Medical Office with Treatment
For Sale
$750,000
1100-2300 Se 17th St, Ocala, FL 34471
Configured for medical use with treatment, office, imaging, storage, and break-room areas.
Property Size4,256 SF
Price / SF$176.22
Days on Market814
Property Features for 1100-2300 Se 17th St
General Information
Standard status
Active
Size
4,256 SF
Taxes and HOA fees
Annual Taxes
$10,455
Listing Agency:
ROBERTS REAL ESTATE INC
(352) 351-0011
Listed By:
John Roberts · License #3329338
(352) 816-7026
Source:
Exprealty
Added: Jul 23, 2024
Changed: Oct 14
Last Checked: Oct 12 at 10:13PM
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 ROBERTS REAL ESTATE INC
Investment Insights
Based on property information with market context.
This 4,256-square-foot medical office property is configured for an established healthcare operation, with 11 treatment rooms supporting patient care and workflow. The interior also includes 2 offices, an X-ray room, a break room, and substantial storage capacity.
The property is located at 1100-2300 SE 17th St in Ocala, Florida. Its existing medical layout provides a clear starting point for continued healthcare use, with dedicated rooms and support areas already incorporated into the space.
The property is located at 1100-2300 SE 17th St in Ocala, Florida. Its existing medical layout provides a clear starting point for continued healthcare use, with dedicated rooms and support areas already incorporated into the space.
Key Highlights
- 4,256‑square‑foot medical office property
- 11 treatment rooms
- 2 private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,737
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,014,740
$1.0M
Cap Rate 7%
$724,814
$724.8K
Cap Rate 9%
$563,744
$563.7K
Market Conditions
NOI Build-Up for 4,256 SF
Gross rent
$94.5K $22.20/SF
− Vacancy
−$9.9K −$2.33/SF
EGI
$84.6K $19.87/SF
− OpEx
−$33.8K −$7.95/SF
NOI
$50.7K $11.92/SF
Area
Marion County, FL
Vacancy
10.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,014,740
Cap Rate 7%
$724,814
Cap Rate 9%
$563,744
Alternative Uses
Best Use
Office B
$1.57M
$1.38M – $1.83M
NOI $110,060 @ 7.0% cap · market cap 14.67%
Second Best
Healthcare Medical
$724.8K
$634.2K – $845.6K
NOI $50,737 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,687 @ 7.0% cap · market cap 21.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,192
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured for medical use with treatment, office, imaging, storage, and break-room areas.
Where is this medical office space located?
The property is located at 1100-2300 Se 17th St Ocala, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,256‑square‑foot medical office property; 11 treatment rooms; 2 private offices
