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Property profile & analytics
OFF-MARKET Estimated value $2,625,000
Office buildings

2010 Nightingale Ln Tavares, FL 32778-4361

10,697 SF 1.48 ac lot Built 2003
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-3206744
Property summary
AI-generated overview

This exceptional 10,697 square foot Class B medical office building presents a compelling investment opportunity in Tavares, Florida. Located at 2010 Nightingale Ln, this single-tenant, 100% occupied property boasts a strong 4.88% cap rate and a substantial net operating income (NOI) of $122,109. The building, constructed in 2003, features four offices, eight exam rooms, a spacious waiting area, and dedicated X-Ray and imaging facilities. Additional amenities include a separate employee entrance, break room, doctor's office with shower, nurses' counter, and private/public restrooms. The property sits on a 1.48-acre lot zoned C-1, offering excellent visibility and accessibility from Highway 441. Ample parking is available, and the building benefits from its prime location directly across from AdventHealth Waterman Hospital, ensuring convenient access for patients and staff. The current tenant, a credit-rated entity, is under a triple net (NNN) lease, minimizing landlord responsibilities. This stabilized investment offers a compelling opportunity for owner-users or investors seeking a high-performing medical office asset in a thriving market. The building's strategic location and strong tenant occupancy make it an attractive prospect for long-term growth and return on investment. The asking price is $2,500,000, translating to $233.71 per square foot.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2003
Construction CONCRETE BLOCKS
Total area 10,697 SF
Lot 1.48 ac (64,463 SF)
APN 21-19-26-0004-000-03200
UPID US18-3206744
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
  • Florida Oncology Tavares - Jeffrey G. Brabham, MD Physician
  • Tavares Cancer Treatment Center Medical Clinic
  • The Villages OPC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.05M
Blend (final) Blend
$2.63M
Owner & transaction history
K&p Asset Ventures LLC · 1 yrs held
K&p Asset Ventures LLC
since 2025
Last sale
$2.2M
2 recorded transactions
2025
$2.2M
2014
$2.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.7M +63.1%
Neighborhood: shopping center $3.1M +37.8%
Auto repair, garage $2.5M +9.7%
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