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    New Industrial Flex Spaces Available Title is generated by Realmo AI

    4451 Eastport Parkway, Port Orange, FL 32127

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    New
    For Lease
    $3,600/Mo $1.96 SF/Yr (calc)

    COMMERCIAL - Port Orange, FL

    Property size:
    22,000 SF
    Lot size:
    1.73 Acres
    Added:
    May 13, 2026
    Days on Market:
    4
    Last Refresh:
    May 16 at 4:06 pm

    Property Features for 4451 Eastport Parkway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Bathrooms
    5
    Rooms
    Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 3
    Parking features
    Parking Lot
    Security features
    Security Lighting
    Standard status
    Active
    APN
    6310-31-00-009A
    Size
    22,000 SF
    Lot size
    1.73 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    LOT 9-A EASTPORT BUSINESS PARK REPLAT MB 55 PGS 32-33 PER OR 8003 PG 4669
    Tax Annual Amount
    4022

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Separate Meters, Electric
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Concrete
    Building materials
    Concrete

    We can help!

    Listing Contact
    Steve Casserly

    Listing agent Steve Casserly

    Listing office Keller Williams Realty Florida Partners 3510 S Nova Rd Suite 112, Port Orange, FL

    Listing date May 13, 2026

    MLS# 1226475

    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.

    HighLights

    • Brand‑new, modern Class A industrial flex spaces.
    • Excellent access to major State Roads, I‑4, and I‑95.
    • Benefit from 25' clear ceiling heights and 14' high x 12' wide bay doors.
    • Fully air‑conditioned/heated units with private office area and ADA‑compliant restroom.
    • Ability to accommodate semi‑truck access and circulation.
    • Fire sprinkler system and high‑efficiency impact glass.

    Overview

    Brand-new industrial flex spaces are available for lease, ranging in size from 2,700 to 13,500 square feet. This modern Class A development features 25-foot clear ceiling heights, 14-foot high by 12-foot wide bay doors, separate utility meters, a fire sprinkler system, and high-efficiency impact glass. The fully air-conditioned and heated units each include a private office area and an ADA-compliant restroom. The site, situated on a 1.73-acre lot, offers 42 parking spaces and can accommodate semi-truck access and circulation. The property is suitable for contractors, light manufacturing, warehouse/storage, distribution, and service-related businesses. Its location provides excellent access to major State Roads, I-4, and I-95, facilitating efficient regional connectivity. The property is located in Port Orange, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Amber's Jewel Catering — 413 Oak Pl # 6E, Port Orange, FL 32127

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.988259
    Latitude
    29.1308727

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    FAQs

    What type of property is this?
    Flex space - Modern Class A industrial flex spaces for lease in Port Orange.
    Where is this flex space located?
    The property is located at 4451 Eastport Parkway Port Orange, FL.
    What is the lease rate?
    The lease rate is $3,600 /Mo.
    What are key features of this property?
    This property features: Brand‑new, modern Class A industrial flex spaces.; Excellent access to major State Roads, I‑4, and I‑95.; Benefit from **25' clear ceiling heights and 14' high x 12' wide bay doors.**
    (386) 290-9590
    We can help!
    Listing Contact
    Steve Casserly
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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