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Ormond Beach Commercial Office Space

555 W Granada Boulevard Ormond Beach, FL 32174

555 W Granada Boulevard, Ormond Beach, FL, 32174
$140,000
For Sale
$140,000

COMMERCIAL - Ormond Beach, FL

Property Size766 SF
Lot Size0.01 Acres
Price / SF$182.77
Days on Market92

Property Features for 555 W Granada Boulevard

General Information

Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot
Standard status
Active
APN
4241-28-03-0060
Size
766 SF
Lot size
0.01 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
UNIT 6 BLDG C THE BOULEVARD I CONDO PER OR 3206 PG 0218 PER OR 4383 PG 3727
Tax Annual Amount
1187

Utilities

Heating system
Central

Building Details

Year built
1988
Listing Agency Realty Pros Assured
900 W Granada Blvd Ste 3, Ormond Beach, FL
Listed by Buzzy Porter
Added: Apr 16 Checked: Jul 16 at 9:06 pm
MLS# 1225335

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.


Investment Insights

Based on property information with market context.

This first-floor commercial office space is situated in Boulevard Executive Park, located in Ormond Beach. The property offers convenient access to major roadways and public transportation. The interior features a front waiting area, three separate rooms including a larger rear room, and a handicap-accessible bathroom. Luxury vinyl flooring was installed in 2025. Additional storage is available with two closets. The space is suitable for a professional office, service-based business, or administrative use. The lot size is 0.01 acres. The property size is 766 square feet. There is parking available. Square footage was received from tax rolls.

Key Highlights

  • Unbeatable location in the highly desirable Boulevard Executive Park in the heart of Ormond Beach.
  • Easy access to major roadways and public transportation.
  • Fresh, modern look with luxury vinyl flooring installed in 2025.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.5k $21.60
− Vacancy −$1.2k −$1.62
EGI $15.3k $19.98
− OpEx −$3.8k −$5.00
NOI $11.5k $14.99
766 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$164.0K
$143.5K – $191.3K (±1% cap)
NOI $11,479 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$225.9K
$197.6K – $263.5K (±1% cap)
NOI $15,810 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Florida Snoring & Apnea ... Dental Office Southern Title Title Company Ellen Kaplan Adoptions Adoption Agency Dr. Angela Poole, ... Consultant Drive Group Marketing & Advertising

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Hotel & Motel Locksmith Catering Service Pet Grooming Service Florist Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office units - First-floor office space in Boulevard Executive Park, Ormond Beach.
Where is this office units located?
The property is located at 555 W Granada Boulevard Ormond Beach, FL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Unbeatable location in the highly desirable Boulevard Executive Park in the heart of Ormond Beach.; Easy access to major roadways and public transportation.; Fresh, modern look with **luxury vinyl flooring installed in 2025.**
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