Entitled Flex Office-Warehouse
130 Miller Road Orange City, FL 32763
130 Miller Road, Orange City, FL, 32763
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For Sale
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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 Market99
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
Building Details
- Year Built
- 2026
Listing agency
Stream Realty Partners Miami
(407) 458-5404
Listed by
Scott Edwards · License #FL3436318
Source
Crexi
Added: Apr 14 Updated: Jul 21 at 1:16AM Checked: Jul 21 at 8:20AM
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
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
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.0k | $9.00 |
| − Vacancy | −$8.9k | −$0.50 |
| EGI | $152.2k | $8.50 |
| − OpEx | −$45.6k | −$2.55 |
| NOI | $106.5k | $5.95 |
17,891 SF · lease $9.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$2.88M
$2.52M – $3.36M
NOI $201,747 @ 7.0% cap · market cap 16.81%
Second Best
Warehouse
$2.06M
$1.80M – $2.40M
NOI $143,892 @ 7.0% cap · market cap 11.99%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
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
