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    50 S Perrott Drive Ormond Beach, FL 32174

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    Claim this Listing
    For Sale
    Under Contract
    $999,500

    COMMERCIAL - Ormond Beach, FL

    Property size:
    5,139 SF
    Lot size:
    0.67 Acres
    Price / SF:
    $194/SF
    Added:
    Nov 11, 2025
    Days on Market:
    161
    Last Refresh:
    Apr 21 at 2:06 pm

    Property Features for 50 S Perrott Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Carport, Guest
    Security features
    Security
    Fencing
    Fenced, Privacy
    Standard status
    Active Under Contract
    APN
    4241-07-03-0040
    Size
    5,139 SF
    Lot size
    0.67 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 4 & S 20 FT OF LOT 3 BLK 3 & INC W 30 FT OF ADJ VAC WHITE ST & INC ADJ N 1/2 VAC TOMOKA ST LA VEGA ORMOND MB 12 PG 144 PER OR 4791 PGS 2110-2111 PER OR 5467 PG 3294 PER OR 5640 PGS 3531-3532
    Tax Annual Amount
    7040

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    2007

    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 Nov 11, 2025

    MLS# 1219848

    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.

    Overview

    Turn-Key Collision Center For Sale

    This is a rare opportunity to acquire a fully equipped, turn-key collision center on 0.68 acres with full perimeter security. The property features four freestanding steel buildings totaling 5,139 square feet, plus an additional 2,090 square feet covered canopy workspace ideal for vehicle prep, staging, or outdoor operations. The facility is outfitted with a professionally vented paint booth, installed vehicle lifts, and three-phase 440 power to support heavy equipment and collision repair operations. The site includes an automatic roll-back gate, barbed-wire fencing, security cameras, exterior lighting, and wide asphalt drive aisles for parking, fleet storage, or workflow efficiency. Grounds are professionally maintained with irrigation and clean landscaping. It is ideal for collision repair, auto restoration, fabrication, specialty automotive trades, or light industrial use. Move-in ready and built for immediate production.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Doctor's Professional Services Alternative Medicine Practice Eli's Muscle Cars Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    • One Stop Auto & Fleet Repair — 15 coolidge ave, ormond beach, fl 32174
    • Air Cooled Of Ormond — division ave, ormond beach, fl 32174
    • Alignment Shop Inc — 415 Parque Dr Unit D, Ormond Beach, FL 32174
    • One Stop Automotive & Fleet Repair — 15 Coolidge Ave, Ormond Beach, FL 32174
    • T & D Auto Repair — 268 Hand Ave, Ormond Beach, FL 32174

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.063243
    Latitude
    29.280634

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    FAQs

    What type of property is this?
    Auto shop - Equipped collision center with secured industrial compound on 0.68 acres.
    Where is this auto shop located?
    The property is located at 50 S Perrott Drive Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $999,500.
    What are key features of this property?
    This property features: Turn‑key collision center/industrial compound ready for immediate production.; Fully fenced and secured 0.68+/- acre site with automatic gate, barbed wire, security cameras, and lighting.; Four steel buildings totaling 5,139 SF plus a 2,090 SF covered canopy workspace.
    (386) 338-1330
    We can help!
    Listing Contact
    Kayla Williams
    Kayla Williams
    Real Estate License ID: 3506971
    Learn More
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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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