Ormond Beach, FL 32174, Ormond Beach, FL 32174
- Added:
- May 3, 2026
- Days on Market:
- 25
- Last Refresh:
- May 27 at 1:06 am
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 1,400 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Flat
Listing agent Dan Lyonnais (386) 852-7932
Listing office Adams, Cameron & Co., Realtors 600 S Atlantic Ave, Daytona Beach, FL (386) 258-5500
Listing date May 3, 2026
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
- Established, top‑rated Italian restaurant with a loyal customer base in rapidly expanding Volusia County.
- Turnkey operation with proven business model, systems, equipment, and trained staff in place.
- Strategically located in a high‑traffic corridor with excellent visibility and ample parking.
- Upscale dining atmosphere with a 70‑seat dining room and sophisticated interior design.
- Immediate expansion opportunities for increased revenue through additional service periods.
- Strong reputation for culinary excellence and consistent service standards.
Overview
Financial Insights
Value Estimation Calculated for Specialty Retail
NOI & Cap Rate Calculator
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.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.7k | $21.96 |
| − Vacancy | −$2.4k | −$1.71 |
| EGI | $28.3k | $20.25 |
| − OpEx | −$7.1k | −$5.06 |
| NOI | $21.3k | $15.19 |
Alternative Use Scenarios
Current Use by Public Records
Map
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.1619
- Latitude
- 29.2898