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    Renovated Commercial Property on US-1 Title is generated by Realmo AI

    153 US 1, Oak Hill, FL 32759

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    Claim this Listing
    For Sale
    $590,000

    COMMERCIAL - Oak Hill, FL

    Property size:
    1,855 SF
    Lot size:
    1.55 Acres
    Price / SF:
    $318/SF
    Added:
    Jun 18, 2025
    Days on Market:
    331
    Last Refresh:
    May 14 at 6:06 pm

    Property Features for 153 US 1

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    RV, Garage, Off Street, Assigned, Parking Lot
    Standard status
    Active
    APN
    950802000320
    Size
    1,855 SF
    Lot size
    1.55 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    8-19-35 ALL SOMERSET SUB MB 9 PG 226 EXC N 300 FT AKA PART O F LOTS 32 & 33 SUB W 1/2 OF N W 1/4 & INC VACATED ST PER OR 4 810 PGS 2162 PER OR 7561 PG 2343 PER OR 8079 PG 2672
    Tax Annual Amount
    4038

    Building Details

    Year built
    1971
    Floors in Building
    1
    Number of units
    1

    We can help!

    Listing Contact
    Linda Castro

    Listing agent Linda Castro

    Listing office Dalton Wade Inc. 260 1st Avenue S Suite 200, St. Petersburg, FL

    Listing date Jun 18, 2025

    MLS# 1214701

    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.

    HighLights

    • Totally renovated and upgraded with new well, septic, floors, walls, bathrooms, tile, sinks, plumbing, and electrical.
    • Seller financing available.
    • Two bays (28 X 17 each side) with two bathrooms (one inside, one outside with shower).
    • Direct US Highway 1 access with plenty of parking, including RV parking, on 1.5 +/- acres.
    • New metal roof, impact windows, stucco, paint, hardboard siding, and back porch.
    • 12 X 14 office ready to go.

    Overview

    This totally renovated and upgraded commercial property is located in Oak Hill, Volusia County, Florida. The property features a 12 x 14 office ready for immediate use, along with two bays, each measuring 28 x 17. There are two bathrooms, including a full bathroom with a shower accessible from both inside and outside. Situated on 1.55 +/- acres with direct access to US Highway 1, the property offers ample parking. Recent renovations include a new metal roof, columns, back porch, stucco, interior and exterior paint, hardboard siding, and flooring. The plumbing has been updated with new lines under the slab, a totally replaced septic tank, a new water pump, and new water lines. Additional upgrades include new impact windows, updated electrical systems, and new plumbing and electrical fixtures. The property's location in Oak Hill positions it within one of the most rapidly growing areas in Volusia County. The building size is 1855 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • 2 Chick Tire — 308 E Halifax Ave, Oak Hill, FL 32759
    • Street Rods Unlimited — 142 US-1, Oak Hill, FL 32759
    • Brian Tumblin's Screen-Repair — 139 maple st, oak hill, fl 32759
    • JW Automotive — 123 US-1, Oak Hill, FL 32759

    Location Insight

    • Map
    • Local Demand
    City
    Oak Hill
    County
    Volusia
    State
    Florida
    Longitude
    -80.850905
    Latitude
    28.861891

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    FAQs

    What type of property is this?
    Auto shop - Completely renovated commercial property with highway access in rapidly growing area.
    Where is this auto shop located?
    The property is located at 153 US 1 Oak Hill, FL.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: Totally renovated and upgraded with new well, septic, floors, walls, bathrooms, tile, sinks, plumbing, and electrical.; Seller financing available.; Two bays (28 X 17 each side) with two bathrooms (one inside, one outside with shower).
    (978) 804-9232
    We can help!
    Listing Contact
    Linda Castro
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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