Property summary
This exceptional 2,995 square foot medical office building is strategically located on US Highway 27 in Lake Placid, Florida. Boasting high visibility with an impressive average annual daily traffic (AADT) count of 21,500 vehicles, this property offers unparalleled exposure for your business. The single-story building, constructed in 1982 of concrete block construction (CBS), features a finished interior with tile flooring throughout. The property comprises five individual suites, perfect for multiple tenants or a single large practice. Ample paved parking is available for staff and clients. The building is zoned C-1, providing flexibility for a variety of commercial uses. This is a modified gross lease opportunity at a rate of $12 per square foot annually, plus sales tax and utilities. Additional square footage may be available; please inquire for details. This is an excellent investment opportunity in a high-traffic area with strong potential for growth. The property's prime location and functional design make it an ideal choice for medical professionals or other businesses seeking a prominent presence in Lake Placid.
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