Multi-Level Office
New
For Sale
$4,900,000
301-801 W Granada Blvd, Ormond Beach, FL 32174
Elevator-served offices include private work areas, conference rooms, reception, and open administrative space.
Property Size29,395 SF
Lot Size0.90 Acres
Price / SF$166.70
Days on Market2
Property Features for 301-801 W Granada Blvd
General Information
Standard status
Active
Size
29,395 SF
Total Parking Spaces
59
Elevators
Yes
Lot size
0.90 Acres
Zoning
B-1/13B1
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$36,550
Amenities
private and executive offices
conference rooms
reception
administrative and open work areas
Building Details
Buildings
1
Building Size
29,395 SF
Listing Agency:
RE/MAX SIGNATURE
(386) 236-0760
Listed By:
Mike Fiscina, PA
(386) 314-8001
Source:
Exprealty
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 7 at 2:16PM
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 RE/MAX SIGNATURE
Investment Insights
Based on property information with market context.
This multi-level office property in Ormond Beach provides 29,395 square feet of total building area, including 16,406 square feet of net leasable area, on approximately 0.90 acres. Its layout combines private and executive offices with conference rooms, reception, administrative areas, and open workspaces. Building features include elevator service, 10 restrooms, and approximately 59 shared parking spaces, some covered. The property has undergone substantial investment and improvements and carries B-1/13B1 zoning.
The property is situated along the SR 40 commercial corridor, with access to I-95, US-1, beachside Ormond Beach, and the greater Daytona Beach market. Hamlin & Associates is an established anchor tenant. Lease, income, and expense information is available to qualified purchasers.
The property is situated along the SR 40 commercial corridor, with access to I-95, US-1, beachside Ormond Beach, and the greater Daytona Beach market. Hamlin & Associates is an established anchor tenant. Lease, income, and expense information is available to qualified purchasers.
Key Highlights
- 29,395 SF total building area, including 16,406 SF of net leasable area
- Approximately 0.90 acres
- Multi‑level professional office layout with private and executive offices, conference rooms, reception, and open work areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$440,484
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,809,680
$8.8M
Cap Rate 7%
$6,292,629
$6.3M
Cap Rate 9%
$4,894,267
$4.9M
Market Conditions
NOI Build-Up for 29,395 SF
Gross rent
$634.9K $21.60/SF
− Vacancy
−$47.6K −$1.62/SF
EGI
$587.3K $19.98/SF
− OpEx
−$146.8K −$5.00/SF
NOI
$440.5K $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 Rate 5%
$8,809,680
Cap Rate 7%
$6,292,629
Cap Rate 9%
$4,894,267
Alternative Uses
Best Use
Office B
$6.29M
$5.51M – $7.34M
NOI $440,484 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.67M
$7.58M – $10.11M
NOI $606,713 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Elevator-served offices include private work areas, conference rooms, reception, and open administrative space.
Where is this office building located?
The property is located at 301-801 W Granada Blvd Ormond Beach, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 29,395 SF total building area, including 16,406 SF of net leasable area; Approximately 0.90 acres; Multi‑level professional office layout with private and executive offices, conference rooms, reception, and open work areas
