Creative Space with Studio
For Sale
$550,000
2250 N VOLUSIA Avenue, Orange City, FL 32763
Commercial Sale, ORANGE CITY, FL
Property Size1,568 SF
Lot Size0.73 Acres
Price / SF$350.77
Days on Market48
Property Features for 2250 N VOLUSIA Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
01R4
Directions
Starting from US-17/92 (also known as Volusia Avenue) toward Orange City. Head north on US-17/92. The destination will be on your right.
Subdivision
32763 - Orange City
Standard status
Active
APN
8002-00-00-0300
Size
1,568 SF
Lot size
0.73 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
2-18-30 E 269 FT OF W 437 FT E OF HWY OF S 118 FT OF N 1017 FT OF W 1/2 OF GOVT LOT 2 PER OR 4365 PG 1856 PER OR 7280 PG 2811
Tax Annual Amount
3284
Legal Description
2-18-30 E 269 FT OF W 437 FT E OF HWY OF S 118 FT OF N 1017 FT OF W 1/2 OF GOVT LOT 2 PER OR 4365 PG 1856 PER OR 7280 PG 2811
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1990
Building materials
Stucco, Wood Siding
Roof type
Metal
Listing Agency:
CENTURY 21 ALTON CLARK · Century 21 Real Estate
(407) 636-4637
Listed By:
James Clark · License #3182327
(407) 575-7011
Added: Jul 9
Changed: Aug 24
Last Checked: Aug 25 at 8:06AM
MLS# O6423471
Copyright © 2026 Stellar MLS. 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 1,568-square-foot creative space occupies a 0.73-acre commercial site at 2250 N Volusia Avenue in Orange City. The 1990 building includes multiple acoustically treated rooms, dedicated studio and production areas, adaptable workspaces, a full kitchen with refrigerator and sink, and a restroom. Central heating and central air support the interior, which features stucco and wood siding construction beneath a metal roof.
The property is zoned 01R4 and is positioned just off N. Volusia Avenue in Orange City, Florida. Its configuration is suited to recording, podcasting, video production, photography, streaming, digital marketing, creative agency operations, professional office use, consulting, or a private business headquarters, subject to zoning and buyer verification. The site also provides room for expansion, additional parking, outdoor workspace, or other improvements.
The property is zoned 01R4 and is positioned just off N. Volusia Avenue in Orange City, Florida. Its configuration is suited to recording, podcasting, video production, photography, streaming, digital marketing, creative agency operations, professional office use, consulting, or a private business headquarters, subject to zoning and buyer verification. The site also provides room for expansion, additional parking, outdoor workspace, or other improvements.
Key Highlights
- 1,568 SF creative space on a 0.73‑acre commercial site
- Multiple acoustically treated rooms with dedicated studio and production areas
- Full kitchen with refrigerator and sink, plus restroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,496
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$469,920
$469.9K
Cap Rate 7%
$335,657
$335.7K
Cap Rate 9%
$261,067
$261.1K
Market Conditions
NOI Build-Up for 1,568 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$33.9K $21.60/SF
− Vacancy
−$2.5K −$1.62/SF
EGI
$31.3K $19.98/SF
− OpEx
−$7.8K −$5.00/SF
NOI
$23.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$469,920
Cap Rate 7%
$335,657
Cap Rate 9%
$261,067
Alternative Uses
Best Use
Office B
$335.7K
$293.7K – $391.6K
NOI $23,496 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.3K
$404.6K – $539.4K
NOI $32,364 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 32763, FL
23,391
Population
11,897
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
20.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$64,022
Median Household Income
$40,100
Median Earnings
$1,449
Median Rent
$239,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Creative space - Flexible commercial interior includes treated rooms, production areas, kitchen, restroom, and adaptable work areas.
Where is this creative space located?
The property is located at 2250 N VOLUSIA Avenue Orange City, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,568 SF creative space on a 0.73‑acre commercial site; Multiple acoustically treated rooms with dedicated studio and production areas; Full kitchen with refrigerator and sink, plus restroom
