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Property profile

225 Us-27 Lake Placid, FL 33852

OFF-MARKET
Office Spaces
1,171 SF Built 1982
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Property summary

AI-generated overview

This single-tenant medical office space, totaling 1,171 square feet, is ideally situated on US Highway 27 in Lake Placid, Florida, offering excellent visibility and accessibility. The property boasts convenient highway frontage, benefiting from a high average daily traffic count of 18,800 vehicles. Built in 1982, this Class C building features concrete block construction, a finished interior, and tile flooring throughout. Ample paved parking is available for tenants and their clients. The space is zoned C-1, allowing for a variety of medical or commercial uses. The asking rent is a competitive $12 per square foot annually, plus sales tax and utilities. Utilities are shared/prorated among tenants

Property profile

Verified
Property type Office Spaces
Year built 1982
Total area 1,171 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

225 Us-27 Lake Placid, FL 33852
Lake Placid metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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