Property summary
This exceptional investment opportunity presents an 8,494 square foot medical office building situated on a 0.46-acre lot at 225 US Highway 27 in Lake Placid, Florida (33852). The single-story, 1982-constructed building features three separate units, previously occupied by a family doctor and LabCorp, offering flexibility for owner-occupancy or continued leasing. Currently vacant, this property boasts a 9% pro forma cap rate, making it an attractive investment prospect. The building is zoned C1 and enjoys high visibility and traffic counts due to its prime location on US Highway 27, near a McDonald's. The asking price is $899,900. The property is easily accessible and offers excellent potential for a variety of medical or professional uses. Leasing options are available for the entire building or individual units at $15 per square foot, NNN. This turnkey property presents a rare opportunity to acquire a well-located, income-producing asset in a growing market. The building's layout is ideal for a variety of medical practices, potentially including an emergency care facility or other complementary services. The high traffic count and visibility on US 27 ensure strong tenant appeal and potential for future growth.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight