For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $726,438
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10499714
Sold Date 07/08/25
Total Fin. Sqft 74769
Year Built 1985
Annual Tax Amount $5,936
Tax Year 2024
Lot Size 1.270 Acres
Property Sub-Type Commercial
Property Description
Excellent investment opportunity in Sebring, FL. This 15,700 SF warehouse/commercial property is zoned B3 and currently occupied by a strong long-term tenant under lease through 2033. The lease is a Modified Gross Lease: the landlord covers property taxes and insurance, while the tenant is responsible for all maintenance costs—offering a low-maintenance, income-producing asset. This property delivers a solid 6.87% CAP rate, making it ideal for investors seeking reliable returns in a growing market. Priced at just $46.27/sf and sits on 1.72 acres in the heart of Sebring commerce.
Location
State FL
County Highlands County
Area Other Geographic Area (Out Of Area Only)
Zoning B3
Interior
Cooling No Cooling
Exterior
Roof Type Metal Roof
Building
Foundation Metal Construction
Water Public Water
Others
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON MEMBER MLS