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    Ormond Beach Office Space For Rent Title is generated by Realmo AI

    1451 N Us Highway 1, Ormond Beach, FL 32174

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    Claim this Listing
    For Lease
    $3,900/Mo $18 SF/Yr (calc)

    COMMERCIAL - Ormond Beach, FL

    Type:Office
    Property size:
    2,600 SF
    Lot size:
    0.02 Acres
    Added:
    Apr 26, 2026
    Days on Market:
    36
    Last Refresh:
    May 31 at 12:06 am

    Property Features for 1451 N Us Highway 1

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    Parking Lot, Assigned
    Standard status
    Active
    APN
    3136-03-0B-0130
    Size
    2,600 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    UNIT 13 BLDG B GARDENS BUSINESS CENTER CONDO PER OR 5243 PG 3750 PER OR 5752 PG 4220 PER OR 6737 PG 1939 UNIT 14 BLDG B GARDENS BUSINESS CENTER CONDO PER OR 5243 PG 3750 PER OR 5752 PG 4220 PER OR 6737 PG 1939
    Tax Annual Amount
    2622

    Building Details

    Year built
    2004
    Number of units
    2
    Flooring type
    Carpet, Tile

    We can help!

    Listing Contact
    Kayla Williams
    Kayla Williams

    Listing agent Kayla Williams License #3506971

    Listing office Realty Pros Commercial 140 S Atlantic Ave. Ste 202, Daytona Beach, FL

    Listing date Apr 26, 2026

    MLS# 1225711

    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.

    HighLights

    • Direct US‑1 frontage offers high visibility.
    • Divisible 2,600 SF office space provides flexible configurations (two 1,300 SF suites).
    • Convenient access to I‑95 and ample on‑site parking.
    • Functional layout includes 10 private offices, conference room, kitchen, and storage.
    • Two front entry doors and two rear exits support multi‑tenant or single‑user occupancy.
    • Lease rate is $18.00/SF for the full 2,600 SF.

    Overview

    This 2,600 square foot office space in Ormond Beach, Florida, offers a prime opportunity with direct frontage on US-1. The space can be easily subdivided into two 1,300 square foot suites, providing flexibility for various users. The current layout includes a reception area, 10 private offices, a conference room, a kitchen, storage space, and two restrooms. The property features two front entry doors and two rear exits, making it suitable for multi-tenant or single-user occupancy. Ample open parking is available on-site, and convenient access to I-95 is provided. The lease rate is $18.75 per square foot for the 1,300 square foot suites or $18.00 per square foot for the full 2,600 square feet. The lot size is 0.02 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.123226
    Latitude
    29.33076

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    FAQs

    What type of property is this?
    Office units - Versatile office space with US-1 frontage in Ormond Beach.
    Where is this office units located?
    The property is located at 1451 N Us Highway 1 Ormond Beach, FL.
    What is the lease rate?
    The lease rate is $3,900 /Mo.
    What are key features of this property?
    This property features: Direct US‑1 frontage offers high visibility.; Divisible 2,600 SF office space provides flexible configurations (two 1,300 SF suites).; Convenient access to I‑95 and ample on‑site parking.
    (386) 338-1330
    We can help!
    Listing Contact
    Kayla Williams
    Kayla Williams
    Real Estate License ID: 3506971
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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