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    Retail Space in WestPort Square Title is generated by Realmo AI

    1646 Taylor Road, Port Orange, FL 32128

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    Claim this Listing
    For Lease
    $6,312/Mo $1.18 SF/Yr (calc)

    COMMERCIAL - Port Orange, FL

    Type:Retail
    Property size:
    64,018 SF
    Lot size:
    9.66 Acres
    Added:
    Oct 29, 2025
    Days on Market:
    198
    Last Refresh:
    May 14 at 7:06 pm

    Property Features for 1646 Taylor Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    6319-15-00-0010
    Size
    64,018 SF
    Lot size
    9.66 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 1 EXC S 30 FT OF N 281.42 FT OF E 30 FT ON & W OF WILLIAMSON BLVD WESTPORT SQUARE PCD PHASE I MB 45 PGS 9-10 INC PER OR 4075 PGS 0869-0871 INC PER OR 6917 PG 4710
    Tax Annual Amount
    139679

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1994
    Floors in Building
    1
    Building materials
    Block, Concrete, Stucco

    We can help!

    Listing Contact
    Diane Larsen
    Diane Larsen

    Listing agent Diane Larsen License #3324691

    Listing office Tri-Square Realty, Inc. 275 Clyde Morris Blvd, Ormond Beach, FL

    Listing date Oct 29, 2025

    MLS# 1219439

    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

    • Publix‑anchored retail center featuring a top 20 Publix store nationally.
    • Prime corner location in the heart of Port Orange.
    • Abundant parking with 485 spaces available.
    • Adjacent to Kohl's Department Store.
    • Existing co‑tenants include national and local businesses.
    • Monument sign visibility available.

    Overview

    WestPort Square is a retail strip center anchored by a Publix supermarket, situated in Port Orange. The center benefits from a high-performing Publix location, recognized as one of the top 20 stores nationwide. Located on a prime corner, the retail center features abundant parking with 485 spaces. The property is adjacent to a Kohl's Department Store to the west. The center is home to 10 co-tenants, including Publix Liquor, The UPS Store, Hair Cuttery, The Joint Chiropractic, Subway, HIG Insurance, Flapjacks & More, Aqua Nail Spa, and China Chef. The property offers the opportunity for monument signage. The property is located in Volusia County, Florida, with a total lot size of 9.66 acres. The retail center has a property size of 64018 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -81.0331811
    Latitude
    29.1061873

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    FAQs

    What type of property is this?
    Strip mall - Publix-anchored retail strip center with high visibility and ample parking.
    Where is this strip mall located?
    The property is located at 1646 Taylor Road Port Orange, FL.
    What is the lease rate?
    The lease rate is $6,312 /Mo.
    What are key features of this property?
    This property features: Publix‑anchored retail center featuring a top 20 Publix store nationally.; Prime corner location in the heart of Port Orange.; Abundant parking with 485 spaces available.
    (386) 451-1988
    We can help!
    Listing Contact
    Diane Larsen
    Diane Larsen
    Real Estate License ID: 3324691
    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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