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Bakery Business with Equipped Facility

175 N Nova Road, Ormond Beach, FL 32174

For Sale
$190,000

Commercial Sale, Ormond Beach, FL

Property Size1,200 SF
Lot Size1.93 Acres
Price / SF$158.33
Days on Market340

Property Features for 175 N Nova Road

General Information

Property type Commercial Sale
Property subtype Retail
Parking features Parking Lot
Directions From LPGA & Nova Rd. Go N. to 175 S Nova Rd. Ormond Beach, Turn into Shopping Center By Fire Station
Subdivision 41 - LPGA to Granada, E of Nova
Standard status Active
APN 4221-01-05-0200
Size 1,200 SF
Lot size 1.93 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes

Taxes and HOA fees

Tax Description LOT 2 EXC N 16 FT & LOTS 3 TO 11 INC & LOTS 24 TO 33 INC EXCN 16 FT BLK G & W 50 FT LOT 2 EXC N 16 FT TO 11 INC BLK H & VAC LINCOLN AVE ADJ WASHINGTON PARK EXC R/W SR 5-A PER OR 5239 PG 2485
Legal Description LOT 2 EXC N 16 FT & LOTS 3 TO 11 INC & LOTS 24 TO 33 INC EXCN 16 FT BLK G & W 50 FT LOT 2 EXC N 16 FT TO 11 INC BLK H & VAC LINCOLN AVE ADJ WASHINGTON PARK EXC R/W SR 5-A PER OR 5239 PG 2485

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2006
Flooring type Concrete, Tile, Laminate
Listing Agency: Tonya Jane Larsh Real Estate Broker
Listed By: Tonya Jane Larsh · License #3382649
Added: Dec 5, 2025 Changed: Oct 27 Last Checked: Nov 9 at 7:06AM
MLS# 1220609

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This established bakery business operates from a 1,200-square-foot facility in Ormond Beach with laminate, tile, and concrete flooring, central heating, central air, a parking lot, public water, and public sewer. The sale includes bakery equipment and furnishings, inventory, recipes, the website, domain, social media accounts, and a delivery van subject to negotiation. An itemized equipment list is available through the offering process.

The business produces event cakes, cheesecakes, brownies, scones, pies, coffee, and lattes, while also serving weekly catering accounts. A transferable lease has 4 more years remaining. The owner will provide consultation, support, and training. The property is positioned along N Nova Road, with reported exposure to 29k cars daily, and the site encompasses 1.93 acres. The building was constructed in 2006.

Key Highlights

  • Established bakery business with equipment, furnishings, inventory, recipes, website, domain, and social media accounts
  • 1,200 square feet with laminate, tile, and concrete flooring
  • Transferable lease has 4 more years remaining

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,302
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,040 $226.0K
Cap Rate 7%
$161,457 $161.5K
Cap Rate 9%
$125,578 $125.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$18.0K $15.00/SF
− Vacancy
−$1.9K −$1.55/SF
EGI
$16.1K $13.46/SF
− OpEx
−$4.8K −$4.04/SF
NOI
$11.3K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,040
Cap Rate 7%
$161,457
Cap Rate 9%
$125,578

Alternative Uses

Best Use
Specialty Retail
$260.3K
$227.8K – $303.7K (±1% cap)
NOI $18,222 @ 7.0% cap · market cap 9.59%
Second Best
Retail
$161.5K
$141.3K – $188.4K (±1% cap)
NOI $11,302 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$353.8K
$309.6K – $412.8K (±1% cap)
NOI $24,768 @ 7.0% cap · market cap 13.04%
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
Open Analytics

Current Use

First Volusia Tag ... Vehicle Inspection Center MamaBare Sugaring Studio ... Hair Salon Gloss Beauty Bar Hair Salon Permanent Cosmetics Spa & Massage Center Infusion Salt Spa Spa & Massage Center

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Repair Shop HVAC Service Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

29,000 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,283
Businesses Nearby
153k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Groceries 24% Shops & Services 17% Superstores 13%
Publix Groceries
36,795 visits/mo 0.4 miles
McDonald's Dining
29,125 visits/mo 0.2 miles
Big Lots Superstores
19,676 visits/mo 0.2 miles
Dunkin' Donuts Dining
13,896 visits/mo 0.4 miles
Dollar Tree Shops & Services
6,873 visits/mo 0.2 miles

Demographics for 32174, FL

53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Conventional restaurants in Volusia County, FL

$367 Jul
$362 Aug
$465 Sep
$468 Oct

Properties on Market for Conventional restaurants in Volusia County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating food-service business includes daily production, catering relationships, recipes, digital assets, and a transferable lease.
Where is this conventional restaurant located?
The property is located at 175 N Nova Road Ormond Beach, FL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Established bakery business with equipment, furnishings, inventory, recipes, website, domain, and social media accounts; 1,200 square feet with laminate, tile, and concrete flooring; Transferable lease has 4 more years remaining
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