Independent Pharmacy with Real
2583 S Volusia Ave 100 Orange City, FL 32763
For Sale
Contact for pricing
Acquire an established independent pharmacy business together with the underlying commercial property.
Property Size2,788 SF
Price / SF$356.89
Days on Market50
Property Features for 2583 S Volusia Ave 100
General Information
- Standard status
- Active
- Size
- 2,788 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing Agency:
Coldwell Banker Commercial AI Group
(386) 456-6653
Listed By:
John Wanamaker · License #FL
Source:
Crexi
Added: Jun 4
Changed: Jul 23
Last Checked: Jul 23 at 11:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial AI Group
Investment Insights
Based on property information with market context.
Accardi Pharmacy offers an opportunity to acquire a well-established independent pharmacy along with the underlying real estate in Orange City, Florida. The sale includes the pharmacy business and goodwill, as well as furniture, fixtures, and equipment associated with operations, plus ownership of the property where it operates.
The property is described as being in a highly visible location with convenient access and ample parking, with a functional layout designed for pharmacy use.
The listing positions the offering for continued operation, with the combined purchase of business and real estate intended to give the buyer control of both the operating pharmacy and the premises.
The property is described as being in a highly visible location with convenient access and ample parking, with a functional layout designed for pharmacy use.
The listing positions the offering for continued operation, with the combined purchase of business and real estate intended to give the buyer control of both the operating pharmacy and the premises.
Key Highlights
- Established independent pharmacy business with the underlying commercial real estate in Orange City, FL
- Includes pharmacy business, goodwill, and furniture, fixtures, and equipment
- Real estate ownership lets the buyer control both the operating pharmacy and the property it occupies
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.2k | $21.96 |
| − Vacancy | −$4.8k | −$1.71 |
| EGI | $56.4k | $20.25 |
| − OpEx | −$14.1k | −$5.06 |
| NOI | $42.3k | $15.19 |
2,788 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$604.8K
$529.2K – $705.6K
NOI $42,337 @ 7.0% cap · market cap 4.25%
Second Best
Retail
$375.1K
$328.2K – $437.7K
NOI $26,259 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$822.1K
$719.3K – $959.1K
NOI $57,544 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Accardi Clinical Pharmacy
Pharmacy
Dr. Tricia B. ...
Physician
Garcia Myrna A MD
Physician
Grable Michael S ...
Physician
Atlantic Urological Associates
Physician
Similar Off Market Nearby
- Remedy in Design — 2237 Oak Hill Dr, DeLand, FL 32720
FAQs
What type of property is this?
Drug store - Acquire an established independent pharmacy business together with the underlying commercial property.
Where is this drug store located?
The property is located at 2583 S Volusia Ave 100 Orange City, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Established independent pharmacy business with the underlying commercial real estate in Orange City, FL; Includes pharmacy business, goodwill, and furniture, fixtures, and equipment; Real estate ownership lets the buyer control both the operating pharmacy and the property it occupies
