Pharmacy/Medical Property For
725 County Road 466 Lady Lake, FL 32159
725 County Road 466, Lady Lake, FL, 32159
Contact for pricing
For Sale
Contact for pricing
1920 sqft property suitable for pharmacy or medical use.
Property Size1,920 SF
Price / SF$403.65
Days on Market789
Property Features for 725 County Road 466
General Information
- Standard status
- Active
- Size
- 1,920 SF
- Property subtype
- Retail
Listing agency
European Equities Corporation
(727) 723-3771
Listed by
Chris Niewiarowski · License #SL3305127
Source
Crexi
Added: May 24, 2024 Updated: Jul 10 at 11:25AM Checked: Jul 21 at 5:47AM
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 European Equities Corporation
Investment Insights
Based on property information with market context.
This 1920 square foot property is suitable for pharmacy or medical use.
Key Highlights
- Suitable for pharmacy/medical use
Local Financial Insights For Specialty Retail
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 | $34.6k | $18.00 |
| − Vacancy | −$2.2k | −$1.17 |
| EGI | $32.3k | $16.83 |
| − OpEx | −$8.1k | −$4.21 |
| NOI | $24.2k | $12.62 |
1,920 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$346.2K
$302.9K – $403.9K
NOI $24,235 @ 7.0% cap · market cap 3.13%
Second Best
Retail
$310.0K
$271.3K – $361.7K
NOI $21,700 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$549.7K
$481.0K – $641.3K
NOI $38,477 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drug stores
Similar For Sale Nearby
Similar Off Market Nearby
- Lady Lake Pharmacy — 725 co rd 466, lady lake, fl 32159
FAQs
What type of property is this?
Drug store - 1920 sqft property suitable for pharmacy or medical use.
Where is this drug store located?
The property is located at 725 County Road 466 Lady Lake, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Suitable for pharmacy/medical use
