225 Us Hwy Lake Placid, FL 33852
This exceptional 2,995-square-foot medical office space is ideally situated on US Highway 27 in Lake Placid, Florida, offering unparalleled visibility and accessibility. The single-story building, constructed in 1982, boasts a Class C rating and features a finished interior with tile flooring throughout. Ample paved parking is available for patients and staff. The property is zoned C-1, allowing for a variety of medical and commercial uses. The building is constructed of concrete block, ensuring durability and longevity. The lease is a modified gross lease at $12 per square foot annually, plus sales tax and utilities. Utility costs are shared proportionally among tenants, or solely borne by a single tenant if the space is fully occupied by one entity. A three-year or longer lease term is preferred. Additional square footage may be available
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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