Tavares Commercial
915 E ALFRED STREET, Tavares, FL 32778
Business - TAVARES, FL
Type:Business
Property size:
5,124 SFLot size:
1.25 AcresPrice / SF:
$253/SF- Added:
- Oct 31, 2025
- Days on Market:
- 203
- Last Refresh:
- May 21 at 10:06 pm
Property Features for 915 E ALFRED STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Zoning
- RMF-3
- Exterior features
- Paved
- Standard status
- Active
- APN
- 28-19-26-1700-010-00004
- Size
- 5,124 SF
- Lot size
- 1.25 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10467
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1983
- Building materials
- Block, Stucco
- Roof type
- Metal, Shingle
- Architectural style
- Other
Listing agent Jaret Whitney License #682072 (352) 385-3948
Listing office EXIT REALTY TRI-COUNTY 18610 US HWY 441, MOUNT DORA, FL (352) 385-3948
Listing date Oct 31, 2025
MLS# G5103987
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑visibility location on E Alfred Street in the heart of Tavares' growing business district.
- Two buildings totaling over 5,100 sq ft: one suitable for owner‑occupant (e.g., medical/wellness) and the other for rental income.
- Income‑producing potential with six individual office suites in the second building.
- Large paved parking lot for staff and visitors.
- Additional buildable lot for future expansion or development.
- Two street‑front marquees for maximum exposure.
Overview
This commercial property in Tavares, Florida, features two professional office buildings totaling over 5,100 square feet. The property has frontage on E Alfred Street. The first building, approximately 2,940 square feet, currently houses a chiropractic office with a reception and waiting area, multiple exam and treatment rooms, private offices, and restrooms. This building is suitable for medical, wellness, or other professional uses. The second building, approximately 2,184 square feet, is divided into six individual office suites, each with its own entry, making it suitable for rental income or a multi-tenant professional setup. The property includes a large paved parking lot and a spacious adjacent buildable lot, offering room for future expansion or additional development. Two street-front marquees provide exposure. The property is located in the growing business district of Tavares, close to government offices, medical centers, and major thoroughfares. The lot size is 1.25 acres.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$850.6K
NOI $76,553 @ 9.00% cap · cautious / downside scenario
Moderate
$1.09M
NOI $76,553 @ 7.00% cap · market / base-case scenario
Aggressive
$1.53M
NOI $76,553 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.0k | $24.00 |
| − Vacancy | −$20.9k | −$4.08 |
| EGI | $102.1k | $19.92 |
| − OpEx | −$25.5k | −$4.98 |
| NOI | $76.6k | $14.94 |
5,124 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.09M
$956.9K – $1.28M
NOI $76,553 @ 7.0% cap · market cap 5.89%
Second Best
Healthcare Medical
$1.04M
$913.1K – $1.22M
NOI $73,048 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,070 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Times of Refreshing
Alternative Medicine Practice
Tavares Health and Wellness ...
Gym & Fitness Center
David Frerking
Alternative Medicine Practice
Similar Places Nearby
- Misfit Clinic — 220 N Rockingham Ave, Tavares, FL 32778
- Tavares Animal Hospital: Rimensberger R Reid DVM — 418 E Alfred St, Tavares, FL 32778
- Tavares Animal Hospital: Thompson Celia W DVM — 418 E Alfred St, Tavares, FL 32778
- Dr. Casandra Budd — 418 E Alfred St, Tavares, FL 32778
- Fixing vet of taveras — Tavares, FL 32778
Location Insight
- Map
- Local Demand
- City
- Tavares
- County
- Lake
- State
- Florida
- Longitude
- -81.718164
- Latitude
- 28.804875
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Two office buildings with development potential in Tavares, Florida.
Where is this medical office space located?
The property is located at 915 E ALFRED STREET Tavares, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: High‑visibility location on E Alfred Street in the heart of Tavares' growing business district.; Two buildings totaling over 5,100 sq ft: one suitable for owner‑occupant (e.g., medical/wellness) and the other for rental income.; Income‑producing potential with six individual office suites in the second building.
