Income-Producing Retail/Office Building on
For Sale
Contact for pricing
325 South Yonge Street, Ormond Beach, FL 32174
Fully leased retail/office building with prime US-1 frontage.
Property Size2,704 SF
Price / SF$216.35
Days on Market151
Property Features for 325 South Yonge Street
General Information
Standard status
Active
Size
2,704 SF
Property subtype
Retail
Zoning
Commercial
Lease Type
Gross
Investment Type
Owner/User
Building Details
Year Built
1958
Units
2
Tenancy
Multi
Listing Agency:
Purucker Real Estate
Listed By:
Dayanis Purucker · License #3366027
(386) 315-4450
Source:
Crexi
Added: May 20
Changed: Oct 13
Last Checked: Oct 16 at 7:44AM
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 Purucker Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-tenant retail/office building is a fully leased, income-producing asset located on a commercial corridor. The concrete block building features two tenant suites with independent entrances and ample on-site parking. Current tenants include a State Farm insurance office and a neighboring retail/service suite. The property is situated directly on US Highway 1 at the signalized intersection of Division Avenue, with 21,000-23,000 vehicles passing daily. The location on US-1 attracts service tenants, professional offices, and retail businesses. The property is located in Ormond Beach, which is experiencing sustained population growth as part of the Daytona Beach MSA, with strong demand for neighborhood-serving commercial space. B-5 Service Commercial zoning allows a wide range of uses, giving future investors maximum flexibility for repositioning, re-tenanting, or long-term hold strategy. The property size is 2704 square feet.
Key Highlights
- Immediate 8% Cap Rate: Delivers a compelling return on investment.
- Fully Leased with Steady Cash Flow: Provides consistent, stabilized income.
- Prime US‑1 Frontage with High Traffic: Exceptional exposure with 21,000‑23,000 vehicles per day.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,468
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,360
$509.4K
Cap Rate 7%
$363,829
$363.8K
Cap Rate 9%
$282,978
$283.0K
Market Conditions
NOI Build-Up for 2,704 SF
Gross rent
$40.6K $15.00/SF
− Vacancy
−$4.2K −$1.55/SF
EGI
$36.4K $13.46/SF
− OpEx
−$10.9K −$4.04/SF
NOI
$25.5K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,360
Cap Rate 7%
$363,829
Cap Rate 9%
$282,978
Alternative Uses
Best Use
Retail
$363.8K
$318.4K – $424.5K
NOI $25,468 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$797.3K
$697.6K – $930.2K
NOI $55,811 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
689
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Fully leased retail/office building with prime US-1 frontage.
Where is this retail space located?
The property is located at 325 South Yonge Street Ormond Beach, FL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Immediate 8% Cap Rate: Delivers a compelling return on investment.; Fully Leased with Steady Cash Flow: Provides consistent, stabilized income.; Prime US‑1 Frontage with High Traffic: Exceptional exposure with 21,000‑23,000 vehicles per day.
