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2009 Mccall Rd Englewood, FL 34223-4501

Medical Office Space Google Maps
6,707 SF 0.76 ac lot Built 1974
Entity Owned 26-yr Hold ~ Est. High Equity
Estimated value (blended)
$560k
Range $504k – $616k (±10%)
Property ID US18-3101590

Property summary

AI-generated overview

This exceptional single-story medical office building, located at 2009 S McCall Road, Englewood, FL 34223, presents a unique investment opportunity. The 6,664 square foot building sits on a 0.76-acre lot (33,086 square feet) and boasts 33 parking spaces, ensuring ample parking for staff and patients. Constructed in 1974, the property is currently fully vacant and ready for immediate occupancy, with an estimated possession date of March 2025. The building's OMI zoning (Office, Medical, Institutional) allows for a variety of uses, making it ideal for medical practices, professional offices, or other institutional tenants. The property offers excellent visibility from South McCall Road, providing convenient access and high visibility for any business. Multiple suites are available, ranging from 967 to 2,321 square feet, offering flexibility for various tenant needs. The property's location in Englewood, Florida, provides easy access to local amenities and a strong patient base. This is a rare opportunity to acquire a well-located, versatile medical office building with significant potential for growth and return on investment. The APN is 412005304001.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,707 SF
Lot 0.76 ac (33,086 SF)
Zoning code OMI OFFICE, MEDICAL, INST
APN 41-20-05-304-001
UPID US18-3101590

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$560k

Owner & transaction history

since 1999
4 recorded transactions
1999
$621,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OMI OFFICE, MEDICAL, INST · Englewood, FL
Top alternative use upside
Office building $2.0M +24.2%
Auto repair, garage $1.9M +18.0%
Retail stores $1.9M +18.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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