Medical Office Building with Exam
309 Lagrande Boulevard Lady Lake, FL 32159
309 Lagrande Boulevard, Lady Lake, FL, 32159
$1,450,000
For Sale
$1,450,000
Medical office building with lobby, receptionist area, seven exam rooms, lab and shot room, plus an outdoor patio and parking.
Property Size3,552 SF
Price / SF$408.22
Days on Market95
Property Features for 309 Lagrande Boulevard
General Information
- Standard status
- Active
- Size
- 3,552 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2006
Listing agency
INVICTUS REAL ESTATE LLC
(352) 619-4466
Listed by
Jamie Blankenship · License #BK3015400
Source
Xome
Added: Apr 19 Updated: Jul 21 at 6:22PM Checked: Jul 21 at 6:22PM
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 INVICTUS REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This medical office building offers a practical clinical layout with a large lobby and receptionist area, seven exam rooms, a lab, a shot room, and two large physician offices. The space also includes a manager’s office, file space, a supply closet, and an outdoor patio, with on-site parking available.
The property has direct frontage on US Hwy 441 and overlooks a pond, providing waterfront views from the site. Golf cart accessibility is available via The Villages path system.
Also included is a separate lakefront vacant lot, which may be suitable for creating an outdoor amenity space or other branded outdoor area. The building is listed for medical or professional office use.
The property has direct frontage on US Hwy 441 and overlooks a pond, providing waterfront views from the site. Golf cart accessibility is available via The Villages path system.
Also included is a separate lakefront vacant lot, which may be suitable for creating an outdoor amenity space or other branded outdoor area. The building is listed for medical or professional office use.
Key Highlights
- Medical/professional office building built in 2006 with large lobby and receptionist area
- Includes 7 exam rooms plus a lab and a shot room (currently occupied by an allergist)
- Two large physician offices, managers office, and file space with supply closet
Local 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 | $88.7k | $24.96 |
| − Vacancy | −$16.0k | −$4.49 |
| EGI | $72.7k | $20.47 |
| − OpEx | −$18.2k | −$5.12 |
| NOI | $54.5k | $15.35 |
3,552 SF · lease $24.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$778.9K
$681.6K – $908.8K
NOI $54,525 @ 7.0% cap · market cap 3.76%
Second Best
Healthcare Medical
$572.2K
$500.7K – $667.6K
NOI $40,056 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.02M
$889.8K – $1.19M
NOI $71,182 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Thomas L. ...
Physician
Allergy Sinus & Asthma ...
Physician
Ed Neuzil
Physician
Levante Medical LLC
Medical Clinic
Francis Neuzil
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Village Pet Villas — 102 Lagrande Blvd, Lady Lake, FL 32159
- Faithful Companion Veterinary Services — 904 Avenida Central, Lady Lake, FL 32159
- Fox Raquel DVM — 311 Lagrande Blvd, Lady Lake, FL 32159
- Petco Vaccination Clinic — 600 US-441, The Villages, FL 32159
- Banfield Pet Hospital — 534 US-441, Lady Lake, FL 32159
FAQs
What type of property is this?
Medical Office Space - Medical office building with lobby, receptionist area, seven exam rooms, lab and shot room, plus an outdoor patio and parking.
Where is this medical office space located?
The property is located at 309 Lagrande Boulevard Lady Lake, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Medical/professional office building built in 2006 with large lobby and receptionist area; Includes 7 exam rooms plus a lab and a shot room (currently occupied by an allergist); Two large physician offices, managers office, and file space with supply closet
