Medical Office Ready For
For Sale
$599,000
749 County Road 466, Lady Lake, FL 32159
Medical/Professional office space for sale in Lady Lake, Florida.
Property Size1,920 SF
Price / SF$311.98
Days on Market196
Property Features for 749 County Road 466
General Information
Standard status
Active
Size
1,920 SF
Building Details
Year Built
2009
Listing Agency:
GRIZZARD COMMERCIAL REALESTATE
Listed By:
Daniel Tatro · License #3190991
(352) 396-9136
Source:
Livewelltampabay
Added: Mar 26
Changed: Sep 24
Last Checked: Oct 5 at 10:51PM
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 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
Estimated NOI and Cap Rate
NOI / Yr
$28,685
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,700
$573.7K
Cap Rate 7%
$409,786
$409.8K
Cap Rate 9%
$318,722
$318.7K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$46.1K $24.00/SF
− Vacancy
−$7.8K −$4.08/SF
EGI
$38.2K $19.92/SF
− OpEx
−$9.6K −$4.98/SF
NOI
$28.7K $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%
$573,700
Cap Rate 7%
$409,786
Cap Rate 9%
$318,722
Alternative Uses
Best Use
Office B
$409.8K
$358.6K – $478.1K
NOI $28,685 @ 7.0% cap · market cap 4.79%
Second Best
Healthcare Medical
$391.0K
$342.2K – $456.2K
NOI $27,372 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$546.4K
$478.1K – $637.4K
NOI $38,246 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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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 County Road 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.
