Medical Office Building with Urgent
For Sale
$5,300,000
910 Old Camp Rd Unit 110, The Villages, FL 32162
Multi-suite medical facility with shared diagnostic areas, elevator access, covered porches, and an occupied urgent care unit.
Property Size11,798 SF
Price / SF$449.23
Days on Market56
Property Features for 910 Old Camp Rd Unit 110
General Information
Standard status
Active
Size
11,798 SF
Elevators
Yes
Occupancy
100%
Additional Details
Office Units
2
Amenities
golf cart access
covered porches
Building Details
Year Built
2007
Buildings
1
Building Size
11,798 SF
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
GRIZZARD COMMERCIAL REALESTATE
Listed By:
Michael Pederson · License #3272610
(352) 408-0190
Source:
Livewelltampabay
Added: Aug 20
Changed: Oct 3
Last Checked: Oct 7 at 5:43PM
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 GRIZZARD COMMERCIAL REALESTATE
Investment Insights
Based on property information with market context.
This medical office property contains 11,798 SF of heated and cooled space plus 1,105 SF of covered porches. The building includes shared lobby space, two handicap restrooms, X-ray and MRI rooms, multiple reception and waiting areas, exam and therapy rooms, doctors’ offices, nurses’ stations, procedure space, laboratory and pharmacy areas, break rooms, and storage. A second-floor area offers an open work area, private office, bathroom, and storage, with access by elevator or stairs.
An additional 2,960 SF medical unit is occupied by an urgent care practice under a lease ending 10/31/2029. The property is located at Sumter Landing Professional Plaza, directly south of Lake Sumter Landing in The Villages. Golf cart access and on-site parking are available. Built in 2007, the building is being offered with fee simple title.
An additional 2,960 SF medical unit is occupied by an urgent care practice under a lease ending 10/31/2029. The property is located at Sumter Landing Professional Plaza, directly south of Lake Sumter Landing in The Villages. Golf cart access and on-site parking are available. Built in 2007, the building is being offered with fee simple title.
Key Highlights
- 11,798 SF heated/cooled medical office building plus 1,105 SF of covered porches
- Additional 2,960 SF urgent care unit leased through 10/31/2029
- Shared lobby with 2 handicap restrooms, X‑ray room, and MRI room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,104
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,622,080
$3.6M
Cap Rate 7%
$2,587,200
$2.6M
Cap Rate 9%
$2,012,267
$2.0M
Market Conditions
NOI Build-Up for 11,798 SF
Gross rent
$294.5K $24.96/SF
− Vacancy
−$53.0K −$4.49/SF
EGI
$241.5K $20.47/SF
− OpEx
−$60.4K −$5.12/SF
NOI
$181.1K $15.35/SF
Area
Sumter County, FL
Vacancy
18.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,622,080
Cap Rate 7%
$2,587,200
Cap Rate 9%
$2,012,267
Alternative Uses
Best Use
Office B
$2.59M
$2.26M – $3.02M
NOI $181,104 @ 7.0% cap · market cap 3.42%
Second Best
Healthcare Medical
$1.90M
$1.66M – $2.22M
NOI $133,046 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$3.38M
$2.96M – $3.94M
NOI $236,432 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32162, FL
51,905
Population
37,824
Households
1.4
Avg Household Size
74
Median Age
42%
College-Educated
98%
High-School Grad
22.8 sq mi
ZIP Area
2,277
Density / Sq Mi
$73,927
Median Household Income
$27,310
Median Earnings
$1,497
Median Rent
$358,100
Median Home Value
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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 - Multi-suite medical facility with shared diagnostic areas, elevator access, covered porches, and an occupied urgent care unit.
Where is this medical office space located?
The property is located at 910 Old Camp Rd Unit 110 The Villages, FL.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: 11,798 SF heated/cooled medical office building plus 1,105 SF of covered porches; Additional 2,960 SF urgent care unit leased through 10/31/2029; Shared lobby with 2 handicap restrooms, X‑ray room, and MRI room
