1050 Old Camp Rd The Villages, FL 32162
Property profile & analytics
1050 Old Camp Rd The Villages, FL 32162
- Medical Office Space
- 22,749 SF
- 0.64 lot acres
Property ID
US18-8222490
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 1050 Old Camp Rd
- Year built
- 2014
- Construction
- STEEL FRAME
- Lot size
- 0.64 lot acres
- Property size
- 22,749 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- D23-001-100
- APU
- D23001100
Description
This exceptional investment opportunity presents a single-tenant, 6,453-square-foot medical office building in The Villages, Florida. The property, built in 2022, is 100% occupied by DaVita, Inc., under a 15-year net lease (NN) with three 5-year renewal options. The lease commenced March 1, 2023, and includes a 10% rent increase every five years, providing significant long-term growth potential. The building boasts a strong credit-rated corporate guarantee from DaVita, a leading operator in the kidney care industry. Situated on a 0.18-acre lot with 16 parking spaces, the property benefits from its location within the Creekside Medical Center, near major retail in The Villages, a thriving retirement community with a high average household income exceeding $89,000 annually. The property offers a 6.75% cap rate and a substantial net operating income (NOI) of $206,109. The asking price is $3,053,464, translating to $473.19 per square foot. The ground lease has an expiration date of April 18, 2022, but the leasehold interest provides 99 years of control to the future owner. This is a passive investment opportunity in a growing industry, located in a strong demographic area, and offering substantial long-term income potential. The property's location within a dense retail corridor and its proximity to Orlando, the third most visited metro area in the U.S., further enhances its investment appeal. This is a rare opportunity to acquire a high-quality, single-tenant medical office building with a long-term lease and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $775,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,171,000
Market price range: $1.17M - $2.08M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,545,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- The Villages
- County
- Sumter
- State
- Florida
- Longitude
- -81.9793
- Latitude
- 28.907
- CBSA code
- 45540
- CBSA name
- THE VILLAGES, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$48,124
$1,410,070
$3,213,580
$4,623,650
-
$1,410,070
$3,213,580
$4,623,650
