Property profile

462 Rinehart Rd Lake Mary, FL 32746

OFF-MARKET
Assisted living facilities
28,000 SF 7.4 ac lot Built 23
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Property summary

AI-generated overview

This exceptional investment opportunity presents two brand-new, Class A medical office buildings totaling 28,000 square feet, situated on a 7.4-acre lot in the thriving Lake Mary, Florida market. Located at 462 Rinehart Rd, Lake Mary, FL 32746 (cross streets: Rinehart Road & Caring Drive), this property boasts a prime location within the prestigious Lake Mary Wellness and Technology Park, a planned 165-acre development. The buildings feature 14+ foot ceilings, ample parking (5 spaces per 1000 square feet), and four passenger elevators. Each building is two stories, offering a total of six suites, with a minimum divisible space of 2,000 square feet and up to 28,000 contiguous square feet available. Currently, the entire 28,000 square feet is vacant, providing an ideal opportunity for a single tenant or multiple tenants. The property benefits from 3-phase power and is zoned PD (Planned Development). Built and renovated in 2023, this property offers modern amenities and a highly desirable location in Seminole County, Florida. The APN is 20-30-06-300-0200-0000. This is a rare chance to acquire a state-of-the-art medical office complex in a rapidly growing area.

Property profile

Verified
Property type Assisted living facilities
Year built 23
Total area 28,000 SF
Lot 7.4 ac (322,344 SF)

Cap rate & NOI

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

Location

462 Rinehart Rd Lake Mary, FL 32746
Lake Mary 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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