Secure Flex Warehouse and
974 S Nova Road, Ormond Beach, FL 32174
COMMERCIAL - Ormond Beach, FL
Property size:
5,650 SFLot size:
0.89 AcresPrice / SF:
$238/SF- Added:
- Mar 20, 2026
- Days on Market:
- 100
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 974 S Nova Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage, Parking Lot, Secured
- Security features
- Security System
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 4242-04-06-0213
- Size
- 5,650 SF
- Lot size
- 0.89 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- N 100 FT OF S 200 FT N OF ARROYA PKWY W OF NOVA RD LOT 21 BLK 6 FLEMING FITCH GRANT MB 1 PG 1 PER OR 1810 PG 300 PER OR 6842 PG 0905 PER OR 6960 PG 1016 PER OR 7155 PG 1802
- Tax Annual Amount
- 6867
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Block
Listing agent Toni Wright (386) 290-5146
Listing office Adams, Cameron & Co., Realtors 759 W Granada Blvd, Daytona Beach, FL (386) 673-2100
Listing date Mar 20, 2026
MLS# 1224399
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
- New roof prior to closing
- 5,650± SF building: 3,350± SF high‑clearance warehouse and 2,300± SF climate‑controlled office space
- Massive freestanding walk‑in vault (formerly a high‑security federal cash depository and armored car hub)
- Drive‑through accessibility with two separate entry points via Nova Road and Arroyo Parkway
- 20,000± SF secure yard behind the building—cleared, fenced, and ready for storage or distribution
- Block construction (built 1976); appraiser‑rated effective age 1985; electric and central HVAC; public water, septic tank
Overview
New roof prior to closing. This concrete block flex-style property is built for secure, scalable operations, combining a high-clearance warehouse with climate-controlled office space and a massive freestanding walk-in vault. The interior includes a customer-facing entry experience with elevated woodworking and custom craftsmanship, plus a dedicated employee breakroom and a second-story executive area. A practical advantage for growth is that the building is already outfitted with structural framing for additional private offices, helping streamline future build-out.
Access is designed for efficient movement through the facility with drive-through accessibility and two separate entry points described via Nova Road and Arroyo Parkway. Behind the building, the property includes a 20,000-square-foot secure yard that is fully cleared and fenced, positioned for high-capacity storage and operations such as distribution, boat storage, or RV parking, as noted in the materials. The site is also described as having well-manicured landscaping and a prime roadside position on a highly traveled road.
This setup fits businesses that need a warehouse and office in one location while prioritizing physical security and controlled storage. The secure yard and drive-through layout support logistics-heavy users, while the existing office improvements and planned office-ready framing make the property well-suited for teams looking to expand without starting from scratch.
Access is designed for efficient movement through the facility with drive-through accessibility and two separate entry points described via Nova Road and Arroyo Parkway. Behind the building, the property includes a 20,000-square-foot secure yard that is fully cleared and fenced, positioned for high-capacity storage and operations such as distribution, boat storage, or RV parking, as noted in the materials. The site is also described as having well-manicured landscaping and a prime roadside position on a highly traveled road.
This setup fits businesses that need a warehouse and office in one location while prioritizing physical security and controlled storage. The secure yard and drive-through layout support logistics-heavy users, while the existing office improvements and planned office-ready framing make the property well-suited for teams looking to expand without starting from scratch.
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 | $122.0k | $21.60 |
| − Vacancy | −$9.2k | −$1.62 |
| EGI | $112.9k | $19.98 |
| − OpEx | −$28.2k | −$5.00 |
| NOI | $84.7k | $14.99 |
5,650 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,665 @ 7.0% cap · market cap 6.27%
Second Best
Flex RnD
$910.2K
$796.4K – $1.06M
NOI $63,712 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,616 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.074022
- Latitude
- 29.256878
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Concrete block facility with high-clearance warehouse, climate-controlled offices, and a major walk-in vault for secure operations.
Where is this flex space located?
The property is located at 974 S Nova Road Ormond Beach, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: New roof prior to closing; 5,650± SF building: 3,350± SF high‑clearance warehouse and 2,300± SF climate‑controlled office space; Massive freestanding walk‑in vault (formerly a high‑security federal cash depository and armored car hub)
