106 N Old Kings Rd Suite B Ormond Beach, FL 32174
Office or Medical office in the heart of Ormond Beach.
- Added:
- Nov 21, 2025
- Days on Market:
- 232
- Last Refresh:
- May 9 at 1:14 am
Property Features for 106 N Old Kings Rd Suite B
General Information
- Standard status
- Active
- Size
- 1,196 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing office (386) 566-3726
Listing date Nov 21, 2025
Source Svn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Carl W. Lentz IV, MBA, CCIM
Investment Insights
Based on property information with market context.
Key Highlights
- New HVAC, Paint & Flooring Throughout
- Three Exam Rooms with sinks and counter space
- Spacious Lobby and Large Reception Area
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 | $25.8k | $21.60 |
| − Vacancy | −$1.9k | −$1.62 |
| EGI | $23.9k | $19.98 |
| − OpEx | −$6.0k | −$5.00 |
| NOI | $17.9k | $14.99 |
Alternative Uses
Property Analytics
Current Use by Public Records
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