1457 N Us Highway 1 Ormond Beach, FL 32174
COMMERCIAL - Ormond Beach, FL
- Added:
- Dec 9, 2025
- Days on Market:
- 214
- Last Refresh:
- Jul 11 at 6:06 am
Property Features for 1457 N Us Highway 1
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- 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
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Separate Meters, Heat Pump
- Water source
- Public
Building Details
- Year built
- 2004
- Flooring type
- Tile
- Building materials
- Block
Listing agent Mike Khorassani (386) 334-2226
Listing office FAME Real Estate LLC 1024 Hampstead Ln, FL (386) 334-2226
Listing date Dec 9, 2025
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.
Located in Ormond Beach, Florida, the property is described as being just 1/2 mile from Interstate I-95, providing convenient regional connectivity. The address is 1457 N Us Highway 1 (32174), positioning the space along a primary corridor.
For tenants or buyers seeking an easy-to-operate neighborhood retail or office-style setup, the layout centers on customer-facing reception space with a private office and bathroom. Since the property is currently rented, it may be suitable for an owner looking to acquire a retail/commercial unit with an existing tenant in place.
Key Highlights
- Business condo with 1,282 SF of retail/commercial space
- 1‑story concrete block construction with a roll‑up door in the rear
- Reception area plus 1 office and 1 bath
Local Financial Insights For Retail
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 | $19.2k | $15.00 |
| − Vacancy | −$2.0k | −$1.55 |
| EGI | $17.2k | $13.46 |
| − OpEx | −$5.2k | −$4.04 |
| NOI | $12.1k | $9.42 |
