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US HIGHWAY 27 3680 Old State Route 8 41,000 SF Industrial Building Lake Placid, FL 33852 $10,009,864 CAD ($244.14 CAD/SF)
Investment Highlights
- Fully operational ±41,000 SF manufacturing facility priced at $7.1M with significant recent capital improvements.
- Heavy-duty infrastructure featuring 1,200 amps / 3-phase power and 30–38 ft clear heights.
- Industrial zoning permits fabrication, assembly, logistics, and materials storage by right.
- Strategic location with direct access to US-27 and connectivity to major Florida metros within two hours.
- ±3.19-acre industrial-zoned site with ample truck circulation and outdoor storage capacity.
- Below-replacement cost acquisition with $1.9M in upgrades, offering scalability for long-term operational needs.
Executive Summary
This offering presents an opportunity to acquire a fully operational ±41,000 SF industrial manufacturing facility on 3.19 acres in Lake Placid, Florida, offered at $7,100,000. The property is configured for heavy manufacturing and supports steel and aluminum fabrication, industrial assembly, and distribution. Recently upgraded with approximately $1.9 million in capital improvements, the asset boasts enhanced infrastructure, including 1,200 amps of 3-phase power and heavy-load capacity suitable for large-scale production.
Located along Old State Road 8 with immediate access to US-27, the site offers strong logistics advantages, including connectivity to Miami, Fort Lauderdale, Tampa, and Orlando within a two-hour drive. The facility’s layout supports truck maneuverability, outdoor storage, and loading, including one dock-height door and three street-level bays. Clear heights range from 30–38 feet, providing vertical flexibility for heavy manufacturing operations.
Positioned within Highlands County, a fast-growing secondary Florida industrial market, this asset benefits from cost advantages compared to South Florida. The area offers a favorable labor pool, reduced congestion, and central access for regional and statewide distribution. With U.S. average industrial construction costs escalating, the subject property provides a strategic opportunity to acquire below replacement cost—projected 42–73% lower than the price to build new.
Located along Old State Road 8 with immediate access to US-27, the site offers strong logistics advantages, including connectivity to Miami, Fort Lauderdale, Tampa, and Orlando within a two-hour drive. The facility’s layout supports truck maneuverability, outdoor storage, and loading, including one dock-height door and three street-level bays. Clear heights range from 30–38 feet, providing vertical flexibility for heavy manufacturing operations.
Positioned within Highlands County, a fast-growing secondary Florida industrial market, this asset benefits from cost advantages compared to South Florida. The area offers a favorable labor pool, reduced congestion, and central access for regional and statewide distribution. With U.S. average industrial construction costs escalating, the subject property provides a strategic opportunity to acquire below replacement cost—projected 42–73% lower than the price to build new.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Aluminum Extrusion Corp
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- -
- -
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Aluminum Extrusion Corp | - | - | - | - |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | C-17-37-30-A00-0050-0000 | Improvements Assessment | $1,263,612 CAD |
| Land Assessment | $440,370 CAD | Total Assessment | $1,703,982 CAD |
Property Taxes
Parcel Number
C-17-37-30-A00-0050-0000
Land Assessment
$440,370 CAD
Improvements Assessment
$1,263,612 CAD
Total Assessment
$1,703,982 CAD
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US HIGHWAY 27 | 3680 Old State Route 8
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