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    500 Memorial E-1 & Cir Ormond Beach, FL 32174

    For Sale
    $965,000

    COMMERCIAL - Ormond Beach, FL

    Type:Office
    Property size:
    5,667 SF
    Lot size:
    0.18 Acres
    Days on Market:
    160
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 500 Memorial E-1 & Cir

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 1, Bathroom 3
    Bathrooms
    3
    APN
    4241-14-00-0060
    Parking features
    Parking Lot
    Size
    5,667 SF
    Lot size
    0.18 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1971
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Vinyl
    Building materials
    Block, Concrete

    Coldwell Banker Commercial Benchmark (386) 672-8530

    Listing agent Scott Harter (386) 672-8530

    Listing date Jun 30, 2025

    Copyright © 2025 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

    Ormond Beach Commercial Condo Units

    This commercial property in Ormond Beach, Florida, comprises three combined condominium units (D, E-1 & E-2), totaling 5,677 square feet. Situated on a 0.18-acre lot, the property features a layout designed for administrative offices. The space includes multiple workstations, two conference rooms, a large break room, and three bathrooms. Private offices, a waiting room, and several points of entry are also incorporated into the design. The property is in turnkey condition and benefits from a desirable location on Memorial Circle, offering ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.08078
    Latitude
    29.282798

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    FAQs

    What type of property is this?
    Office space - Combined condo units in turnkey condition with desirable location.
    Where is this office space located?
    The property is located at 500 Memorial E-1 & Cir Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $965,000.
    What are key features of this property?
    This property features: - 5,677 sq ft combined condo unit - offers substantial space; - Turnkey condition - ready for immediate occupancy; - Desirable location on Memorial Circle - prime location
    (386) 672-8530
    Request Owner's contact information
    500 Memorial E-1 & Cir Ormond Beach, FL 32174
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    Realmo Value Estimation

    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.

    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.

    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
    500 Memorial E-1 & Cir Ormond Beach, FL 32174
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