Medical Office in Summit
733 COUNTY RD 466 Lady Lake, FL 32159
733 COUNTY RD 466, Lady Lake, FL, 32159
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For Sale
Contact for pricing
4,020 SF medical office space in Lady Lake, FL.
Property Size4,020 SF
Price / SF$323.38
Days on Market56
Property Features for 733 COUNTY RD 466
General Information
- Standard status
- Active
- Size
- 4,020 SF
- Property subtype
- Office
Building Details
- Year Built
- 2009
Listing Agency
Akin Realty Company
(352) 266-7795
Listed by
Fran Akin · License #BK544440
Source
Crexi
Added: May 22 Checked: Jul 16 at 11:01 am
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 Akin Realty Company
Investment Insights
Based on property information with market context.
This 4,020 square foot medical office is located in Summit Medical Park in Lady Lake, Florida. The property features six exam rooms with sinks, two offices, a reception area, waiting room, break room, and three restrooms. The location benefits from its proximity to The Villages, an active adult retirement community, and the surrounding medical community. The property is also available for lease.
Key Highlights
- Prime location in the prestigious Summit Medical Park, Lady Lake, FL.
- Proximity to The Villages, creating high demand for medical services.
- Turnkey medical office space with 4,020 SF.
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 | $100.3k | $24.96 |
| − Vacancy | −$18.1k | −$4.49 |
| EGI | $82.3k | $20.47 |
| − OpEx | −$20.6k | −$5.12 |
| NOI | $61.7k | $15.35 |
4,020 SF · lease $24.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$881.6K
$771.4K – $1.03M
NOI $61,709 @ 7.0% cap · market cap 4.75%
Second Best
Healthcare Medical
$647.6K
$566.7K – $755.6K
NOI $45,334 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,561 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
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Similar Off Market Nearby
- Animal Clinic of Lady Lake — 414 Teague Trail, Lady Lake, FL 32159
FAQs
What type of property is this?
Medical Office Space - 4,020 SF medical office space in Lady Lake, FL.
Where is this medical office space located?
The property is located at 733 COUNTY RD 466 Lady Lake, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime location in the prestigious Summit Medical Park, Lady Lake, FL.; Proximity to The Villages, creating high demand for medical services.; Turnkey medical office space with 4,020 SF.
