Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    3875 S Nova Rd Port Orange, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2,500 SF medical office available for lease in Port Orange.

    Type:OFFICE
    Property size:
    2,500 SF
    Lot size:
    1.48 Acres
    Added:
    Apr 16, 2025
    Days on Market:
    384
    Last Refresh:
    Apr 5 at 10:57 pm

    Property Features for 3875 S Nova Rd

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    1.48 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 3875 S Nova Rd Contact us

    We can help!

    Listing Contact
    Ashley Walker

    Listing agent Ashley Walker

    Listing office Millenia Partners

    Listing date Apr 16, 2025

    Source Moodyscre

    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 Millenia Partners

    Overview

    Port Orange Medical Office Space

    Available for lease is a 2,500 square foot medical office space located in Port Orange, Florida. The space features a functional and efficient layout suitable for various healthcare specialties. This modern medical office is situated in a prime location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Spruce Creek Animal Clinic — 3915 S Nova Rd, Port Orange, FL 32127
    • Animal Clinic of Dunlawton Sq — 3855 S Nova Rd, Port Orange, FL 32127, United States
    • Golby Deborah L DVM — 3915 S Nova Rd, Port Orange, FL 32127
    • Hancock Scott DVM — 3915 s nova rd, port orange, fl 32127

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -81.0023
    Latitude
    29.1239

    Nearby Similar for Lease

    • $860/Mo

      Port Orange Office For Rent

      Office space available in Port Orange, close to shopping.
      4393 S Ridgewood Avenue, Port Orange, FL 32127
      View Details
    • $1,436/Mo

      Port Orange Medical/Professional Condo

      Medical/Professional condo for lease in Port Orange, Florida.
      1728 Dunlawton Avenue unit: 2, Port Orange, FL 32127
      View Details
    • $1,700/Mo

      Port Orange Commercial Space Available

      Open commercial space with potential synergy with neighboring business.
      4610 S Ridgewood Avenue, Port Orange, FL 32127
      View Details
    • $1,700/Mo

      Versatile Warehouse Space Available

      Adaptable commercial space near Intracoastal Waterway, ideal for various businesses.
      4610 S RIDGEWOOD AVENUE, PORT ORANGE, FL 32127
      View Details
    • $30 SF/Yr

      Renovated Medical Office Space Available

      Newly renovated medical office space for rent in Port Orange.
      1690 DUNLAWTON AVENUE, PORT ORANGE, FL 32127
      View Details
    • $6,312/Mo

      Retail Space in WestPort Square

      Publix-anchored retail strip center with high visibility and ample parking.
      1646 Taylor Road unit: 306, Port Orange, FL 32128
      View Details
    • $1,095/Mo

      Key West Style Office Space

      Professional office space in high-traffic location, Port Orange, Florida.
      415 Dunlawton Avenue unit: 106, Port Orange, FL 32127
      View Details
    • $1,500/Mo

      Port Orange Shared Office Space

      Shared office space in a well-maintained professional office park.
      4645 Clyde Morris Boulevard unit: Front, Port Orange, FL 32129
      View Details
    • $30 SF/Yr

      Medical Office in Port Orange

      Medical office space available in Port Orange, Florida.
      1690 DUNLAWTON AVENUE, PORT ORANGE, FL 32127
      View Details
    • $2,650/Mo

      Port Orange Open Office Space

      Flexible 1,392 sq ft office space with overhead door.
      4645 Clyde Morris Boulevard unit: 407, Port Orange, FL 32129
      View Details
    • Contact for pricing

      Renovated Medical Office Space Available

      4,000 SF medical office with flexible division options.
      1690 DUNLAWTON Ave 130, Port Orange, FL 32127
      View Details
    • $35 SF/Yr

      Modern Medical Office Space Available

      New medical office building in Port Orange, completion July 2025.
      5140 Clyde Morris Boulevard, Port Orange, FL 32127
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 2,500 SF medical office available for lease in Port Orange.
    Where is this medical office space located?
    The property is located at 3875 S Nova Rd Port Orange, FL.
    What are key features of this property?
    This property features: 2,500 SF medical office space available for lease.; Prime Port Orange location.; Beautifully built‑out space with modern design.
    (407) 370-3211 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ashley Walker
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    3875 S Nova Rd, Port Orange, FL

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!