5950 Berryhill Medical Park Dr, Milton, FL 32570
This exceptional Class A, 4,876-square-foot medical office building, situated on a 0.55-acre lot in Milton, Florida's Berryhill Medical Park, presents a unique investment opportunity. Built in 1990 and extensively renovated in 2023, the single-story building boasts a 9-foot ceiling height and offers multiple suites ranging from 2,246 to 2,630 contiguous square feet. The property features 25 parking spaces, a recently resurfaced parking lot, and is conveniently located next to the Santa Rosa Medical Center, ensuring high visibility and accessibility. Recent upgrades include a new roof, exterior paint, HVAC units, landscaping enhancements, and a freshly painted and striped parking lot. The building's versatile layout includes multiple exam rooms, waiting areas, offices, and bathrooms, making it ideal for a variety of medical or office uses. The property is zoned C1 and offers excellent potential for both owner-occupancy and investment. Additional rent expenses are estimated at $4.71 per square foot, encompassing property taxes, water/sewer, lawn care, and insurance. Tenants are responsible for a pro-rata share of electricity (upon full occupancy) and all janitorial costs. This turnkey property is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Milton, FLMilton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.