Medical Office with Exam
For Sale
$1,300,000
733 County Road 466, Lady Lake, FL 32159
Configured for clinical operations with exam rooms, private offices, reception, and patient waiting space.
Property Size4,020 SF
Price / SF$323.38
Days on Market88
Property Features for 733 County Road 466
General Information
Standard status
Active
Size
4,020 SF
Building Details
Year Built
2009
Listing Agency:
AKIN REALTY COMPANY
Listed By:
Fran Dann-Akin · License #544440
(352) 804-2446
Source:
Chenoregroup
Added: Jul 20
Changed: Oct 13
Last Checked: Oct 7 at 3:57PM
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
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Investment Insights
Based on property information with market context.
This 4,020-square-foot medical office, built in 2009, is arranged for clinical and administrative functions. The layout includes six exam rooms, two offices, an open work area, a waiting room, reception area, and break room, providing a combination of patient-facing and staff workspace within one facility.
The property is located at 733 County Road 466 in Lady Lake, Florida, within Summit Medical Park. Its setting offers proximity to The Villages and places the office within a medical-focused commercial environment.
The property is located at 733 County Road 466 in Lady Lake, Florida, within Summit Medical Park. Its setting offers proximity to The Villages and places the office within a medical-focused commercial environment.
Key Highlights
- 4,020 SF medical office built in 2009
- Six exam rooms support patient care operations
- Two private offices plus a large open work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,059
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,180
$1.2M
Cap Rate 7%
$857,986
$858.0K
Cap Rate 9%
$667,322
$667.3K
Market Conditions
NOI Build-Up for 4,020 SF
Gross rent
$96.5K $24.00/SF
− Vacancy
−$16.4K −$4.08/SF
EGI
$80.1K $19.92/SF
− OpEx
−$20.0K −$4.98/SF
NOI
$60.1K $14.94/SF
Area
Lake County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,180
Cap Rate 7%
$857,986
Cap Rate 9%
$667,322
Alternative Uses
Best Use
Office B
$858.0K
$750.7K – $1.00M
NOI $60,059 @ 7.0% cap · market cap 4.62%
Second Best
Healthcare Medical
$818.7K
$716.4K – $955.2K
NOI $57,309 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,078 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32159, FL
30,455
Population
19,670
Households
1.5
Avg Household Size
69
Median Age
29%
College-Educated
95%
High-School Grad
30.2 sq mi
ZIP Area
1,008
Density / Sq Mi
$57,536
Median Household Income
$30,723
Median Earnings
$1,370
Median Rent
$272,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Animal Clinic of Lady Lake — 414 Teague Trail, Lady Lake, FL 32159
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured for clinical operations with exam rooms, private offices, reception, and patient waiting space.
Where is this medical office space located?
The property is located at 733 County Road 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: 4,020 SF medical office built in 2009; Six exam rooms support patient care operations; Two private offices plus a large open work area
