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    201 S. Nova Road Ormond Beach, FL 32174

    Source: https://svn.com
    For Sale
    $3,400,000

    Former Bank For Sale/Lease

    Property size:
    5,060 SF

    Description

    Added:
    May 16, 2025
    Days on Market:
    207
    5,060 SF Former Bank with three Drive-Thru lanes.
    Large monument sign on high-traffic Nova Road.
    Across the street from Dunkin and less than 1/2 mile south of Granada Boulevard and just 3 miles from I-95.


    Location Description
    Located on Nova Road in Ormond Beach just south of W Granada Blvd approximately 3 miles from I-95.

    Property Features for 201 S. Nova Road

    General Information

    Property type
    Office buildings
    Square Feet
    5,060 SF
    Price / Square Foot
    $671
    Class
    A
    Elevators
    N/A

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1
    Insight Report Location Intelligence

    Current Use by Public Records

    BB&T ATM Atm BB&T Mortgage Mortgage Lender

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    State
    Florida
    Longitude
    -81.0829064
    Latitude
    29.2787071

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    FAQs

    What type of property is this?
    Office building - Former Bank For Sale/Lease
    Where is this office building located?
    The property is located at 201 S. Nova Road Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $3,400,000.
    (386) 999-1762
    Request Owner's contact information
    201 S. Nova Road Ormond Beach, FL 32174
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    Ormond Beach, FL 32174
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 S. Nova Road Ormond Beach, FL 32174
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