1412 Memorial Dr

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1412 Memorial Dr

Avon Park, FL 33825
Asking Price
$1.80M
Asset Type
Office
Class
Class B

What's Special

Located at 1412 Memorial Drive in Avon Park, Florida, this office property is situated within a established commercial and residential corridor. The neighborhood is characterized by its proximity to local government offices and retail centers, offering convenient access to dining and essential services. The site benefits from its location near US Highway 27, a major regional artery providing direct transportation links to Sebring and surrounding Highlands County. The immediate area features a mix of professional services and small businesses, supported by accessible local road networks. The property is suited for a variety of professional office uses, including administrative services, medical consultations, or private practices. The layout and strategic location are ideal for tenants requiring a functional workspace with visibility and accessibility for local clientele. Typical tenants may include insurance agencies, legal professionals, or regional non-profit organizations seeking a stable presence within the Avon Park community. Its position near residential zones makes it an appropriate choice for businesses prioritizing proximity to a local labor pool and client base.

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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015

Location & Travel Times