NNN Veterinary Hospital
For Sale
$2,100,000
3300 N HIGHWAY 19A, Mount Dora, FL 32757
Commercial Sale, MOUNT DORA, FL
Property Size7,159 SF
Lot Size0.89 Acres
Price / SF$293.34
Days on Market190
Property Features for 3300 N HIGHWAY 19A
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C-2
Subdivision
BRADNER COMM
Directions
Head east on US-441 S from Mount Dora. Slight right onto the County Rd 19A S ramp. Continue onto County Rd 19A N. Turn for the property.
Standard status
Active
APN
26-19-26-0075-000-00100
Size
7,159 SF
Lot size
0.89 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MOUNT DORA BRADNER COMMERCIAL TRACTS SUB LOT 1 PB 43 PG 26 ORB 5643 PG 68
Tax Annual Amount
20692
Legal Description
MOUNT DORA BRADNER COMMERCIAL TRACTS SUB LOT 1 PB 43 PG 26 ORB 5643 PG 68
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
2007
Floors in Building
1
Building materials
Block
Listing Agency:
BLISSFUL REAL ESTATE LLC
(407) 867-0007
Listed By:
Indra Kasireddy · License #3279384
(407) 443-2628
Added: Feb 13
Changed: Aug 20
Last Checked: Aug 22 at 7:06AM
MLS# O6383136
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7,159-square-foot veterinary hospital property occupies an estimated 0.89-acre parcel at 3300 N Highway 19A in Mount Dora, Florida. Built in 2007, the building features block construction and central air, with electricity available, public water, and public sewer. The property is zoned C-2.
A corporate-backed, 20-year absolute NNN lease began February 1, 2021. The lease includes 10% rent increases every five years, while the absolute NNN structure limits landlord obligations. The site is positioned along a major thoroughfare with visibility and accessibility identified in the property information.
A corporate-backed, 20-year absolute NNN lease began February 1, 2021. The lease includes 10% rent increases every five years, while the absolute NNN structure limits landlord obligations. The site is positioned along a major thoroughfare with visibility and accessibility identified in the property information.
Key Highlights
- 7,159‑square‑foot veterinary hospital on an estimated 0.89‑acre parcel
- Corporate‑backed 20‑year absolute NNN lease commenced February 1, 2021
- Lease includes 10% rent increases every five years
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$102,059
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,041,180
$2.0M
Cap Rate 7%
$1,457,986
$1.5M
Cap Rate 9%
$1,133,989
$1.1M
Market Conditions
NOI Build-Up for 7,159 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$189.0K $26.40/SF
− Vacancy
−$18.9K −$2.64/SF
EGI
$170.1K $23.76/SF
− OpEx
−$68.0K −$9.50/SF
NOI
$102.1K $14.26/SF
Area
Lake County, FL
Vacancy
10.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,041,180
Cap Rate 7%
$1,457,986
Cap Rate 9%
$1,133,989
Alternative Uses
Best Use
Healthcare Medical
$1.46M
$1.28M – $1.70M
NOI $102,059 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,607 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Explore this area
Business Placement
Demographics for 32757, FL
30,315
Population
14,625
Households
2.1
Avg Household Size
49
Median Age
36%
College-Educated
92%
High-School Grad
35.3 sq mi
ZIP Area
859
Density / Sq Mi
$73,327
Median Household Income
$40,565
Median Earnings
$1,474
Median Rent
$325,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - C-2-zoned healthcare property with a long-term absolute NNN lease and public utilities.
Where is this nnn property located?
The property is located at 3300 N HIGHWAY 19A Mount Dora, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 7,159‑square‑foot veterinary hospital on an estimated 0.89‑acre parcel; Corporate‑backed 20‑year absolute NNN lease commenced February 1, 2021; Lease includes 10% rent increases every five years
