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Medical Office Condo in Debary
For Sale
$450,000

2836 ENTERPRISE Rd 1, Debary, FL 32713

2,001 SF medical office condo in Debary's medical corridor.

Property Size2,001 SF
Price / SF$224.89
Days on Market101

Property Features for 2836 ENTERPRISE Rd 1

General Information

Standard status Active
Size 2,001 SF
Property subtype Commercial

Building Details

Year Built 2002
Listing Agency: RE/MAX 200 Realty
Listed By: Gary Berkson · License #348697
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 5:35AM

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 RE/MAX 200 Realty

Investment Insights

Based on property information with market context.

This 2,001 SF medical office condominium is located in the heart of Debary's professional and medical corridor. The suite features a spacious reception and waiting area, an administrative office, a business office, a storage/file room, and 3 exam rooms. The property offers street signage along Enterprise Road, providing visibility and patient access. The location is near major roadways, residential communities, and surrounding medical and professional offices. This location benefits from growing demand for healthcare services in the DeBary and Southwest Volusia market.

Key Highlights

  • Prime location in the heart of Debary's medical corridor.
  • Priced at recent appraisal.
  • Turnkey medical office layout featuring a reception area, admin office, 3 exam rooms, and storage.

Financial Insights For Office B

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 $43.2k $21.60
− Vacancy −$3.2k −$1.62
EGI $40.0k $19.98
− OpEx −$10.0k −$5.00
NOI $30.0k $14.99
2,001 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$428.4K
$374.8K – $499.8K (±1% cap)
NOI $29,985 @ 7.0% cap · market cap 6.66%
Second Best
Healthcare Medical
$415.9K
$363.9K – $485.2K (±1% cap)
NOI $29,110 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$590.0K
$516.3K – $688.4K (±1% cap)
NOI $41,301 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service Storage Facility Garden Center Auto Parts Store Law Firm Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,058
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32713, FL

22,438
Population
10,013
Households
2.2
Avg Household Size
50
Median Age
31%
College-Educated
95%
High-School Grad
19.1 sq mi
ZIP Area
1,175
Density / Sq Mi
$87,354
Median Household Income
$51,733
Median Earnings
$1,479
Median Rent
$306,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • AA Animal Clinic — 2899 Enterprise Rd, DeBary, FL 32713

Frequently Asked Questions

What type of property is this?
Medical Office Space - 2,001 SF medical office condo in Debary's medical corridor.
Where is this medical office space located?
The property is located at 2836 ENTERPRISE Rd 1 Debary, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime location in the heart of Debary's medical corridor.; Priced at recent appraisal.; Turnkey medical office layout featuring a reception area, admin office, 3 exam rooms, and storage.
More about this property
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