Two-Story Medical Office
1495 S Volusia Avenue, Orange City, FL 32763
For Sale
Contact for pricing
Updated interiors and monument signage support medical and professional office use along US 17-92.
Property Size10,304 SF
Lot Size0.65 Acres
Price / SF$174.69
Days on Market18
Property Features for 1495 S Volusia Avenue
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Condition
Asking Price
Road Access
Property Use
Building Details
Year Built
Buildings
Stories
Building Size
Listing Agency:
Panther Capital Group
Listed By:
Tallie Washington · License #Sl9423650
Source:
Crexi
Added: Oct 23
Changed: Nov 9
Last Checked: Nov 8 at 5:50PM
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 Panther Capital Group
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Investment Insights
Based on property information with market context.
This two-story medical office property contains 10,304 square feet on a 0.65-acre site. Constructed in 1990 and renovated, the building has updated interiors and monument signage. Its configuration and existing improvements support medical or professional office occupancy.
The property fronts US 17-92 in Orange City. AdventHealth Fish Memorial is 2.5 miles away, and more than 20 medical providers are located within a 3-mile radius.
The property fronts US 17-92 in Orange City. AdventHealth Fish Memorial is 2.5 miles away, and more than 20 medical providers are located within a 3-mile radius.
Key Highlights
- 10,304‑square‑foot, two‑story medical office building
- 0.65‑acre site with frontage on US 17‑92
- Built in 1990 and renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,405
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,088,100
$3.1M
Cap Rate 7%
$2,205,786
$2.2M
Cap Rate 9%
$1,715,611
$1.7M
Market Conditions
NOI Build-Up for 10,304 SF
Gross rent
$222.6K $21.60/SF
− Vacancy
−$16.7K −$1.62/SF
EGI
$205.9K $19.98/SF
− OpEx
−$51.5K −$5.00/SF
NOI
$154.4K $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 Rate 5%
$3,088,100
Cap Rate 7%
$2,205,786
Cap Rate 9%
$1,715,611
Alternative Uses
Best Use
Office B
$2.21M
$1.93M – $2.57M
NOI $154,405 @ 7.0% cap · market cap 8.58%
Second Best
Healthcare Medical
$2.14M
$1.87M – $2.50M
NOI $149,898 @ 7.0% cap · market cap 8.33%
Theoretical Best
Office A
$3.04M
$2.66M – $3.54M
NOI $212,675 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 32763, FL
23,391
Population
11,897
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
20.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$64,022
Median Household Income
$40,100
Median Earnings
$1,449
Median Rent
$239,700
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Volusia County, FL
Properties on Market for Medical Office Space in Volusia County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated interiors and monument signage support medical and professional office use along US 17-92.
Where is this medical office space located?
The property is located at 1495 S Volusia Avenue Orange City, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 10,304‑square‑foot, two‑story medical office building; 0.65‑acre site with frontage on US 17‑92; Built in 1990 and renovated
