Office Condo with Monument
For Sale
Contact for pricing
1425 Hand Avenue Suite I, Ormond Beach, FL 32174
Established office tenancy with association-managed building and grounds maintenance.
Property SizeContact for details
Days on Market146
Property Features for 1425 Hand Avenue Suite I
General Information
Standard status
Active
Property subtype
Office
Financials
Cap Rate
8.46%
Gross Income
$53,690
Building Details
Tenancy
Single
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors Ormond Beach
(386) 301-4581
Listed By:
John Trost, CCIM · License #FL BK-0160420
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 3:29AM
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 Ormond Beach
Investment Insights
Based on property information with market context.
Suite I is an office condominium at 1425 Hand Avenue with a long-term tenant in place since 2010. The condominium association manages maintenance for the building and grounds, while the property includes building and monument signage. The lease expiration is listed as 3/31/2023, and the offering carries an 8.46% cap rate.
The property is positioned on the north side of Hand Avenue between Clyde Morris Boulevard and Nova Road in Ormond Beach. AdventHealth Daytona Beach is approximately 2.8 miles away, providing a nearby healthcare reference point for the location.
The property is positioned on the north side of Hand Avenue between Clyde Morris Boulevard and Nova Road in Ormond Beach. AdventHealth Daytona Beach is approximately 2.8 miles away, providing a nearby healthcare reference point for the location.
Key Highlights
- Office condominium identified as Suite I at 1425 Hand Avenue
- Long‑term tenant in place since 2010
- 8.46% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
Explore this area
Business Placement
Demographics for 32174, FL
53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
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 - Established office tenancy with association-managed building and grounds maintenance.
Where is this office units located?
The property is located at 1425 Hand Avenue Suite I Ormond Beach, FL.
What are key features of this property?
This property features: Office condominium identified as Suite I at 1425 Hand Avenue; Long‑term tenant in place since 2010; 8.46% cap rate
