Renovated Flex Space with Two
153 US 1, Oak Hill, FL 32759
For Sale
$575,000
Commercial Sale, Oak Hill, FL
Property Size1,855 SF
Lot Size1.55 Acres
Price / SF$309.97
Days on Market513
Property Features for 153 US 1
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking features
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Dalton Wade Inc.
(888) 668-8283
Listed By:
Linda Castro · License FL #3392783
(978) 804-9232
Added: Jun 18, 2025
Changed: Oct 27
Last Checked: Nov 12 at 7:06AM
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.
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Investment Insights
Based on property information with market context.
This 1,855-square-foot flex property, built in 1971, offers two 28-by-17-foot work bays, a 12-by-14-foot office, and two bathrooms. The building has undergone extensive renovation, including a new metal roof, impact windows, interior and exterior paint, stucco, hardboard siding, flooring, updated electrical and plumbing fixtures, and a new back porch. The well, water pump, water lines, and septic system were also replaced.
The property has direct access to US Highway 1 and accommodates multiple parking configurations, including a parking lot, garage, off-street spaces, assigned parking, and RV parking. The combination of flexible bay space, dedicated office area, and upgraded building systems supports a range of commercial and light industrial uses.
The property has direct access to US Highway 1 and accommodates multiple parking configurations, including a parking lot, garage, off-street spaces, assigned parking, and RV parking. The combination of flexible bay space, dedicated office area, and upgraded building systems supports a range of commercial and light industrial uses.
Key Highlights
- 1,855 SF flex property with two 28 x 17 work bays
- 12 x 14 office and two bathrooms
- Direct US Highway 1 access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,918
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,360
$418.4K
Cap Rate 7%
$298,829
$298.8K
Cap Rate 9%
$232,422
$232.4K
Market Conditions
NOI Build-Up for 1,855 SF
Gross rent
$35.2K $18.96/SF
− Vacancy
−$3.0K −$1.61/SF
EGI
$32.2K $17.35/SF
− OpEx
−$11.3K −$6.07/SF
NOI
$20.9K $11.28/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,360
Cap Rate 7%
$298,829
Cap Rate 9%
$232,422
Alternative Uses
Best Use
Flex RnD
$298.8K
$261.5K – $348.6K
NOI $20,918 @ 7.0% cap · market cap 3.64%
Second Best
Industrial
$157.8K
$138.1K – $184.1K
NOI $11,044 @ 7.0% cap · market cap 1.92%
Theoretical Best
Office A
$547.0K
$478.6K – $638.1K
NOI $38,287 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32759, FL
2,951
Population
1,471
Households
2
Avg Household Size
56
Median Age
15%
College-Educated
86%
High-School Grad
48.7 sq mi
ZIP Area
61
Density / Sq Mi
$61,968
Median Household Income
$38,929
Median Earnings
$1,316
Median Rent
$266,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Volusia County, FL
Properties on Market for Flex space in Volusia County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Updated commercial property with US Highway 1 access, office space, bathrooms, and on-site parking.
Where is this flex space located?
The property is located at 153 US 1 Oak Hill, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,855 SF flex property with two 28 x 17 work bays; 12 x 14 office and two bathrooms; Direct US Highway 1 access
