Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    809 Co Rd 466 Lady Lake, FL 32159
    Property profile & analytics

    809 Co Rd 466, Lady Lake, FL 32159

    View on Map
    • Office Spaces
    • 3,721 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 809 Co Rd 466

    Year built
    2014
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 3,721 square foot medical office space is available for purchase at $1,300,000 ($349.37/sq ft). Located at 809 Co Rd 466, Unit C-301, Lady Lake, FL 32159, this Class B property enjoys a prime location on a main thoroughfare in The Villages area. Built in 2014, the space is currently vacant and ready for immediate occupancy. The building is already built-out, offering a turnkey solution for a variety of medical practices or professional services. Its convenient location within the bustling Villages community ensures high visibility and accessibility for patients and clients. The property is ideal for medical professionals, legal firms, insurance agencies, or other similar businesses seeking a well-established and readily available office space. This presents a unique opportunity to acquire a move-in ready commercial property in a thriving market. The property is situated in Lake County, Florida, offering a strong investment potential in a desirable location. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lady Lake
    County
    Lake
    State
    Florida
    Longitude
    -81.9403
    Latitude
    28.917

    Comparable in this City

    • Value Estimation by Request
      1,920 SF

      781 Co Rd

      Medical Office Space
      781 Co Rd, Lady Lake, FL 32159
      View Details
    • Value Estimation by Request
      4,289 SF

      753 Co Rd

      Medical Office Space
      753 Co Rd, Lady Lake, FL 32159
      View Details
    • Value Estimation by Request
      4,020 SF

      757 Co Rd

      Medical Office Space
      757 Co Rd, Lady Lake, FL 32159
      View Details
    • Value Estimation by Request
      1,996 SF

      741 Co Rd

      Medical Office Space
      741 Co Rd, Lady Lake, FL 32159
      View Details
    • Value Estimation by Request
      1,920 SF

      781 Co Rd

      Medical Office Space
      781 Co Rd, Lady Lake, FL 32159
      View Details
    • Value Estimation by Request

      749 Co Rd

      Medical Office Space
      749 Co Rd, Lady Lake, FL 32159
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,266 SF

      Medical/Professional Office in Lady Lake

      Two-building medical/professional office space for sale in Lady Lake.
      301 Skyline Dr, Lady Lake, FL 32159
      View Details
    • Contact for pricing
      4,020 SF

      Medical Office in Summit Park

      4,020 SF medical office space in Lady Lake, FL.
      733 County Road 466, Lady Lake, FL 32159
      View Details
    • $1,300,000
      3,700 SF

      Luxurious Medical Suite in Lady Lake

      Move-in-ready medical suite with high-end finishes and flexible layout.
      809 County Road 466, Lady Lake, FL 32159
      View Details
    • Contact for pricing
      1,920 SF

      Medical Office Investment Opportunity

      Leased medical office in growing area near The Villages.
      737 Highway 466, Lady Lake, FL 32159
      View Details
    • $640,000
      Pending

      Lady Lake Professional Plaza Office

      Office space in Lady Lake Professional Plaza available for sale.
      918 Rolling Acres Rd, Lady Lake, FL 32159
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,516 SF

      Medical Office in Hospital Compound

      Class A medical office space in Lady Lake, Florida.
      912-1400 N Us Highway 441, Lady Lake, FL 32159
      View Details
    • Contact for pricing
      5,598 SF

      Class B+ Medical Office Suite

      Class B+ medical office space in Lady Lake, Florida, ready for healthcare professionals seeking a dedicated office environment.
      201 W Guava St, Lady Lake, FL 32159
      View Details
    • Contact for pricing

      Medical Office in Summit Park

      Finished medical office space near UF Health Hospital and The Villages.
      741 County Road 466, Lady Lake, FL 32159
      View Details
    • Contact for pricing

      Lady Lake Office/Medical Space

      Office or medical space available in Lady Lake, Florida.
      13912 Us Highway 441, Lady Lake, FL 32159
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    809 Co Rd 466
    Lady Lake, FL 32159
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    809 Co Rd 466, Lady Lake, FL, 32159
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!