Entitled Flex Office-Warehouse
For Sale
Contact for pricing
130 Miller Road, Orange City, FL 32763
Fully entitled flex office/warehouse development site approved for up to 10 units and 17,891 SF total.
Property Size17,891 SF
Lot Size1.89 Acres
Price / SF$67.07
Days on Market192
Property Features for 130 Miller Road
General Information
Standard status
Active
Size
17,891 SF
Lot size
1.89 Acres
Property subtype
Industrial, Land, Special Purpose
Zoning
CG-1 General Commercial zoning
Lease Type
NNN
Investment Type
Redevelopment
Site & Location
Traffic Count
30,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2026
Year Renovated
2026
Buildings
2
Units
1
Tenancy
Multi
Listing Agency:
Stream Realty Partners Miami
Listed By:
Scott Edwards · License #FL3436318
(407) 458-5404
Source:
Crexi
Added: Apr 14
Changed: Oct 1
Last Checked: Oct 20 at 8:49PM
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 Stream Realty Partners Miami
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Investment Insights
Based on property information with market context.
Miller Road Centre at 130 Miller Road presents a fully entitled flex office/warehouse development opportunity in Orange City, Florida. The 1.89-acre site is approved for up to 17,891 SF across up to 10 flex units, with flexible unit sizing and the ability to lease or sell under a planned condo association structure. The project is offered as-is with a completed Development Order, architectural plans, and impact fees paid, providing a streamlined path to development.
The site is located just half a block from U.S. Highway 17/92, with reported traffic counts of 27,000–30,000 vehicles per day, and is minutes from I-4 for regional connectivity and visibility.
Seller financing up to 70% or a joint venture is available, with the property structured for developers or investors seeking an infill, approved flex product.
The site is located just half a block from U.S. Highway 17/92, with reported traffic counts of 27,000–30,000 vehicles per day, and is minutes from I-4 for regional connectivity and visibility.
Seller financing up to 70% or a joint venture is available, with the property structured for developers or investors seeking an infill, approved flex product.
Key Highlights
- 1.89‑acre flex office/warehouse development site at 130 Miller Road in Orange City, FL
- Approved for up to 17,891 SF across up to 10 flex units with flexible sizing
- Fully entitled with completed Development Order, architectural plans, and impact fees paid
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,514
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,130,280
$2.1M
Cap Rate 7%
$1,521,629
$1.5M
Cap Rate 9%
$1,183,489
$1.2M
Market Conditions
NOI Build-Up for 17,891 SF
Gross rent
$161.0K $9.00/SF
− Vacancy
−$8.9K −$0.50/SF
EGI
$152.2K $8.50/SF
− OpEx
−$45.6K −$2.55/SF
NOI
$106.5K $5.95/SF
Area
Volusia County, FL
Vacancy
5.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,130,280
Cap Rate 7%
$1,521,629
Cap Rate 9%
$1,183,489
Alternative Uses
Best Use
Flex RnD
$2.88M
$2.52M – $3.36M
NOI $201,747 @ 7.0% cap · market cap 16.81%
Second Best
Industrial
$1.52M
$1.33M – $1.78M
NOI $106,514 @ 7.0% cap · market cap 8.88%
Theoretical Best
Office A
$5.28M
$4.62M – $6.15M
NOI $369,270 @ 7.0% cap · market cap 30.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
Explore this area
Business Placement
Demographics for 32763, FL
23,391
Population
11,897
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
20.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$64,022
Median Household Income
$40,100
Median Earnings
$1,449
Median Rent
$239,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial land - Fully entitled flex office/warehouse development site approved for up to 10 units and 17,891 SF total.
Where is this industrial land located?
The property is located at 130 Miller Road Orange City, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.89‑acre flex office/warehouse development site at 130 Miller Road in Orange City, FL; Approved for up to 17,891 SF across up to 10 flex units with flexible sizing; Fully entitled with completed Development Order, architectural plans, and impact fees paid
