Medical/Professional Space in Lady
749 COUNTY ROAD 466 Lady Lake, FL 32159
For Sale
$619,000
Medical-ready/professional space with excellent synergy in a desirable location.
Property Size1,920 SF
Lot Size0.12 Acres
Price / SF$322.40
Days on Market1418
Property Features for 749 COUNTY ROAD 466
General Information
Standard status
Active
Size
1,920 SF
Lot size
0.12 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2009
Listing Agency:
GRIZZARD COMMERCIAL REALESTATE
(352) 396-9136
Listed By:
Daniel Tatro · License #3190991
(352) 396-9136
Source:
Exitrealty
Added: Sep 10, 2022
Changed: Jul 10
Last Checked: Jul 27 at 5:07AM
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 GRIZZARD COMMERCIAL REALESTATE
Investment Insights
Based on property information with market context.
This 1,920 square foot property is located in The Summit of Lady Lake. The space is designed as medical/professional space, featuring a spacious reception and waiting area, four office exam rooms with sinks, an executive office, a lab area, and a break room. The property is surrounded by medical and professional offices, offering synergy. There are many parking spaces available. The location is on County Road 466, a major artery for medical, professional, and hospitality businesses. It is located minutes from the hospital in The Villages and a short drive to the Leesburg Hospital - UF Health. Situated an hour's drive from Orlando, in an area known as one of the largest golf cart communities in the USA, this property presents a desirable professional location or investment opportunity.
Key Highlights
- Medical‑ready/Professional 1,920 SF property with spacious reception/waiting area and 4 office/exam rooms with sinks.
- Located on CR 466, a major medical/professional/hospitality artery near The Villages.
- Proximity to award‑winning hospital in The Villages and Leesburg Hospital - UF Health.
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 | $47.9k | $24.96 |
| − Vacancy | −$8.6k | −$4.49 |
| EGI | $39.3k | $20.47 |
| − OpEx | −$9.8k | −$5.12 |
| NOI | $29.5k | $15.35 |
1,920 SF · lease $24.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$421.0K
$368.4K – $491.2K
NOI $29,473 @ 7.0% cap · market cap 4.76%
Second Best
Healthcare Medical
$309.3K
$270.7K – $360.9K
NOI $21,652 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$549.7K
$481.0K – $641.3K
NOI $38,477 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 - Medical-ready/professional space with excellent synergy in a desirable location.
Where is this medical office space located?
The property is located at 749 COUNTY ROAD 466 Lady Lake, FL.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Medical‑ready/Professional 1,920 SF property with **spacious reception/waiting area and 4 office/exam rooms with sinks.**; Located on CR 466, a major medical/professional/hospitality artery near The Villages.; Proximity to award‑winning hospital in The Villages and Leesburg Hospital - UF Health.
