Two-Story Office Building with
For Sale
$1,100,000
7044 COMMERCIAL Way, Weeki Wachee, FL 34613
SINGLE_FAMILY - WEEKI WACHEE, FL
Property Size3,600 SF
Lot Size0.60 Acres
Price / SF$305.56
Days on Market540
Property Features for 7044 COMMERCIAL Way
General Information
Property type
Residential
Property subtype
Office
Appliances
Refrigerator
Subdivision
COMMERCIAL HIGHLANDS US 19
Directions
From US 19 and Cortez Blvd, go north on US 19. Building is on the right. Look for the only 2-story building.
Standard status
Active
APN
R35-222-17-1564-0000-A370
Size
3,600 SF
Lot size
0.60 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
COMMERCIAL HIGHLANDS US 19 UNREC LOTS A-37 & A-38
Tax Annual Amount
7917
Legal Description
COMMERCIAL HIGHLANDS US 19 UNREC LOTS A-37 & A-38
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2008
Floors in Building
2
Building materials
Concrete
Listing Agency:
HOME LAND REAL ESTATE INC
(352) 556-0909
Listed By:
Kimberly Pye, PA · License #3315876
(352) 279-1150
Added: Feb 7, 2025
Changed: Jul 31
Last Checked: Aug 1 at 2:06AM
MLS# W7872158
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Large two-story office building for sale directly on US 19/Commercial Way just north of Hwy 50/Cortez Blvd. Built in 2008, the property totals 3,600 square feet and sits on a 0.6-acre lot. The building includes a lobby with waiting room, 5+ exam rooms, multiple large rooms and offices, a conference room, several storage rooms, and two staircases. Elevator service supports the upstairs office space, which includes a full bathroom, kitchen, and additional bathrooms. Interior amenities include central heating and central air, a refrigerator, and ADA compliant design. Fire sprinkler system is in place.
The site has 9 parking spaces, with the ability to add more to the rear of the building, and includes large signage/marquee on US 19. It is described as located in an X Zone with no flood zone designation. Zoning is PDP(GC). Public water and a septic tank sewer system are listed, along with a 25,700 AADT.
Positioned in a rapidly growing area, the building is set up to function as an office space for multiple professional and medical-oriented uses, including the currently configured orthopedic animal clinic layout.
The site has 9 parking spaces, with the ability to add more to the rear of the building, and includes large signage/marquee on US 19. It is described as located in an X Zone with no flood zone designation. Zoning is PDP(GC). Public water and a septic tank sewer system are listed, along with a 25,700 AADT.
Positioned in a rapidly growing area, the building is set up to function as an office space for multiple professional and medical-oriented uses, including the currently configured orthopedic animal clinic layout.
Key Highlights
- 3,600 SF two‑story office building built in 2008 on a 0.6‑acre lot
- 5+ exam rooms plus multiple large rooms and offices, lobby with waiting room
- Elevator, two staircases, and upstairs office space with full bathroom
Financial Insights For Healthcare Medical
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 | $60.5k | $16.80 |
| − Vacancy | −$5.1k | −$1.43 |
| EGI | $55.3k | $15.37 |
| − OpEx | −$22.1k | −$6.15 |
| NOI | $33.2k | $9.22 |
3,600 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$474.3K
$415.1K – $553.4K
NOI $33,204 @ 7.0% cap · market cap 3.02%
Second Best
Office B
$347.1K
$303.7K – $404.9K
NOI $24,294 @ 7.0% cap · market cap 2.21%
Theoretical Best
Office A
$820.1K
$717.6K – $956.7K
NOI $57,404 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
Demographics for 34613, FL
18,869
Population
10,532
Households
1.8
Avg Household Size
61
Median Age
21%
College-Educated
92%
High-School Grad
37.2 sq mi
ZIP Area
507
Density / Sq Mi
$56,175
Median Household Income
$36,815
Median Earnings
$1,108
Median Rent
$181,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with elevator access, ADA compliant features, and PDP(GC) zoning for a range of professional uses.
Where is this office building located?
The property is located at 7044 COMMERCIAL Way Weeki Wachee, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,600 SF two‑story office building built in 2008 on a 0.6‑acre lot; 5+ exam rooms plus multiple large rooms and offices, lobby with waiting room; Elevator, two staircases, and upstairs office space with full bathroom
