Sebastian Medical Office Building For
For Sale
Contact for pricing
14445 US-1, Sebastian, FL 32958
2,676 SF medical office building in high-traffic location.
Property Size2,676 SF
Lot Size0.55 Acres
Price / SF$272.80
Days on Market602
Property Features for 14445 US-1
General Information
Standard status
Active
Size
2,676 SF
Lot size
0.55 Acres
Property subtype
Retail, Office, Special Purpose
Zoning
CL - Commercial Light
Occupancy
100%
Lease Type
NNN
Net Operating Income
$46,830
Building Details
Year Built
1962
Year Renovated
2023
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SVN CP | Treasure Coast
Listed By:
Samuel Zuker · License #3507062
Source:
Crexi
Added: Feb 11, 2025
Changed: Sep 22
Last Checked: Oct 5 at 5:56PM
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 SVN CP | Treasure Coast
Investment Insights
Based on property information with market context.
This 2,676 SF stand-alone medical office building is strategically located along US Hwy-1 in Sebastian, FL. The property benefits from high visibility with direct frontage to over 25,000 daily drivers. Situated on a 0.55-acre parcel, the property includes 17 private parking spaces. Zoned CL (Commercial Light) by Indian River County, the property allows for a wide range of professional and medical uses. The site is located a quarter mile north of Sebastian River Medical Center. The building is fully leased to an established direct primary care and urgent care practice under a five-year agreement, generating stable income at a 6.5% CAP rate. Recent capital improvements include a new roof and upgraded electrical systems in 2023, along with a brand-new HVAC system installed in 2025, minimizing future maintenance expenses. This property is suitable for commercial real estate, medical office space, office, storefront, and retail purposes.
Key Highlights
- High‑traffic location on US Hwy‑1 with 25,000+ daily drivers, providing excellent visibility.
- Fully leased to an established medical practice with a 6.5% CAP rate, ensuring stable income.
- Proximity to Sebastian River Medical Center, ideal for healthcare‑related businesses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,213
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,260
$724.3K
Cap Rate 7%
$517,329
$517.3K
Cap Rate 9%
$402,367
$402.4K
Market Conditions
NOI Build-Up for 2,676 SF
Gross rent
$67.4K $25.20/SF
− Vacancy
−$7.1K −$2.65/SF
EGI
$60.4K $22.55/SF
− OpEx
−$24.1K −$9.02/SF
NOI
$36.2K $13.53/SF
Area
Indian River County, FL
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,260
Cap Rate 7%
$517,329
Cap Rate 9%
$402,367
Alternative Uses
Best Use
Healthcare Medical
$517.3K
$452.7K – $603.6K
NOI $36,213 @ 7.0% cap · market cap 4.96%
Second Best
Office B
$409.1K
$358.0K – $477.3K
NOI $28,636 @ 7.0% cap · market cap 3.92%
Theoretical Best
Specialty Retail
$586.9K
$513.5K – $684.7K
NOI $41,080 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32958, FL
28,619
Population
15,512
Households
1.8
Avg Household Size
58
Median Age
29%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
1,026
Density / Sq Mi
$68,276
Median Household Income
$37,412
Median Earnings
$1,388
Median Rent
$279,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 2,676 SF medical office building in high-traffic location.
Where is this medical office space located?
The property is located at 14445 US-1 Sebastian, FL.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: High‑traffic location on US Hwy‑1 with 25,000+ daily drivers, providing excellent visibility.; Fully leased to an established medical practice with a 6.5% CAP rate, ensuring stable income.; Proximity to Sebastian River Medical Center, ideal for healthcare‑related businesses.
