Medical Office Near Lawnwood
For Sale
$625,000
1900 Nebraska Avenue 12, Fort Pierce, FL 34950
2,100 sq ft medical office near Lawnwood Medical Center.
Property Size2,100 SF
Price / SF$297.62
Days on Market149
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 Realty | Coral Gables
(772) 201-5902
Listed By:
Thomas Rouse · License #3444171
(772) 201-5902
Source:
Cbcworldwide
Added: Mar 5
Changed: Jul 6
Last Checked: Aug 1 at 2:13AM
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 Realty | Coral Gables
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.
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34950, FL
16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
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 - 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.
