Office Building with Monument
For Sale
$575,000
1036 Derbyshire Road, Daytona Beach, FL 32117
Commercial Sale, Daytona Beach, FL
Property Size4,200 SF
Lot Size1.01 Acres
Price / SF$136.90
Days on Market388
Property Features for 1036 Derbyshire Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Retail
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Parking features
Driveway, Off Street, Parking Lot
Directions
West on LPGA from Ridgewood Ave to South on Derbyshire. Property on West side of street
Subdivision
35 - Mason to LPGA E of 95
Standard status
Active
APN
5202-00-00-0590
Size
4,200 SF
Lot size
1.01 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
02-15-32 E 210 FT OF S 210 FT OF N 420 FT OF LOT 1 S OF HURST ST & W OF DERBYSHIRE RD MB 10 PG 64 PER OR 0594 PG 0194 PER OR 4667 PG 0222 PER OR 8442 PG 4280 PER OR 8681 PG 1522 PER OR 8686 PG 2022
Tax Annual Amount
6649
Legal Description
02-15-32 E 210 FT OF S 210 FT OF N 420 FT OF LOT 1 S OF HURST ST & W OF DERBYSHIRE RD MB 10 PG 64 PER OR 0594 PG 0194 PER OR 4667 PG 0222 PER OR 8442 PG 4280 PER OR 8681 PG 1522 PER OR 8686 PG 2022
Utilities
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
soaring ceilings
foyer
multiple private offices
conference room
full kitchen
industrial-grade hood vent
detached storage shed
monument signage
Building Details
Year built
1971
Number of units
1
Flooring type
Carpet
Listing Agency:
Realty Pros Assured
(386) 677-7653
Listed By:
Beau Warren · License #SL3207370
(386) 589-5754
Added: Aug 4, 2025
Changed: Aug 20
Last Checked: Aug 26 at 11:06AM
MLS# 1216412
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1036 Derbyshire Road in Daytona Beach, this 4,200-square-foot office property occupies a 1.01-acre parcel in Volusia County. The 1971 building features colonial architectural elements, a brick exterior, decorative columns, and a prominent monument sign. Interior improvements include a foyer, multiple private offices, a conference or gathering room, three bathrooms, carpet flooring, central heating, central air, and a full kitchen with an industrial-grade hood vent.
The property includes a detached storage shed and a parking area with driveway and off-street parking. Public water and private sewer serve the site. Zoned B-4 (General Commercial), the property supports a broad range of stated uses, including professional and medical offices, retail, personal services, restaurants, vocational or technical schools, religious facilities, child care centers, and health studios.
The property includes a detached storage shed and a parking area with driveway and off-street parking. Public water and private sewer serve the site. Zoned B-4 (General Commercial), the property supports a broad range of stated uses, including professional and medical offices, retail, personal services, restaurants, vocational or technical schools, religious facilities, child care centers, and health studios.
Key Highlights
- 4,200+/- SF building on a 1.01‑acre parcel
- B‑4 (General Commercial) zoning in Volusia County
- Colonial‑style architecture with brick facade, decorative columns, and monument signage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,558
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$791,160
$791.2K
Cap Rate 7%
$565,114
$565.1K
Cap Rate 9%
$439,533
$439.5K
Market Conditions
NOI Build-Up for 4,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$63.0K $15.00/SF
− Vacancy
−$6.5K −$1.55/SF
EGI
$56.5K $13.46/SF
− OpEx
−$17.0K −$4.04/SF
NOI
$39.6K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$791,160
Cap Rate 7%
$565,114
Cap Rate 9%
$439,533
Alternative Uses
Best Use
Office B
$899.1K
$786.7K – $1.05M
NOI $62,937 @ 7.0% cap · market cap 10.95%
Second Best
Retail
$565.1K
$494.5K – $659.3K
NOI $39,558 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,688 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - B-4 zoning supports a broad range of commercial uses, with private offices, conference space, and a full kitchen.
Where is this office units located?
The property is located at 1036 Derbyshire Road Daytona Beach, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 4,200+/- SF building on a 1.01‑acre parcel; B‑4 (General Commercial) zoning in Volusia County; Colonial‑style architecture with brick facade, decorative columns, and monument signage
