Corner Lot Medical Office Building

101-1659 Us Highway 27 N Avon Park, FL 33825

Claim this Listing
For Sale
$799,000

Two-unit commercial building on busy U.S. Hwy 27 in Avon Park, with a move-in-ready built-out medical/professional suite.

Property size:
4,000 SF
Price / SF:
$199/SF
Added:
Jan 13, 2026
Days on Market:
181
Last Refresh:
Jul 10 at 2:22 am

Property Features for 101-1659 Us Highway 27 N

General Information

Standard status
Active
Size
4,000 SF

Listing office RE/MAX REALTY PLUS

Listing date Jan 13, 2026

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX REALTY PLUS


Investment Insights

Based on property information with market context.

This corner lot commercial building offers a flexible two-unit layout totaling approximately 4,000+ square feet. Unit 1 is fully built out and described as move-in ready, featuring a functional layout and two restrooms. Unit 2 is currently vacant and ready for a custom build out, supporting options for an additional tenant or an owner-user space.

The property is located directly on busy U.S. Highway 27, providing prominent exposure for medical, professional, or retail use. With ample corner frontage and the ability for signage, the site is positioned for strong day-to-day visibility.

Designed to support multi-tenant occupancy, the building’s separate units make it practical for businesses seeking independent space configurations while maintaining a shared property footprint.

Key Highlights

  • 4,000+ SF corner lot commercial building on busy U.S. Hwy 27 in Avon Park
  • Building divided into two units for single‑tenant or multi‑tenant occupancy
  • 1,675+ SF first unit is fully built out and move‑in ready with two restrooms

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $69.6k $17.40
− Vacancy −$15.3k −$3.83
EGI $54.3k $13.57
− OpEx −$13.6k −$3.39
NOI $40.7k $10.18
4,000 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$581.7K
$509.0K – $678.6K (±1% cap)
NOI $40,716 @ 7.0% cap · market cap 5.10%
Second Best
Healthcare Medical
$497.1K
$435.0K – $580.0K (±1% cap)
NOI $34,798 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$832.2K
$728.2K – $970.9K (±1% cap)
NOI $58,253 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Real Estate Agency Parking Lot & Garage Electrical Service Law Firm (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Computer & Electronic Repair Spa & Massage Center Storage Facility (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Lake Forest Veterinary Clinic — 320 US Hwy 27 N, Avon Park, FL 33825
  • Lake Forest Veterinary Clinic: Griffin Charles DVM — 320 US Hwy 27, Avon Park, FL 33825

FAQs

What type of property is this?
Medical Office Space - Two-unit commercial building on busy U.S. Hwy 27 in Avon Park, with a move-in-ready built-out medical/professional suite.
Where is this medical office space located?
The property is located at 101-1659 Us Highway 27 N Avon Park, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4,000+ SF corner lot commercial building on busy U.S. Hwy 27 in Avon Park; Building divided into two units for single‑tenant or multi‑tenant occupancy; 1,675+ SF first unit is fully built out and move‑in ready with two restrooms
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