Cedar-Framed Office
7936 E Gulf to Lake Hwy Inverness, FL 34450
7936 E Gulf to Lake Hwy, Inverness, FL, 34450
Contact for pricing
For Sale
Contact for pricing
Turnkey office building with five offices, reception, and recent paint and flooring on a 0.38-acre parcel.
Property Size1,215 SF
Lot Size0.38 Acres
Price / SF$172.84
Days on Market173
Property Features for 7936 E Gulf to Lake Hwy
General Information
- Standard status
- Active
- Size
- 1,215 SF
- Lot size
- 0.38 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1979
Listing agency
Century 21 J W Morton Real Estate Inc
Listed by
Ryan Hazelton · License #SL3444292
Source
Crexi
Added: Jan 30 Updated: Jul 20 at 11:08PM Checked: Jul 21 at 2:43PM
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 Century 21 J W Morton Real Estate Inc
Investment Insights
Based on property information with market context.
Cedar-framed office building offering efficient use of space with five offices, a reception area, lobby, and restroom. Recent updates include new paint and flooring, supporting a turnkey setup for professional or service-oriented users.
The property is positioned for high visibility along S.R. 44, with access from both S. Tranquil Avenue and S. Canary Terrace. It sits on a 0.38-acre parcel and includes ample parking and maneuverability.
At approximately 1,215 SF, the interior layout supports a practical office configuration while maintaining straightforward arrival and onsite parking for employees and visitors.
The property is positioned for high visibility along S.R. 44, with access from both S. Tranquil Avenue and S. Canary Terrace. It sits on a 0.38-acre parcel and includes ample parking and maneuverability.
At approximately 1,215 SF, the interior layout supports a practical office configuration while maintaining straightforward arrival and onsite parking for employees and visitors.
Key Highlights
- Cedar‑framed office building built in 1979 on S.R. 44 with approx. 34,000 vehicles per day exposure
- Convenient access from both S. Tranquil Avenue and S. Canary Terrace
- 1,215 SF interior layout with five offices, reception area, lobby, and restroom
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 | $21.9k | $18.00 |
| − Vacancy | −$4.8k | −$3.96 |
| EGI | $17.1k | $14.04 |
| − OpEx | −$4.3k | −$3.51 |
| NOI | $12.8k | $10.53 |
1,215 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$182.8K
$159.9K – $213.2K
NOI $12,794 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$273.0K
$238.9K – $318.5K
NOI $19,111 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Loving Care In Home ...
Home Health Care Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Turnkey office building with five offices, reception, and recent paint and flooring on a 0.38-acre parcel.
Where is this office building located?
The property is located at 7936 E Gulf to Lake Hwy Inverness, FL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Cedar‑framed office building built in 1979 on S.R. 44 with approx. 34,000 vehicles per day exposure; Convenient access from both S. Tranquil Avenue and S. Canary Terrace; 1,215 SF interior layout with five offices, reception area, lobby, and restroom
