Warehouse with Additional
For Sale
$1,350,000
300 S Yonge Street, Ormond Beach, FL 32174
The property offers on-site additional parking for commercial vehicle and storage needs.
Property Size8,000 SF
Days on Market15
Property Features for 300 S Yonge Street
General Information
Standard status
Active
Size
8,000 SF
Taxes and HOA fees
Annual Taxes
$4,484
Amenities
Storage
Additional Parking
Building Details
Building Size
8,000 SF
Year Built
1973
Stories
1
Listing Agency:
Shoreline Realty
Listed By:
Matthew McLean · License #3342557
(386) 585-5571
Source:
Evrealestate
Added: Sep 29
Changed: Oct 13
Last Checked: Oct 12 at 7:21PM
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 Shoreline Realty
Investment Insights
Based on property information with market context.
This warehouse property was built in 1973 and includes additional parking. The available property details identify no other interior features.
The site is at 300 S Yonge Street in Ormond Beach, between Division and Hand along Yonge Street.
The site is at 300 S Yonge Street in Ormond Beach, between Division and Hand along Yonge Street.
Key Highlights
- Built in 1973
- Additional parking available
- On S Yonge Street between Division and Hand in Ormond Beach
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,342
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,840
$1.3M
Cap Rate 7%
$919,171
$919.2K
Cap Rate 9%
$714,911
$714.9K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$79.7K $9.96/SF
− Vacancy
−$4.0K −$0.50/SF
EGI
$75.7K $9.46/SF
− OpEx
−$11.4K −$1.42/SF
NOI
$64.3K $8.04/SF
Area
Volusia County, FL
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,840
Cap Rate 7%
$919,171
Cap Rate 9%
$714,911
Alternative Uses
Best Use
Warehouse
$919.2K
$804.3K – $1.07M
NOI $64,342 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,120 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Self Storage — 610 S Yonge St, Ormond Beach, FL 32174
- Public Storage — 610 S Yonge St, Ormond Beach, FL 32174
- All Aboard Storage — 534 S Yonge St, Ormond Beach, FL 32174
- All Aboard Storage — 321 Hand Ave, Ormond Beach, FL 32174
- Best American Storage — 11 Coolidge Ave, Ormond Beach, FL 32174
Frequently Asked Questions
What type of property is this?
Warehouse - The property offers on-site additional parking for commercial vehicle and storage needs.
Where is this warehouse located?
The property is located at 300 S Yonge Street Ormond Beach, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Built in 1973; Additional parking available; On S Yonge Street between Division and Hand in Ormond Beach
