Medical Office Building with Five Exam
For Sale
Contact for pricing
18635 NW US Hwy 441, High Springs, FL 32643
Historic medical office on a C-3 zoned 0.61-acre lot with five exam rooms, reception, and waiting area.
Property Size2,212 SF
Lot Size0.61 Acres
Price / SF$164.56
Days on Market487
Property Features for 18635 NW US Hwy 441
General Information
Standard status
Active
Size
2,212 SF
Lot size
0.61 Acres
Property subtype
OFFICE
Zoning
C-3
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
outdoor storage
attached breakroom
Building Details
Buildings
1
Listing Agency:
Bosshardt Realty Services
(352) 256-2112
Listed By:
Eric Ligman · License #3086548
(352) 256-2112
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Jul 29
Last Checked: Jul 30 at 9:07AM
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 Bosshardt Realty Services
Investment Insights
Based on property information with market context.
Historic medical office building on US Hwy 441 in High Springs, Florida, designed for clinical use. The interior includes five well-equipped medical exam rooms, two administrative offices, a reception area, and a waiting room.
The property sits on a 0.61-acre lot and is zoned C-3. Outdoor storage is available, and the building includes an attached breakroom. Parcel A includes a 0.44-acre building site (Parcel #00481-001-000) and Parcel B includes a 0.17-acre vacant parcel (Parcel #00481-000-000).
The property sits on a 0.61-acre lot and is zoned C-3. Outdoor storage is available, and the building includes an attached breakroom. Parcel A includes a 0.44-acre building site (Parcel #00481-001-000) and Parcel B includes a 0.17-acre vacant parcel (Parcel #00481-000-000).
Key Highlights
- Five medical exam rooms plus reception and waiting room
- C‑3 zoning
- 0.61‑acre lot with Parcel A 0.44 acres and Parcel B 0.17 acres
Financial Insights For Healthcare Medical
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 | $50.4k | $22.80 |
| − Vacancy | −$4.0k | −$1.82 |
| EGI | $46.4k | $20.98 |
| − OpEx | −$18.6k | −$8.39 |
| NOI | $27.8k | $12.59 |
2,212 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$397.7K
$348.0K – $464.0K
NOI $27,839 @ 7.0% cap · market cap 7.65%
Second Best
Office B
$394.2K
$344.9K – $459.9K
NOI $27,592 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$557.7K
$488.0K – $650.6K
NOI $39,036 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32643, FL
12,549
Population
4,487
Households
2.8
Avg Household Size
44
Median Age
25%
College-Educated
90%
High-School Grad
112.1 sq mi
ZIP Area
112
Density / Sq Mi
$69,871
Median Household Income
$40,458
Median Earnings
$1,515
Median Rent
$254,900
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 - Historic medical office on a C-3 zoned 0.61-acre lot with five exam rooms, reception, and waiting area.
Where is this medical office space located?
The property is located at 18635 NW US Hwy 441 High Springs, FL.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Five medical exam rooms plus reception and waiting room; C‑3 zoning; 0.61‑acre lot with Parcel A 0.44 acres and Parcel B 0.17 acres
