1020 Mills Ave Arcadia, FL 34266
This exceptional 1,780 square foot medical office building in Arcadia, Florida, is offered at $610,000 ($342.70/sq ft). Built in 1945, this single-story building sits on a 0.58-acre lot zoned PUD. Currently configured as a dental office with five exam rooms, a sterilization room, a breakroom/kitchenette, a private office, two restrooms, and ample storage, the property offers significant versatility. The building features a handicap-accessible entrance and easy mobility throughout. Parking is abundant with six employee spaces and nine guest/customer spaces, including two handicap-accessible spots. Its location on N Mills Ave provides high visibility and road frontage on three sides, maximizing exposure. The property benefits from its proximity to DeSoto Memorial Hospital and the Arcadia Police Department. The sale includes only the real estate; the existing dental practice is not included. This is a remarkable opportunity for investors seeking a high-visibility, well-maintained medical office building in a desirable location.
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Smile Design Dentistry Arcadia Dental Office
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Mark Mcclendon Dental Office
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Daniel Abraham Shimansky Dental Office
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.