1457 N Us Highway 1 Ormond Beach, FL 32174
COMMERCIAL - Ormond Beach, FL
- Added:
- Oct 30, 2025
- Days on Market:
- 255
- 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
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 3136-03-0C-0220
- Size
- 1,282 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- UNIT 22 BLDG C GARDENS BUSINESS CENTER CONDO PER OR 5243 PG 3750 PER OR 5253 PG 4761 PER OR 6319 PG 3855 PER OR 7686 PG 4075
- Tax Annual Amount
- 1894
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating), Central
- Cooling system
- Heat Pump, Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2004
- Number of units
- 1
- Flooring type
- Concrete, Laminate
- Building materials
- Block, Concrete
Listing agent Mike Khorassani (386) 334-2226
Listing office FAME Real Estate LLC 1024 Hampstead Ln, FL (386) 334-2226
Listing date Oct 30, 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.
The property is located at 1457 N US Highway 1 in Ormond Beach, Florida, about 1/2 mile from Interstate I-95. The site is listed as approximately 0.02 acres.
For an investor or owner-operator, the configuration is straightforward for businesses that want a dedicated front reception space and private office area under one roof. The presence of a rear roll-up door can also be useful for retailers or service providers that benefit from alternate loading or deliveries. As it is currently rented, the space may appeal to buyers seeking a retail-commercial asset already producing rental income, subject to the terms of the existing tenancy.
Key Highlights
- Retail/commercial business condo with 1,282 SF, including a reception area, 1 office, and 1 bath
- 1‑story concrete block construction building with a roll‑up door in the rear
- Parking lot on‑site
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 |
