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    Functional Office Space with Overhead Door Title is generated by Realmo AI

    4645 Clyde Morris Boulevard, Port Orange, FL 32129

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    Claim this Listing
    For Lease
    $2,350/Mo $20 SF/Yr (calc)

    COMMERCIAL - Port Orange, FL

    Type:Office
    Property size:
    1,392 SF
    Lot size:
    0.03 Acres
    Added:
    Jul 9, 2025
    Days on Market:
    327
    Last Refresh:
    May 31 at 12:06 am

    Property Features for 4645 Clyde Morris Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    6308-29-04-4070
    Size
    1,392 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    UNIT 407 BLDG 4 GULFSTREAM VILLAGE CONDO PER OR 5177 PG 4054 PER OR 5734 PGS 2765-2766 PER OR 7176 PG 2270 PER OR 7883 PG 3749
    Tax Annual Amount
    3806

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2005

    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 Jul 9, 2025

    MLS# 1215461

    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

    • Strategic location with easy access to I‑95, major roads, and nearby restaurants.
    • Move‑in‑ready, 1,392 sq. ft. open office space with flexible layout.
    • Abundant natural light and multiple electrical outlets, including a floor outlet, for easy configuration.
    • 7‑ft overhead door for convenient light storage or deliveries.
    • Full access to unassigned parking in a large lot.
    • Built‑in storage cabinets.

    Overview

    This 1,392 sq. ft. open office space is located in a well-maintained and professional office park. It features a flexible and functional layout suitable for various business uses. The unit includes a large open workspace with natural light, built-in storage cabinets, and a 7-ft overhead door for light storage or deliveries. Designed for productivity, the space has multiple electrical outlets, including a floor outlet, making it easy to configure for multiple desks or collaborative workstations. The property offers a spacious open floorplan adaptable to a variety of layouts, full access to unassigned parking in a large lot, and access to a shared restroom. The location provides easy access to I-95, major roads, and nearby restaurants. This move-in-ready solution is suitable for growing teams or businesses seeking an efficient, light-filled workspace.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -81.025186
    Latitude
    29.126655

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    FAQs

    What type of property is this?
    Office units - Move-in ready office space with flexible layout and convenient access.
    Where is this office units located?
    The property is located at 4645 Clyde Morris Boulevard Port Orange, FL.
    What is the lease rate?
    The lease rate is $2,350 /Mo.
    What are key features of this property?
    This property features: Strategic location with easy access to I‑95, major roads, and nearby restaurants.; Move‑in‑ready, 1,392 sq. ft. open office space with flexible layout.; Abundant natural light and multiple electrical outlets, including a floor outlet, for easy configuration.
    (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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