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    1240 Hand Ave Ormond Beach, FL 32174

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    For Lease
    $13 SF/Yr ($5,416 /Mo)

    Flex space available for lease in Ormond Beach, Florida.

    Property size:
    5,000 SF
    Lot size:
    5,000 SF

    Property Features for 1240 Hand Ave

    General Information

    Size
    5,000 SF

    Building Details

    Year built
    2005

    Source: Carl W. Lentz IV, MBA, CCIM Agent Carl W. Lentz IV, MBA, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ormond Beach Flex Space Available

    Available for lease is a flex space ranging from 2,500 to 5,000 square feet in Ormond Beach. The space features a former ballet studio, a lobby/reception area, a storage room, and an open warehouse. The entire space is fully air-conditioned. Ample parking is available with easy access. The property is located in Ormond Beach, situated between Clyde Morris Boulevard and Nova Road. The zoning is in Volusia County. NNN expenses are $4.49 per square foot.
    Location Intelligence

    Current Use by Public Records

    Ormond Ballet Dance School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0790505
    Latitude
    29.2612648

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    FAQs

    What type of property is this?
    Flex space - Flex space available for lease in Ormond Beach, Florida.
    Where is this flex space located?
    The property is located at 1240 Hand Ave Ormond Beach, FL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Fully air conditioned warehouse for your comfort and inventory.; - Flexible space ranging from 2,500 to 5,000 SF.; - Ample parking with easy access for employees and clients.
    (386) 566-3726
    Request Owner's contact information
    1240 Hand Ave 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
    1240 Hand Ave Ormond Beach, FL 32174
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