Tavares Office Buildings For
915 E ALFRED STREET, Tavares, FL 32778
Two office buildings with development potential in Tavares, Florida.
Type:Commercial
Property size:
5,124 SFLot size:
1.25 AcresPrice / SF:
$253/SF- Added:
- Oct 31, 2025
- Days on Market:
- 250
- Last Refresh:
- Jul 3 at 5:54 am
Property Features for 915 E ALFRED STREET
General Information
- Standard status
- Active
- Size
- 5,124 SF
- Lot size
- 1.25 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1983
Listing office EXIT REALTY TRI-COUNTY (352) 385-3948
Listing date Oct 31, 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 EXIT REALTY TRI-COUNTY
HighLights
- High‑visibility location on E Alfred Street in the heart of Tavares' growing business district.
- Two buildings totaling over 5,100 sq ft: one suitable for owner‑occupancy (e.g., medical/wellness) and one with six individual rental suites.
- Potential for rental income from the six individual office suites.
- Large paved parking lot for staff and visitors.
- Adjacent buildable lot offering room for future expansion or development.
- Two street‑front marquees for maximum exposure.
Overview
This commercial property in Tavares, Florida, features two professional office buildings totaling over 5,100 square feet. The property offers visibility and frontage on E Alfred Street. The first building, approximately 2,940 square feet, currently houses a chiropractic office with a reception and waiting area, multiple exam and treatment rooms, private offices, and restrooms. This building is suitable for medical, wellness, or other professional uses. The second building, approximately 2,184 square feet, is divided into six individual office suites, each with its own entry, making it suitable for rental income or a multi-tenant professional setup. The property includes a large paved parking lot and a spacious adjacent buildable lot, offering room for future expansion or additional development. Two street-front marquees provide exposure. Located in the growing business district of Tavares, the property is close to government offices, medical centers, and major thoroughfares. This property is suitable for an owner-occupant or investor seeking a commercial site with room to grow.
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 | $123.0k | $24.00 |
| − Vacancy | −$20.9k | −$4.08 |
| EGI | $102.1k | $19.92 |
| − OpEx | −$25.5k | −$4.98 |
| NOI | $76.6k | $14.94 |
5,124 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.09M
$956.9K – $1.28M
NOI $76,553 @ 7.0% cap · market cap 5.89%
Second Best
Healthcare Medical
$1.04M
$913.1K – $1.22M
NOI $73,048 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,070 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Times of Refreshing
Alternative Medicine Practice
Tavares Health and Wellness ...
Gym & Fitness Center
David Frerking
Alternative Medicine Practice
Similar Places Nearby
- Misfit Clinic — 220 N Rockingham Ave, Tavares, FL 32778
- Tavares Animal Hospital: Rimensberger R Reid DVM — 418 E Alfred St, Tavares, FL 32778
- Tavares Animal Hospital: Thompson Celia W DVM — 418 E Alfred St, Tavares, FL 32778
- Dr. Casandra Budd — 418 E Alfred St, Tavares, FL 32778
- Fixing vet of taveras — Tavares, FL 32778
Location Insight
- Map
- Local Demand
- City
- Tavares
- County
- Lake
- State
- Florida
- Longitude
- -81.7181
- Latitude
- 28.8042
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Two office buildings with development potential in Tavares, Florida.
Where is this medical office space located?
The property is located at 915 E ALFRED STREET Tavares, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: High‑visibility location on E Alfred Street in the heart of Tavares' growing business district.; Two buildings totaling over 5,100 sq ft: **one suitable for owner‑occupancy** (e.g., medical/wellness) and one with six individual rental suites.; Potential for rental income from the six individual office suites.
