Two-Suite Medical Office
19439 Shumard Oak Dr Land O Lakes, FL 34638
19439 Shumard Oak Dr, Land O Lakes, FL, 34638
Contact for pricing
For Sale
Contact for pricing
Pending
Two separate office suites with existing medical buildout and plumbing offer flexibility for professional or medical users.
Property Size3,000 SF
Days on Market51
Property Features for 19439 Shumard Oak Dr
General Information
- Standard status
- Pending
- Size
- 3,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing agency
Berkshire Hathaway HomeServices Florida Properties Group
Listed by
Kristy Marcelle · License #FL SL3267955
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 6:14AM
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 Berkshire Hathaway HomeServices Florida Properties Group
Investment Insights
Based on property information with market context.
This two-suite professional/medical office building totals approximately 3,000 square feet and is divided into two approximately 1,500 SF suites, creating a practical setup for either an owner-user or a buyer seeking to occupy one suite and lease the other. Suite 101 includes a medical office buildout with plumbing, counters, sinks, and a consultation-room layout. Suite 102 is designed for general professional office use and includes plumbing in the walls, offering potential future flexibility for qualifying uses subject to buyer verification and applicable requirements.
The property is located near the SR 54 corridor in Land O’ Lakes, Florida, where it benefits from convenient access and an established mix of nearby residential growth supporting demand for professional and medical office space.
For tenants, this layout can support a range of office-based operations, including medical, wellness, therapy, and other professional services such as legal, accounting, insurance, mortgage, real estate, and administrative uses. For buyers, the two-suite configuration provides straightforward options to customize occupancy, including keeping the medical-ready suite in place while tailoring the second suite to the needs of a specific professional user, subject to required approvals and verification.
The property is located near the SR 54 corridor in Land O’ Lakes, Florida, where it benefits from convenient access and an established mix of nearby residential growth supporting demand for professional and medical office space.
For tenants, this layout can support a range of office-based operations, including medical, wellness, therapy, and other professional services such as legal, accounting, insurance, mortgage, real estate, and administrative uses. For buyers, the two-suite configuration provides straightforward options to customize occupancy, including keeping the medical-ready suite in place while tailoring the second suite to the needs of a specific professional user, subject to required approvals and verification.
Key Highlights
- Two‑suite professional/medical office building built in 2008
- Approximately 3,000 SF total, split into two approximately 1,500 SF suites
- Suite 101 includes medical office buildout with plumbing, counters, sinks, and consultation‑room layout
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 | $50.4k | $16.80 |
| − Vacancy | −$4.3k | −$1.43 |
| EGI | $46.1k | $15.37 |
| − OpEx | −$18.4k | −$6.15 |
| NOI | $27.7k | $9.22 |
3,000 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$395.3K
$345.9K – $461.2K
NOI $27,670 @ 7.0% cap · market cap 2.99%
Second Best
Office B
$289.2K
$253.1K – $337.4K
NOI $20,245 @ 7.0% cap · market cap 2.19%
Theoretical Best
Office A
$683.4K
$598.0K – $797.3K
NOI $47,837 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Patricia L. Ferrari
Law Firm
Thrivent Financial Lutherans
Insurance Agency
Stephen A Switlyk Pllc
Physician
TOWARDS STABILITY COUNSELING
Counselor
Nurse On Call Inc
Home Health Care Service
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FAQs
What type of property is this?
Office units - Two separate office suites with existing medical buildout and plumbing offer flexibility for professional or medical users.
Where is this office units located?
The property is located at 19439 Shumard Oak Dr Land O Lakes, FL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two‑suite professional/medical office building built in 2008; Approximately 3,000 SF total, split into two approximately 1,500 SF suites; Suite 101 includes medical office buildout with plumbing, counters, sinks, and consultation‑room layout
