Sebring, Florida (zip code 33870). The property encompasses four parcels, all zoned B3 commercial within Highlands County, offering a wide array of development possibilities. City water is available on-site, with sewer access nearby. The B3 zoning permits diverse commercial uses, including restaurants (with or without liquor licenses), drive-thrus, self-storage facilities, warehouses, and retail establishments. This presents a rare opportunity to acquire one of the few larger commercial land parcels on US 27 between two hospitals, ensuring high visibility and accessibility. The sale includes land and existing buildings, viewable by appointment only. The seller is open to a leaseback arrangement for a transitional period, allowing for a smooth business relocation. The asking price for this significant commercial holding is $2,950,000. Please note that access to the buildings is strictly by appointment only, and it's crucial to avoid disturbing ongoing business operations or employees.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,133,776
    Hospitality
    $11,114,473
    Educational
    $9,247,111
    Medical
    $9,565,134
    Retail
    $14,384,395

Location Insight

City
Sebring
County
Highlands
State
Florida
Latitude
27.5299
Longitude
-81.4999
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
$2,075
$151,661
-
$151,661
-
$151,661
-
$151,661

FAQs

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