Free Standing Pediatric
103 BIRCH AVENUE Orange City, FL 32763
For Sale
$299,000
1300 SF building with a separate back building for sale.
Property Size1,300 SF
Lot Size0.32 Acres
Price / SF$230
Days on Market693
Property Features for 103 BIRCH AVENUE
General Information
Standard status
Active
Size
1,300 SF
Lot size
0.32 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1952
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
(386) 852-7932
Listed By:
Daniel Lyonnais · License #3196672
(386) 852-7932
Source:
Exitrealty
Added: Sep 4, 2024
Changed: Jul 6
Last Checked: Jul 27 at 3:21AM
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 ADAMS, CAMERON & CO., REALTORS
Investment Insights
Based on property information with market context.
A free-standing, 1300-square-foot building, formerly a pediatric office, is available for sale. The property includes an additional separate building located in the back. The property is suitable for many uses. Some exterior improvements are needed.
Key Highlights
- Free standing building
- Separate building in the back
- Priced to sell
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 | $28.1k | $21.60 |
| − Vacancy | −$2.1k | −$1.62 |
| EGI | $26.0k | $19.98 |
| − OpEx | −$6.5k | −$5.00 |
| NOI | $19.5k | $14.99 |
1,300 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$278.3K
$243.5K – $324.7K
NOI $19,481 @ 7.0% cap · market cap 6.52%
Second Best
Healthcare Medical
$270.2K
$236.4K – $315.2K
NOI $18,912 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$383.3K
$335.4K – $447.2K
NOI $26,832 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - 1300 SF building with a separate back building for sale.
Where is this medical office space located?
The property is located at 103 BIRCH AVENUE Orange City, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Free standing building; Separate building in the back; Priced to sell
