Office Condo with Conference
New
For Sale
$305,000
790 Dunlawton Avenue Unit B, Port Orange, FL 32127
Efficiently arranged professional suite with reception, private offices, meeting space, workroom, restroom, and breakroom.
Property Size1,193 SF
Days on Market5
Property Features for 790 Dunlawton Avenue Unit B
General Information
Standard status
Active
Size
1,193 SF
Class
B
Property subtype
Office - General Office
Building Details
Building Size
1,193 SF
Year Built
2001
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
Listed By:
John W. Trost · License ##BK-0160420
(386) 301-4581
Source:
Commercialcafe
Added: Sep 1
Changed: Sep 2
Last Checked: Sep 5 at 4:54AM
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 1,193 SF office condo in Port Orange Medical Center was built in 2001 and offers a practical configuration for professional office use. The interior includes a reception area, three offices, a conference room, workroom, restroom, and breakroom, creating distinct areas for client reception, meetings, and daily operations.
The property is positioned on the south side of Dunlawton Avenue, just north of Nova Road, within the established Port Orange Medical Center. Signage along Dunlawton Avenue supports identification from the corridor, and Interstate 95 is approximately 2.7 miles away.
The property is positioned on the south side of Dunlawton Avenue, just north of Nova Road, within the established Port Orange Medical Center. Signage along Dunlawton Avenue supports identification from the corridor, and Interstate 95 is approximately 2.7 miles away.
Key Highlights
- 1,193 SF office condo in Port Orange Medical Center
- Interior includes reception area, 3 offices, conference room, workroom, restroom, and breakroom
- Built in 2001
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
$17,877
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
5.86%
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%
$357,540
$357.5K
Cap Rate 7%
$255,386
$255.4K
Cap Rate 9%
$198,633
$198.6K
Market Conditions
NOI Build-Up for 1,193 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
$25.8K $21.60/SF
− Vacancy
−$1.9K −$1.62/SF
EGI
$23.8K $19.98/SF
− OpEx
−$6.0K −$5.00/SF
NOI
$17.9K $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%
$357,540
Cap Rate 7%
$255,386
Cap Rate 9%
$198,633
Alternative Uses
Best Use
Office B
$255.4K
$223.5K – $298.0K
NOI $17,877 @ 7.0% cap · market cap 5.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$351.8K
$307.8K – $410.4K
NOI $24,624 @ 7.0% cap · market cap 8.07%
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
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
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Frequently Asked Questions
What type of property is this?
Office units - Efficiently arranged professional suite with reception, private offices, meeting space, workroom, restroom, and breakroom.
Where is this office units located?
The property is located at 790 Dunlawton Avenue Unit B Port Orange, FL.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 1,193 SF office condo in Port Orange Medical Center; Interior includes reception area, 3 offices, conference room, workroom, restroom, and breakroom; Built in 2001
