Medical Office Suite with
816 US-1 Sebastian, FL 32958
816 US-1, Sebastian, FL, 32958
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For Sale
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Office suite includes exam rooms, multiple offices, break room, restrooms, and upstairs storage, plus 14 paved parking spaces.
Property Size1,800 SF
Price / SF$441.67
Days on Market140
Property Features for 816 US-1
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing agency
The Ullian Realty Corporation
Listed by
Zach Ullian
Source
Crexi
Added: Mar 4 Updated: Jul 21 at 3:38PM Checked: Jul 21 at 3:38PM
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 The Ullian Realty Corporation
Investment Insights
Based on property information with market context.
Medical office suite configured with a reception and waiting room, two plumbed exam rooms, three offices, a break room, and three restrooms (one includes a shower). Interior finishes include drop ceilings and a mix of carpet, tile, and vinyl flooring. Remaining FF&E is included, and the space also offers bonus upstairs storage of approximately 450 SF.
The property is positioned directly on US-1, with an estimated traffic count of 22,000 VPD. Parking is provided with 14 asphalt paved, striped, illuminated spaces. Notable improvements reported include a roof from 2022, HVAC condenser from 2024, exterior paint from 2025, and irrigation from 2025, along with septic that was pumped in 2024. Utilities include water, septic, and FPL electric.
With its established medical-ready layout and on-site parking, the suite is well suited for a user seeking a functional office configuration and ready-to-occupy interior elements.
The property is positioned directly on US-1, with an estimated traffic count of 22,000 VPD. Parking is provided with 14 asphalt paved, striped, illuminated spaces. Notable improvements reported include a roof from 2022, HVAC condenser from 2024, exterior paint from 2025, and irrigation from 2025, along with septic that was pumped in 2024. Utilities include water, septic, and FPL electric.
With its established medical-ready layout and on-site parking, the suite is well suited for a user seeking a functional office configuration and ready-to-occupy interior elements.
Key Highlights
- Office/medical suite built in 1982 with reception/waiting room, 2 plumbed exam rooms, 3 offices, and a break room
- Includes 3 restrooms, including 1 with a shower, plus bonus upstairs storage of approx. 450 SF
- Remaining FF&E included; drop ceiling throughout with a mix of carpet, tile, and vinyl flooring
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 | $38.9k | $21.60 |
| − Vacancy | −$6.2k | −$3.46 |
| EGI | $32.7k | $18.14 |
| − OpEx | −$8.2k | −$4.54 |
| NOI | $24.5k | $13.61 |
1,800 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$349.9K
$306.2K – $408.2K
NOI $24,494 @ 7.0% cap · market cap 3.08%
Second Best
Healthcare Medical
$323.6K
$283.2K – $377.6K
NOI $22,654 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$474.9K
$415.5K – $554.0K
NOI $33,242 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
Medical Office Space - Office suite includes exam rooms, multiple offices, break room, restrooms, and upstairs storage, plus 14 paved parking spaces.
Where is this medical office space located?
The property is located at 816 US-1 Sebastian, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Office/medical suite built in 1982 with reception/waiting room, 2 plumbed exam rooms, 3 offices, and a break room; Includes 3 restrooms, including 1 with a shower, plus bonus upstairs storage of approx. 450 SF; Remaining FF&E included; drop ceiling throughout with a mix of carpet, tile, and vinyl flooring
