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    50-Bed Assisted Living Facility Title is generated by Realmo AI

    654 N ECONLOCKHATCHEE TRAIL, Orlando, FL 32825

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    For Sale
    $7,750,000

    Assisted Living Facility suitable for medical office retrofit.

    Type:Commercial
    Property size:
    39,541 SF
    Lot size:
    3.00 Acres
    Price / SF:
    $195/SF
    Added:
    Feb 19, 2025
    Days on Market:
    475
    Last Refresh:
    May 10 at 9:37 pm

    Property Features for 654 N ECONLOCKHATCHEE TRAIL

    General Information

    Standard status
    Active
    Size
    39,541 SF
    Lot size
    3.00 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2012

    We can help!

    Listing Contact
    ROBERT KIRKWOOD, IV

    Listing agent ROBERT KIRKWOOD, IV License #3376813

    Listing office MAVREALTY

    Listing date Feb 19, 2025

    Source Corcoran

    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 MAVREALTY

    HighLights

    • 50‑bed Assisted Living Facility (ALF) already in place.
    • Upgraded electrical and plumbing buildouts.
    • Potential retro‑fit to medical office use.
    • Convenient location across from Valencia College East.
    • Ideal opportunity for healthcare providers.
    • Additional parking can be added.

    Overview

    This property features a 50-bed Assisted Living Facility (ALF) with upgraded electrical and plumbing. The existing buildout allows for a possible retro-fit to a medical office use. The property is situated across from Valencia College East, offering an opportunity for healthcare providers and related businesses. Additional parking can be added to accommodate needed ratios. The property size is 39541 square feet.

    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 $949.0k $24.00
    − Vacancy −$161.3k −$4.08
    EGI $787.7k $19.92
    − OpEx −$196.9k −$4.98
    NOI $590.7k $14.94
    39,541 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $8.44M
    $7.38M – $9.85M (±1% cap)
    NOI $590,743 @ 7.0% cap · market cap 7.62%
    Second Best
    Healthcare Medical
    $8.42M
    $7.37M – $9.82M (±1% cap)
    NOI $589,319 @ 7.0% cap · market cap 7.60%
    Theoretical Best
    Specialty Retail
    $11.61M
    $10.16M – $13.55M (±1% cap)
    NOI $812,976 @ 7.0% cap · market cap 10.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elizabeth H. Campbell, ... Physician Dr. Ejaz Ghaffar, ... Physician Palm Garden of Orlando Rehabilitation Center Etsec Palm Gardens Garden Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Grand Palms Assisted Living & Memory Care — 600 N Econlockhatchee Trail, Orlando, FL 32825
    • Grand Palms Alf Operator — 600 n econlockhatchee trail, orlando, fl 32825
    • Golden Carriage Retirement Home — 926 meller way, orlando, fl 32825
    • Central Florida Group Homes — 9991 Gronau Ct, Orlando, FL 32825
    • Golden Carriage Retirement Home 1 Inc — 926 Meller Way, Orlando, FL 32825

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.2533
    Latitude
    28.5531

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    FAQs

    What type of property is this?
    Assisted living facility - Assisted Living Facility suitable for medical office retrofit.
    Where is this assisted living facility located?
    The property is located at 654 N ECONLOCKHATCHEE TRAIL Orlando, FL.
    What is the asking price?
    The asking price for this property is $7,750,000.
    What are key features of this property?
    This property features: 50‑bed Assisted Living Facility (ALF) already in place.; Upgraded electrical and plumbing buildouts.; Potential retro‑fit to medical office use.
    (727) 314-3942
    We can help!
    Listing Contact
    ROBERT KIRKWOOD, IV
    Real Estate License ID: 3376813
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