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    Turnkey Restaurant Opportunity Title is generated by Realmo AI

    201 Commonwealth Boulevard, Port Orange, FL 32127

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    Claim this Listing
    Pending
    $30,000

    COMMERCIAL - Port Orange, FL

    Property size:
    1,750 SF
    Lot size:
    0.71 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    60
    Last Refresh:
    May 23 at 12:06 pm

    Property Features for 201 Commonwealth Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 2, Bathroom 1
    Parking features
    Off Street, Parking Lot
    Standard status
    Pending
    APN
    6310-07-15-0010
    Size
    1,750 SF
    Lot size
    0.71 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOTS 1 2 3 18 19 & 20 BLK 15 ALLANDALE MB 4 PG 146 PER OR 3761 PG 3812 PER OR 7743 PG 4267 PER OR 7760 PGS 4258-4260 INC PER OR 8293 PG 3010 This is a Business Asset Sale with only a Leasehold interest.

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1966
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Block, Concrete

    We can help!

    Listing Contact
    Herb Lubansky
    Herb Lubansky

    Listing agent Herb Lubansky License #BK-53585

    Listing office Lubansky & White Realty 2445 S Ridgewood Ave, Port Orange, FL

    Listing date Mar 25, 2026

    MLS# 1224555

    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

    • Turn‑key 2nd Generation Restaurant: Ready for immediate operation.
    • Fully Furnished with Commercial‑Grade Equipment: Includes a 12 ft. hood, Bakers Pride Pizza Oven, Hobart mixer, walk‑in cooler, and commercial dishwasher.
    • Ample Seating for 48 + Bar Area.
    • Adaptable Concept: Suitable for a pizzeria or easily convertible.
    • Rapid Opening Timeframe: Allows for opening in weeks.
    • Essential Utilities Included: Features central heating and cooling, cable availability, public water, and public sewer.

    Overview

    This is a turnkey, second-generation restaurant opportunity. The 1,750 square-foot space is fully furnished and includes a full kitchen with a 12-foot hood, a double-stack Bakers Pride pizza oven, a 60-quart Hobart mixer, a walk-in cooler, and a commercial automatic dishwasher. The restaurant seats 48 people, plus a bar area. The 0.71-acre property is located in Port Orange, Florida. The space is currently set up as a pizzeria, but could be adapted to a different concept. This location offers the opportunity to open for business in weeks, compared to the months required for a new buildout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.9786654
    Latitude
    29.1245044

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    FAQs

    What type of property is this?
    Conventional restaurant - Fully furnished restaurant with full kitchen and seating available.
    Where is this conventional restaurant located?
    The property is located at 201 Commonwealth Boulevard Port Orange, FL.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: Turn‑key 2nd Generation Restaurant: Ready for immediate operation.; Fully Furnished with Commercial‑Grade Equipment: Includes a 12 ft. hood, Bakers Pride Pizza Oven, Hobart mixer, walk‑in cooler, and commercial dishwasher.; Ample Seating for 48 + Bar Area.
    (386) 212-1598
    We can help!
    Listing Contact
    Herb Lubansky
    Herb Lubansky
    Real Estate License ID: BK-53585
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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.

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