Medical Office Ready For
749 Co Rd 466 Lady Lake, FL 32159
For Sale
Contact for pricing
Medical/Professional office space for sale in Lady Lake, Florida.
Property Size1,920 SF
Price / SF$311.98
Days on Market1419
Property Features for 749 Co Rd 466
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Office
Building Details
Year Built
2009
Listing Agency:
Grizzard Commercial Real Estate Group
(352) 396-9136
Listed By:
Dan Tatro · License #FL 3190991
Source:
Crexi
Added: Sep 9, 2022
Changed: Jul 10
Last Checked: Jul 28 at 6:34AM
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 Real Estate Group
Investment Insights
Based on property information with market context.
This 1,920 square foot medical/professional property, known as The Summit of Lady Lake, features 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. It has parking spaces and is located on County Road 466, a major east-west artery for medical, professional, and hospitality businesses in The Villages. It is located minutes from the hospital in The Villages and a short drive from 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 is suitable for professional use or investment.
Key Highlights
- Medical‑ready/Professional 1,920 SF property with existing layout including reception, exam rooms, executive office, lab, and break room.
- Located on CR 466, a major medical/professional 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 4.92%
Second Best
Healthcare Medical
$309.3K
$270.7K – $360.9K
NOI $21,652 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$549.7K
$481.0K – $641.3K
NOI $38,477 @ 7.0% cap · market cap 6.42%
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/Professional office space for sale in Lady Lake, Florida.
Where is this medical office space located?
The property is located at 749 Co Rd 466 Lady Lake, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Medical‑ready/Professional 1,920 SF property with existing layout including reception, exam rooms, executive office, lab, and break room.; Located on CR 466, a major medical/professional artery near The Villages.; Proximity to award‑winning hospital in The Villages and Leesburg Hospital - UF Health.
