Medical Office Space
For Sale
$750,000
2300 SE 17th Street Unit 1100, Ocala, FL 34471
High-visibility medical office space with treatment rooms and storage.
Property Size4,256 SF
Price / SF$176.22
Days on Market896
Property Features for 2300 SE 17th Street Unit 1100
General Information
Standard status
Active
Size
4,256 SF
Property subtype
Commercial
Building Details
Year Built
1994
Listing Agency:
ROBERTS REAL ESTATE INC
Listed By:
John Roberts · License #3329338
(352) 816-7026
Source:
Realtygroupfl
Added: May 2, 2024
Changed: Oct 13
Last Checked: Oct 12 at 8:39PM
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 ROBERTS REAL ESTATE INC
Investment Insights
Based on property information with market context.
This 4,256 square foot commercial property is currently configured for medical use, offering high-visibility office space. The layout includes 11 treatment rooms, 2 offices, an X-ray room, and a break room. The property also features ample storage space. Its location offers convenient accessibility. The property's current medical configuration presents possibilities for continued use in the healthcare sector.
Key Highlights
- High‑visibility office space ideal for medical use
- Features 11 Treatment Rooms
- Convenient and accessible location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,737
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,014,740
$1.0M
Cap Rate 7%
$724,814
$724.8K
Cap Rate 9%
$563,744
$563.7K
Market Conditions
NOI Build-Up for 4,256 SF
Gross rent
$94.5K $22.20/SF
− Vacancy
−$9.9K −$2.33/SF
EGI
$84.6K $19.87/SF
− OpEx
−$33.8K −$7.95/SF
NOI
$50.7K $11.92/SF
Area
Marion County, FL
Vacancy
10.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,014,740
Cap Rate 7%
$724,814
Cap Rate 9%
$563,744
Alternative Uses
Best Use
Office B
$1.57M
$1.38M – $1.83M
NOI $110,060 @ 7.0% cap · market cap 14.67%
Second Best
Healthcare Medical
$724.8K
$634.2K – $845.6K
NOI $50,737 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,687 @ 7.0% cap · market cap 21.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
908
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - High-visibility medical office space with treatment rooms and storage.
Where is this medical office space located?
The property is located at 2300 SE 17th Street Unit 1100 Ocala, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: High‑visibility office space ideal for medical use; Features **11 Treatment Rooms**; Convenient and accessible location
