Medical Office Condo For
For Sale
$465,000
790 Dunlawton Avenue Unit G, Port Orange, FL 32127
Medical office condo available for sale or lease.
Property Size1,671 SF
Price / SF$278.28
Days on Market92
Property Features for 790 Dunlawton Avenue Unit G
General Information
Standard status
Active
Size
1,671 SF
Class
B
Property subtype
Office
Building Details
Building Size
1,671 SF
Year Built
2001
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
(386) 295-5723
Listed By:
John W. Trost, CCIM · License #FL #BK-0160420
(386) 295-5723
Source:
Svn
Added: May 14
Changed: Aug 8
Last Checked: Aug 8 at 7:22AM
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
Investment Insights
Based on property information with market context.
This 1,671 square foot medical office condo is available for sale or lease within the Port Orange Medical Center. The property features a fully built-out medical layout. The unit benefits from strong visibility on Dunlawton Avenue within an established center.
Key Highlights
- 1,671 SF Medical Office Condo
- For Sale or Lease
- Fully built‑out medical layout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,040
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$500,800
$500.8K
Cap Rate 7%
$357,714
$357.7K
Cap Rate 9%
$278,222
$278.2K
Market Conditions
NOI Build-Up for 1,671 SF
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.
Gross rent
$36.1K $21.60/SF
− Vacancy
−$2.7K −$1.62/SF
EGI
$33.4K $19.98/SF
− OpEx
−$8.3K −$5.00/SF
NOI
$25.0K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$500,800
Cap Rate 7%
$357,714
Cap Rate 9%
$278,222
Alternative Uses
Best Use
Office B
$357.7K
$313.0K – $417.3K
NOI $25,040 @ 7.0% cap · market cap 5.38%
Second Best
Healthcare Medical
$347.3K
$303.9K – $405.2K
NOI $24,309 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$492.7K
$431.1K – $574.8K
NOI $34,489 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32127, FL
29,999
Population
15,898
Households
1.9
Avg Household Size
53
Median Age
30%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,013
Density / Sq Mi
$65,260
Median Household Income
$39,196
Median Earnings
$1,324
Median Rent
$301,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pet Rehab and Fitness — 3506 S Nova Rd #2, Port Orange, FL 32176
- Animal Clinic of Dunlawton Sq — 3855 S Nova Rd, Port Orange, FL 32127, United States
- Long Amy DVM — 3506 S Nova Rd, Port Orange, FL 32129
- Atlantic Animal Hospital – Port Orange — 3506 S Nova Rd, Port Orange, FL 32129
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office condo available for sale or lease.
Where is this medical office space located?
The property is located at 790 Dunlawton Avenue Unit G Port Orange, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 1,671 SF Medical Office Condo; For Sale or Lease; Fully built‑out medical layout
