Retail Space with Roll-Up
For Sale
$209,900
1457 N Us Highway 1, Ormond Beach, FL 32174
Commercial Sale, Ormond Beach, FL
Property Size1,282 SF
Lot Size0.02 Acres
Price / SF$163.73
Days on Market304
Property Features for 1457 N Us Highway 1
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Directions
From U.S.1 head north pass Granada, right before you get to I-95 the Complex is on the right-hand side.
Subdivision
46 - Ormond N of Tomoka River, E of US1
Standard status
Active
APN
3136-03-0C-0230
Size
1,282 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 23 BLDG C GARDENS BUSINESS CENTER CONDO PER OR 5243 PG 3750 PER OR 5248 PG 2071 PER OR 7686 PG 4075
Tax Annual Amount
2051
Legal Description
UNIT 23 BLDG C GARDENS BUSINESS CENTER CONDO PER OR 5243 PG 3750 PER OR 5248 PG 2071 PER OR 7686 PG 4075
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Heat Pump, Central Air, Separate Meters
Water source
Public
Building Details
Year built
2004
Flooring type
Tile
Building materials
Block
Listing Agency:
FAME Real Estate LLC
Listed By:
Mike Khorassani
(386) 334-2226
Added: Dec 9, 2025
Changed: Oct 2
Last Checked: Oct 9 at 1:06PM
MLS# 1220704
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,282-square-foot business condominium provides a compact retail configuration with a reception area, one office, and one bathroom. The one-story structure was built in 2004 using concrete block construction and includes tile flooring, central air, heat-pump cooling, and electric heating. A roll-up door at the rear supports receiving and service access, while separate meters are included in the cooling system configuration.
The property is located at 1457 N US Highway 1 in Ormond Beach, approximately one-half mile from Interstate I-95. Site features include a parking lot, public water, public sewer, and cable availability. The space is currently rented and is offered as a commercial sale.
The property is located at 1457 N US Highway 1 in Ormond Beach, approximately one-half mile from Interstate I-95. Site features include a parking lot, public water, public sewer, and cable availability. The space is currently rented and is offered as a commercial sale.
Key Highlights
- 1,282 SF business condominium with reception area, 1 office, and 1 bathroom
- Currently rented
- Rear roll‑up door for receiving and service access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,075
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,500
$241.5K
Cap Rate 7%
$172,500
$172.5K
Cap Rate 9%
$134,167
$134.2K
Market Conditions
NOI Build-Up for 1,282 SF
Gross rent
$19.2K $15.00/SF
− Vacancy
−$2.0K −$1.55/SF
EGI
$17.2K $13.46/SF
− OpEx
−$5.2K −$4.04/SF
NOI
$12.1K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,500
Cap Rate 7%
$172,500
Cap Rate 9%
$134,167
Alternative Uses
Best Use
Retail
$172.5K
$150.9K – $201.3K
NOI $12,075 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$378.0K
$330.8K – $441.0K
NOI $26,460 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
114k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 47%
RaceTrac
Shops & Services
37,835 visits/mo
0.2 miles
McDonald's
Dining
32,473 visits/mo
0.3 miles
Dunkin' Donuts
Dining
13,342 visits/mo
0.3 miles
Dollar General
Shops & Services
9,373 visits/mo
0.3 miles
Waffle House
Dining
8,106 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Rented one-story business condo with office, reception area, bath, and rear loading access.
Where is this retail space located?
The property is located at 1457 N Us Highway 1 Ormond Beach, FL.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 1,282 SF business condominium with reception area, 1 office, and 1 bathroom; Currently rented; Rear roll‑up door for receiving and service access
