Medical Office Near Lawnwood
1900 Nebraska Avenue 12 Fort Pierce, FL 34950
1900 Nebraska Avenue 12, Fort Pierce, FL, 34950
$625,000
For Sale
$625,000
2,100 sq ft medical office near Lawnwood Medical Center.
Property Size2,100 SF
Price / SF$297.62
Days on Market134
Property Features for 1900 Nebraska Avenue 12
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1983
Listing Agency
Coldwell Banker Paradise NHI/FTP/SHI/PSL
(772) 201-5902
Listed by
Thomas Rouse · License #3444171
(772) 201-5902
Source
Cbcworldwide
Added: Mar 5 Checked: Jul 17 at 2:20 am
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 Coldwell Banker Paradise NHI/FTP/SHI/PSL
Investment Insights
Based on property information with market context.
This is a 2,100 sq ft free-standing medical office building, ideally suited for a general practitioner or specialist. The property is located less than 500 feet from Lawnwood Medical Center, which features a Heart Institute, Level III Trauma Center, Stroke Center, and Level III Neonatal Intensive Care Unit. Lawnwood Medical Center has seen over $100 million in expansions in the last 3 years, with an additional $70 million in expansions currently underway. The building includes 3 exam rooms, 4 bathrooms (including a full bath with shower in the doctor's office), a waiting room, 2 offices, an employee break room, a doctor's break room, a reception office, workstations, and storage space. This property is located in Fort Pierce, FL.
Key Highlights
- Prime location: Less than 500 feet from Lawnwood Medical Center.
- Ideal for medical practice: Includes 3 exam rooms, waiting room, reception office, and workstations.
- Free standing 2,100 sq ft medical office building.
Local 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 | $52.9k | $25.20 |
| − Vacancy | −$5.6k | −$2.65 |
| EGI | $47.4k | $22.55 |
| − OpEx | −$18.9k | −$9.02 |
| NOI | $28.4k | $13.53 |
2,100 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$406.0K
$355.2K – $473.6K
NOI $28,418 @ 7.0% cap · market cap 4.55%
Second Best
Office B
$379.1K
$331.7K – $442.3K
NOI $26,536 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$528.1K
$462.1K – $616.1K
NOI $36,968 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Gina D. ...
Dental Office
Lawnwood Dental Care
Dental Office
Mc Knight Brian ...
Physician
Florida Heart Center
Medical Clinic
Prasad Chalasani MD
Physician
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FAQs
What type of property is this?
Medical Office Space - 2,100 sq ft medical office near Lawnwood Medical Center.
Where is this medical office space located?
The property is located at 1900 Nebraska Avenue 12 Fort Pierce, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Prime location: Less than 500 feet from Lawnwood Medical Center.; Ideal for medical practice: Includes 3 exam rooms, waiting room, reception office, and workstations.; Free standing 2,100 sq ft medical office building.
