Office Unit with
For Sale
$299,000
1976 N Nova Road, Holly Hill, FL 32117
Commercial Sale, Holly Hill, FL
Property Size1,116 SF
Lot Size0.24 Acres
Price / SF$267.92
Days on Market51
Property Features for 1976 N Nova Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot, Driveway
Fencing
Chain Link
Subdivision
Highland Park
Directions
Nice lot for small business operation including contractors, retail, personal services, etc. The small lot on the north side of property is not included in the sale. North of Flomich one block +/- on West side of road.
Standard status
Active
APN
4242-19-01-0200
Size
1,116 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
42-14-32 LOTS 20 & 21 EXC PART IN HWY BLK 1 HIGHLAND PARK FITCH GRANT DB 542 PG 30 MB 10 PG 64 PER OR 5345 PG 2487 PER OR 8196 PG 0260 PER OR 8706 PG 3535 PER OR 8785 PG 1340
Tax Annual Amount
1825
Legal Description
42-14-32 LOTS 20 & 21 EXC PART IN HWY BLK 1 HIGHLAND PARK FITCH GRANT DB 542 PG 30 MB 10 PG 64 PER OR 5345 PG 2487 PER OR 8196 PG 0260 PER OR 8706 PG 3535 PER OR 8785 PG 1340
Utilities
Sewer type
Public Sewer
Heating system
Central
Building Details
Year built
1956
Floors in Building
1
Number of units
1
Building materials
Aluminum Siding
Roof type
Aluminum
Listing Agency:
Coldwell Banker Commercial Benchmark
(386) 672-8530
Listed By:
Darrel Bofamy · License #3206656
(386) 795-7060
Added: Aug 24
Changed: Oct 2
Last Checked: Oct 13 at 6:06PM
MLS# 1230017
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.
Investment Insights
Based on property information with market context.
This 1,116-square-foot office unit was built in 1956 and offers a layout identified for office or small-retail use. The building has aluminum siding, an aluminum roof, central heating, and one bathroom. Public sewer serves the property, with parking provided through a parking lot and driveway.
The property occupies 0.24 acres at 1976 N Nova Road in Holly Hill, Florida. A chain-link fence encloses the site. The sale excludes the small lot on the north end of the listing.
The property occupies 0.24 acres at 1976 N Nova Road in Holly Hill, Florida. A chain-link fence encloses the site. The sale excludes the small lot on the north end of the listing.
Key Highlights
- 1,116‑square‑foot office unit on 0.24 acres
- Identified for office or small‑retail use
- Built in 1956 with aluminum siding and roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,723
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,460
$334.5K
Cap Rate 7%
$238,900
$238.9K
Cap Rate 9%
$185,811
$185.8K
Market Conditions
NOI Build-Up for 1,116 SF
Gross rent
$24.1K $21.60/SF
− Vacancy
−$1.8K −$1.62/SF
EGI
$22.3K $19.98/SF
− OpEx
−$5.6K −$5.00/SF
NOI
$16.7K $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%
$334,460
Cap Rate 7%
$238,900
Cap Rate 9%
$185,811
Alternative Uses
Best Use
Office B
$238.9K
$209.0K – $278.7K
NOI $16,723 @ 7.0% cap · market cap 5.59%
Second Best
Retail
$150.2K
$131.4K – $175.2K
NOI $10,511 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$329.1K
$287.9K – $383.9K
NOI $23,034 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Central heating, public sewer, and on-site parking support the property’s office or small-retail configuration.
Where is this office units located?
The property is located at 1976 N Nova Road Holly Hill, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,116‑square‑foot office unit on 0.24 acres; Identified for office or small‑retail use; Built in 1956 with aluminum siding and roof
