225 Us HwyLake Placid, FL 33852

Property Details for 225 Us Hwy

Year built

1982

Lot size

0.46 AC

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional investment opportunity presents an 8,494 square foot medical office building situated on a 0.46-acre lot at 225 US Highway 27 in Lake Placid, Florida (33852). The single-story, 1982-constructed building features three separate units, previously occupied by a family doctor and LabCorp, offering flexibility for owner-occupancy or continued leasing. Currently vacant, this property boasts a 9% pro forma cap rate, making it an attractive investment prospect. The building is zoned C1 and enjoys high visibility and traffic counts due to its prime location on US Highway 27, near a McDonald's. The asking price is $899,900. The property is easily accessible and offers excellent potential for a variety of medical or professional uses. Leasing options are available for the entire building or individual units at $15 per square foot, NNN. This turnkey property presents a rare opportunity to acquire a well-located, income-producing asset in a growing market. The building's layout is ideal for a variety of medical practices, potentially including an emergency care facility or other complementary services. The high traffic count and visibility on US 27 ensure strong tenant appeal and potential for future growth.

Location Insight

City

Lake Placid

County

Highlands

State

Florida

Latitude

27.2946

Longitude

-81.3577

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].