Medical Office Space with
For Sale
$2,799,900
2221 NORTH BLVD W, Davenport, FL 33837
The existing layout serves medical and professional office users, with established occupants in place.
Property Size7,600 SF
Price / SF$368.41
Days on Market67
Property Features for 2221 NORTH BLVD W
General Information
Standard status
Active
Size
7,600 SF
Property subtype
Medical Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Tenant in Place
Yes
Property Use
Medical Office
Medical Specialty
OB/GYN
Taxes and HOA fees
Annual Taxes
$20,401
Building Details
Building Size
7,600 SF
Year Built
2002
Tenancy
Multi
Listing Agency:
LPT REALTY, LLC
Listed By:
Daniel McIntee · License #3385913
(877) 366-2213
Source:
Burninghamrealty
Added: Aug 27
Changed: Oct 27
Last Checked: Oct 31 at 4:20AM
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 LPT REALTY, LLC
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Investment Insights
Based on property information with market context.
This 7,600-square-foot medical office property was built in 2002 and has established tenants, including an OB/GYN practice. Its current configuration supports medical and professional office use, with flexibility for healthcare providers and other professional services.
The property is on North Boulevard W near US-17/92. Downtown Davenport, Haines City, Posner Park, I-4, and US-27 are identified as accessible from the site. Residential communities, shopping, dining, medical services, and other businesses are also within convenient reach.
The property is on North Boulevard W near US-17/92. Downtown Davenport, Haines City, Posner Park, I-4, and US-27 are identified as accessible from the site. Residential communities, shopping, dining, medical services, and other businesses are also within convenient reach.
Key Highlights
- 7,600‑square‑foot medical and professional office property
- Built in 2002
- Established tenants include an OB/GYN practice
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,500
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,910,000
$1.9M
Cap Rate 7%
$1,364,286
$1.4M
Cap Rate 9%
$1,061,111
$1.1M
Market Conditions
NOI Build-Up for 7,600 SF
Gross rent
$177.8K $23.40/SF
− Vacancy
−$18.7K −$2.46/SF
EGI
$159.2K $20.94/SF
− OpEx
−$63.7K −$8.38/SF
NOI
$95.5K $12.57/SF
Area
Polk County, FL
Vacancy
10.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,910,000
Cap Rate 7%
$1,364,286
Cap Rate 9%
$1,061,111
Alternative Uses
Best Use
Healthcare Medical
$1.36M
$1.19M – $1.59M
NOI $95,500 @ 7.0% cap · market cap 3.41%
Second Best
Office B
$1.33M
$1.17M – $1.56M
NOI $93,366 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,844 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33837, FL
36,302
Population
19,082
Households
1.9
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
51.3 sq mi
ZIP Area
708
Density / Sq Mi
$75,861
Median Household Income
$39,246
Median Earnings
$1,739
Median Rent
$297,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- St Charles Veterinary Hospital — 2360 North Blvd W, Davenport, FL 33837
Frequently Asked Questions
What type of property is this?
Medical Office Space - The existing layout serves medical and professional office users, with established occupants in place.
Where is this medical office space located?
The property is located at 2221 NORTH BLVD W Davenport, FL.
What is the asking price?
The asking price for this property is $2,799,900.
What are key features of this property?
This property features: 7,600‑square‑foot medical and professional office property; Built in 2002; Established tenants include an OB/GYN practice
