Warehouse on
1137 South Nova Road, Holly Hill, FL 32117
For Sale
Contact for pricing
The property includes both warehouse space and land.
Property Size9,036 SF
Lot Size2.12 Acres
Price / SF$221.34
Days on Market22
Property Features for 1137 South Nova Road
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Warehouse Space
Property Use
Building Details
Building Size
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
Listed By:
Carl Lentz IV, CCIM · License FL #3068067
(386) 801-7435
Source:
Crexi
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 5:54PM
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 SVN | Alliance Commercial Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The warehouse contains 9,036 square feet, and the property spans 2.12 acres.
Key Highlights
- 9,036‑square‑foot warehouse
- Property encompasses 2.12 acres
- Warehouse property includes land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,674
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,453,480
$1.5M
Cap Rate 7%
$1,038,200
$1.0M
Cap Rate 9%
$807,489
$807.5K
Market Conditions
NOI Build-Up for 9,036 SF
Gross rent
$90.0K $9.96/SF
− Vacancy
−$4.5K −$0.50/SF
EGI
$85.5K $9.46/SF
− OpEx
−$12.8K −$1.42/SF
NOI
$72.7K $8.04/SF
Area
Volusia County, FL
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,453,480
Cap Rate 7%
$1,038,200
Cap Rate 9%
$807,489
Alternative Uses
Best Use
Warehouse
$1.04M
$908.4K – $1.21M
NOI $72,674 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.33M – $3.11M
NOI $186,503 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Volusia County, FL
Properties on Market for Warehouses in Volusia County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Devon Self Storage — 1104 N Nova Rd, Daytona Beach, FL 32117
- All Aboard Storage — 1480 N Nova Rd, Daytona Beach, FL 32117
Frequently Asked Questions
What type of property is this?
Warehouse - The property includes both warehouse space and land.
Where is this warehouse located?
The property is located at 1137 South Nova Road Holly Hill, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 9,036‑square‑foot warehouse; Property encompasses 2.12 acres; Warehouse property includes land
