Technical
Financial
Distress signals
Property profile

748 Hwy 29 Cantonment, FL 32533

OFF-MARKET
Office buildings
Property ID
US19-0794978
5,443 SF 0.48 ac lot Built 1987
Trust Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

Located in Cantonment, Florida, this 5,399-square-foot office/medical space is situated on Highway 29 with frontage that supports prominent visibility, including a large pylon sign and ample on-site parking. The interior is arranged for clinical and office use, featuring a spacious waiting area with three check-in windows and five restrooms, including two patient restrooms, one lab restroom, and two staff restrooms (one with a shower). The layout includes six or more private offices, twelve exam rooms each with sinks, two check-out stations, and four nurse stations. Improvements and specialized spaces include a former lead-lined X-ray room used as a meeting room, plus a procedure room and a lab area with a dedicated sink, cabinets, refrigerator, and restroom. Additional features include multiple storage closets, janitorial rooms, and a staff kitchen/lounge. The space includes recent updates to flooring, paint, and lighting, and is configured in a way suitable for a range of medical practices, including primary care, pediatrics, urgent care, and other specialties.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1987
Construction WOOD
Total area 5,443 SF
Lot 0.48 ac (20,909 SF)
Zoning code HC/LI
APN 11-1N-31-2302-005-001
UPID US19-0794978

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician

Location

748 Hwy 29 Cantonment, FL 32533-9513
Cantonment metro Census 3614 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2009
3 recorded transactions
2009
Price N/A
2004
$340,000
2002
$310,000

Zoning & alternative use

HC/LI · Cantonment, FL

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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