Leased Professional Office
For Sale
$750,000
910 Old Camp Rd Unit 154, The Villages, FL 32162
Fully leased office unit with reception, private offices, storage, break room, and two restrooms.
Property Size1,850 SF
Price / SF$405.41
Days on Market37
Property Features for 910 Old Camp Rd Unit 154
General Information
Standard status
Active
Size
1,850 SF
Occupancy
100%
Building Details
Year Built
2007
Tenancy
Single
Abandoned
No
Listing Agency:
AKIN REALTY COMPANY
(352) 804-2446
Listed By:
Fran Dann-Akin · License #544440
Source:
Chenoregroup
Added: Jul 25
Changed: Aug 30
Last Checked: Aug 30 at 6:03AM
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 AKIN REALTY COMPANY
Investment Insights
Based on property information with market context.
Unit 154 is a professional office property offering 1,850 SF of finished space. The layout includes multiple offices, a lobby and reception area, storage, a break room, and two restrooms. A finished upstairs area adds 350 SF of office or storage space, included within the total property size.
The unit is fully leased and is located at 910 Old Camp Rd in The Villages, next to Lake Sumter Landing. Constructed in 2007, the property combines an established office configuration with an existing tenant arrangement.
The unit is fully leased and is located at 910 Old Camp Rd in The Villages, next to Lake Sumter Landing. Constructed in 2007, the property combines an established office configuration with an existing tenant arrangement.
Key Highlights
- 1,850 SF professional office unit at 910 Old Camp Rd Unit 154
- Finished upstairs area provides 350 SF of office or storage space
- Fully leased property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,398
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$567,960
$568.0K
Cap Rate 7%
$405,686
$405.7K
Cap Rate 9%
$315,533
$315.5K
Market Conditions
NOI Build-Up for 1,850 SF
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.
Gross rent
$46.2K $24.96/SF
− Vacancy
−$8.3K −$4.49/SF
EGI
$37.9K $20.47/SF
− OpEx
−$9.5K −$5.12/SF
NOI
$28.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$567,960
Cap Rate 7%
$405,686
Cap Rate 9%
$315,533
Alternative Uses
Best Use
Office B
$405.7K
$355.0K – $473.3K
NOI $28,398 @ 7.0% cap · market cap 3.79%
Second Best
Healthcare Medical
$298.0K
$260.8K – $347.7K
NOI $20,862 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$529.6K
$463.4K – $617.9K
NOI $37,074 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Fully leased office unit with reception, private offices, storage, break room, and two restrooms.
Where is this office units located?
The property is located at 910 Old Camp Rd Unit 154 The Villages, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,850 SF professional office unit at 910 Old Camp Rd Unit 154; Finished upstairs area provides 350 SF of office or storage space; Fully leased property
