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Two-Building Manufacturing Property

4 & 6 Aviator Way, Ormond Beach, FL 32174

For Sale
$5,950,000

Commercial Sale, Ormond Beach, FL

Property Size22,500 SF
Lot Size2.00 Acres
Price / SF$264.44
Days on Market185

Property Features for 4 & 6 Aviator Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 5, Bathroom 6, Bathroom 7, Bathroom 3
Parking features Parking Lot
Subdivision Not on the List
Lot features Few Trees
Directions From US1 and Airport Road, West on Airport Road, Right onto Sunshine Blvd, Right onto Signal Ave, Left onto Aviator Way.
Standard status Active
APN 4218-01-00-0190
Size 22,500 SF
Lot size 2.00 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Additional Details

Property Use Manufacturing

Taxes and HOA fees

Tax Year 2025
Tax Description 18-14-32 LOT 19 AIRPORT BUSINESS PARK PHASE I MB 39 PGS 136-137 INC PER OR 4865 PG 4555 PER OR 5609 PG 4706 Together with 18-14-32 LOT 18 AIRPORT BUSINESS PARK PHASE I MB 39 PGS 136-137 INC PER OR 5292 PG 0829 PER OR 7375 PG 0545 PER OR 7910 PG 1303
Tax Annual Amount 13944
Legal Description 18-14-32 LOT 19 AIRPORT BUSINESS PARK PHASE I MB 39 PGS 136-137 INC PER OR 4865 PG 4555 PER OR 5609 PG 4706 Together with 18-14-32 LOT 18 AIRPORT BUSINESS PARK PHASE I MB 39 PGS 136-137 INC PER OR 5292 PG 0829 PER OR 7375 PG 0545 PER OR 7910 PG 1303

Utilities

Sewer type Public Sewer
Cooling system Other (Cooling)
Water source Public

Building Details

Year built 1991
Floors in Building 1
Number of units 2
Flooring type Concrete
Building materials Frame, Metal Siding
Roof type Metal
Buildings 3
Listing Agency: Realty Pros Assured
Listed By: Sheriff Guindi · License FL #0404567
Added: May 12 Changed: Oct 27 Last Checked: Nov 12 at 7:06AM
MLS# 1226330

Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This manufacturing property comprises two adjacent warehouse buildings on separate one-acre parcels within the Ormond Beach Airport Business Park. The larger building contains approximately 12,750 square feet with five roll-up doors, four bathrooms, ten offices, and two showrooms. The second warehouse provides approximately 9,000 square feet, supplemented by a freestanding 750-square-foot building, with three bathrooms, four offices, and a showroom. Both buildings have new metal roofs, 400-amp electrical service, concrete floors, parking lots, public water, and public sewer.

The sale includes an established custom cabinetry and stonework operation, its business names, goodwill, scheduled project pipeline, and extensive specialized equipment. Improvements include forklifts, a CNC machine, Edgebander, Homag Panel Saw, Baca saw, Robo SawJet with dual tables, stone fabrication equipment, filtration systems, and an interior crane. The operation is supported by 19 long-term employees, and the owner may assist with transition for up to six months.

Key Highlights

  • Two adjacent warehouse buildings on separate one‑acre parcels
  • Approximately 22,500 square feet across the two warehouses and 750‑square‑foot auxiliary building
  • Five roll‑up industrial garage doors, 14 offices, and seven bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$180,961
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,619,220 $3.6M
Cap Rate 7%
$2,585,157 $2.6M
Cap Rate 9%
$2,010,678 $2.0M
Market Conditions
NOI Build-Up for 22,500 SF
Gross rent
$224.1K $9.96/SF
− Vacancy
−$11.2K −$0.50/SF
EGI
$212.9K $9.46/SF
− OpEx
−$31.9K −$1.42/SF
NOI
$181.0K $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%
$3,619,220
Cap Rate 7%
$2,585,157
Cap Rate 9%
$2,010,678

Alternative Uses

Best Use
Warehouse
$2.59M
$2.26M – $3.02M (±1% cap)
NOI $180,961 @ 7.0% cap · market cap 3.04%
Second Best
Industrial
$1.91M
$1.67M – $2.23M (±1% cap)
NOI $133,954 @ 7.0% cap · market cap 2.25%
Theoretical Best
Office A
$6.63M
$5.81M – $7.74M (±1% cap)
NOI $464,400 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Carters Cabinetry General Contractor Jay’s Jumpstarts Auto Repair Shop Kitchen Systems, Inc Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Office units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial campus with office, showroom, production, and warehouse improvements in a non-HOA business park.
Where is this manufacturing property located?
The property is located at 4 & 6 Aviator Way Ormond Beach, FL.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Two adjacent warehouse buildings on separate one‑acre parcels; Approximately 22,500 square feet across the two warehouses and 750‑square‑foot auxiliary building; Five roll‑up industrial garage doors, 14 offices, and seven bathrooms
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