Home Dialysis Training
For Sale
Contact for pricing
3881 S NOVA RD, Port Orange, FL 32117
Dedicated home dialysis training facility with four patient stations and four private training stations.
Property Size5,380 SF
Price / SF$373.48
Days on Market89
Property Features for 3881 S NOVA RD
General Information
Standard status
Active
Size
5,380 SF
Class
A
Property subtype
Office
Occupancy
100%
Lease Type
NN
Net Operating Income
$133,621
Building Details
Year Built
2021
Stories
1
Units
12
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Blake Tagmyer · License #CA 01912759
(858) 558-5670
Source:
Crexi
Added: Jun 9
Changed: Sep 2
Last Checked: Sep 5 at 1:43PM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This property operates as a dedicated home dialysis training center for Fresenius Kidney Care, designed for clinical training and staff operations. The facility includes four patient stations, four private training stations in a separate room, a clinic manager office, a private nurse office, additional nurse station area, a conference room, and a staff lounge.
The asset is situated along South Nova Road near Dunlawton Avenue with convenient access to Interstate 95. It is also described as being near The Pavilion at Port Orange, a lifestyle and power retail center that includes Target, BJ’s Wholesale Club, Lowe’s, Marshalls, Ulta Beauty, and restaurants.
The layout supports private training and on-site staff administration within a purpose-built dialysis training environment.
The asset is situated along South Nova Road near Dunlawton Avenue with convenient access to Interstate 95. It is also described as being near The Pavilion at Port Orange, a lifestyle and power retail center that includes Target, BJ’s Wholesale Club, Lowe’s, Marshalls, Ulta Beauty, and restaurants.
The layout supports private training and on-site staff administration within a purpose-built dialysis training environment.
Key Highlights
- Dedicated home dialysis training facility built in 2021
- Includes 4 patient stations and 4 private training stations in a separate room
- Clinic includes clinic manager office, private nurse office, additional nurse station area, conference room, and staff lounge
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
$80,619
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
4.01%
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%
$1,612,380
$1.6M
Cap Rate 7%
$1,151,700
$1.2M
Cap Rate 9%
$895,767
$895.8K
Market Conditions
NOI Build-Up for 5,380 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
$116.2K $21.60/SF
− Vacancy
−$8.7K −$1.62/SF
EGI
$107.5K $19.98/SF
− OpEx
−$26.9K −$5.00/SF
NOI
$80.6K $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%
$1,612,380
Cap Rate 7%
$1,151,700
Cap Rate 9%
$895,767
Alternative Uses
Best Use
Office B
$1.15M
$1.01M – $1.34M
NOI $80,619 @ 7.0% cap · market cap 4.01%
Second Best
Healthcare Medical
$1.12M
$978.3K – $1.30M
NOI $78,266 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,043 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical center - Dedicated home dialysis training facility with four patient stations and four private training stations.
Where is this medical center located?
The property is located at 3881 S NOVA RD Port Orange, FL.
What is the asking price?
The asking price for this property is $2,009,334.
What are key features of this property?
This property features: Dedicated home dialysis training facility built in 2021; Includes 4 patient stations and 4 private training stations in a separate room; Clinic includes clinic manager office, private nurse office, additional nurse station area, conference room, and staff lounge
