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Property profile & analytics
FOR LEASE
Commercial real estate

710 Hospital Dr Crestview, FL 32539

3,703 SF Built 2007
Entity Owned Free & Clear
Property ID
US18-7789153
Property summary
AI-generated overview

This exceptional two-story medical office building, totaling 3,000 square feet, presents a unique investment opportunity in the thriving Crestview area. Constructed in 2007, the Class B building boasts a single-tenant occupancy, currently housing Panhandle Orthopaedics. Its strategic location near the North Okaloosa County Medical Center capitalizes on the area's robust healthcare sector and significant ongoing expansion. The property features multiple exam rooms and private offices, catering to the needs of a medical practice. A spacious breakroom and kitchen add to the functionality and comfort of the space. The building's efficient layout and ample space provide a comfortable and productive environment for medical professionals. With limited available office space in this rapidly growing area, this property represents a rare chance to acquire a well-established medical office building in a high-demand location. The property's Assessed Parcel Number (APN) is 29-3N-23-3000-0000-00B2. This is a single-tenant property with a strong existing tenant. The building's two stories offer flexibility and potential for future expansion or adaptation. The convenient location and high demand for medical office space in Crestview make this a compelling investment prospect.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Total area 3,703 SF
APN 29-3N-23-3000-0000-00B2
UPID US18-7789153
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
  • Panhandle Orthopaedics Physician
  • Florida Center For Orthopaedics Physician
  • Dr. Richard C. Smith, MD Physician
  • Melanie Broome Physician
  • Deborah Goodwin Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$690k
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$830k
Owner & transaction history
Down By The Lake LLC
Down By The Lake LLC
since 2026
3 recorded transactions
2026
$380,000
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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