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Medical Office Suite with Exam Rooms
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449621 US HIGHWAY 301, Callahan, FL 32011

Second-floor space offers elevator access, a dedicated reception area, and shared parking.

Property Size1,504 SF
Price / SF$2.26
Days on Market276

Property Features for 449621 US HIGHWAY 301

General Information

Standard status Active
Size 1,504 SF
Elevators Yes
Property subtype Other

Space & Availability

Floor 2
Condition Turnkey

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Property Use Medical/Office

Amenities

large waiting area
private reception area
ADA-compliant restrooms
large shared parking lot
lots of natural light
Listing Agency: AMELIA COASTAL REALTY LLC
Listed By: Sal Grimaldi
Source: Atlanticsaltrealty
Added: Jan 28 Changed: Oct 30 Last Checked: Oct 30 at 2:18PM

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 AMELIA COASTAL REALTY LLC

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Investment Insights

Based on property information with market context.

This 1,504-square-foot medical office suite occupies the second floor of a newly built property. Its layout includes a large waiting area, private reception space, seven office or exam rooms, and two ADA-compliant restrooms. Natural light enters the suite, and an elevator serves the floor.

The property is located on US Highway 301 in Callahan, Florida. A large shared parking lot serves the building.

Key Highlights

  • 1,504 square feet on the second floor
  • Seven office or exam rooms and two ADA‑compliant restrooms
  • Large waiting area and private reception area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,012
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,240 $400.2K
Cap Rate 7%
$285,886 $285.9K
Cap Rate 9%
$222,356 $222.4K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$37.9K $25.20/SF
− Vacancy
−$4.5K −$3.02/SF
EGI
$33.4K $22.18/SF
− OpEx
−$13.3K −$8.87/SF
NOI
$20.0K $13.31/SF
Area
Nassau County, FL
Vacancy
12.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,240
Cap Rate 7%
$285,886
Cap Rate 9%
$222,356

Alternative Uses

Best Use
Office B
$300.9K
$263.3K – $351.0K (±1% cap)
NOI $21,062 @ 7.0% cap · market cap 619.47%
Second Best
Healthcare Medical
$285.9K
$250.2K – $333.5K (±1% cap)
NOI $20,012 @ 7.0% cap · market cap 588.59%
Theoretical Best
Office A
$401.2K
$351.0K – $468.1K (±1% cap)
NOI $28,083 @ 7.0% cap · market cap 825.97%
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

Medical Office Space

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Florist Accounting Firm Skin Care Clinic

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32011, FL

15,678
Population
6,298
Households
2.5
Avg Household Size
41
Median Age
13%
College-Educated
84%
High-School Grad
168.5 sq mi
ZIP Area
93
Density / Sq Mi
$77,121
Median Household Income
$45,345
Median Earnings
$1,000
Median Rent
$234,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Callahan Animal Hospital — 541990 US-1, Callahan, FL 32011
  • Full Circle Animal Hospital — 450119 FL-200, Callahan, FL 32011

Frequently Asked Questions

What type of property is this?
Medical Office Space - Second-floor space offers elevator access, a dedicated reception area, and shared parking.
Where is this medical office space located?
The property is located at 449621 US HIGHWAY 301 Callahan, FL.
What are key features of this property?
This property features: 1,504 square feet on the second floor; Seven office or exam rooms and two ADA‑compliant restrooms; Large waiting area and private reception area
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Includes: Price & PSF · Cap rate · Location · Zoning

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