Medical Office Condo in
2836 ENTERPRISE Rd 1 Debary, FL 32713
For Sale
$450,000
2,001 SF medical office condo in Debary's medical corridor.
Property Size2,001 SF
Price / SF$224.89
Days on Market96
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
(407) 920-0206
Listed By:
Gary Berkson · License #348697
(407) 920-0206
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 5:44AM
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
NOI $29,985 @ 7.0% cap · market cap 6.66%
Second Best
Healthcare Medical
$415.9K
$363.9K – $485.2K
NOI $29,110 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$590.0K
$516.3K – $688.4K
NOI $41,301 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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.
