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Property profile & analytics
OFF-MARKET
Office Spaces

1020 Mills Ave Arcadia, FL 34266

1,780 SF 0.58 ac lot Built 1945
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1945
Total area 1,780 SF
Lot 0.58 ac (25,265 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Smile Design Dentistry Arcadia Dental Office
  • Mark Mcclendon Dental Office
  • Daniel Abraham Shimansky Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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