Freestanding Flex Retail
484 S Yonge Street Ormond Beach, FL 32174
New
484 S Yonge Street, Ormond Beach, FL, 32174
$777,000
For Sale
$777,000
COMMERCIAL - Ormond Beach, FL
Property Size4,513 SF
Lot Size0.27 Acres
Price / SF$172.17
Days on Market3
Property Features for 484 S Yonge Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking features
- Off Street, Parking Lot
- Standard status
- Active
- APN
- 424210030180
- Size
- 4,513 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 18 19 & 45 BLK 3 RIO VISTA GARDENS MB 9 PGS 37 & 38 PER OR 3958 PG 3769 PER OR 7514 P G 0930
- Tax Annual Amount
- 5487
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Block, Wood Siding
- Roof type
- Shingle
Listing agency
Adams, Cameron & Co., Realtors
(386) 258-5500
Listed by
Richard McNerney
(386) 679-5037
Added: Jul 20 Updated: Jul 22 at 12:54PM Checked: Jul 22 at 7:06PM
MLS# 1228889
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.
Investment Insights
Based on property information with market context.
Freestanding 4,513 SF commercial building built with durable concrete and masonry construction. The space is arranged for flexibility, combining a 1,595 SF storefront area, 2,396 SF warehouse area, and a 24' x 30' industrial garage. The garage is served by 600-amp power, suited to equipment-heavy or technical operations.
The property is located on high-visibility US-1 in Ormond Beach and sits on 0.27 acres with 12 parking spaces. B-5 zoning is noted as supporting a wide range of uses.
Overall, the layout supports multiple commercial functions under one roof, pairing retail-facing space with warehouse storage and an oversized garage component.
The property is located on high-visibility US-1 in Ormond Beach and sits on 0.27 acres with 12 parking spaces. B-5 zoning is noted as supporting a wide range of uses.
Overall, the layout supports multiple commercial functions under one roof, pairing retail-facing space with warehouse storage and an oversized garage component.
Key Highlights
- Freestanding 4,513 SF commercial building on high‑visibility US‑1 in Ormond Beach
- Durable concrete/masonry and wood siding construction with concrete flooring and shingle roof
- Flexible layout with 1,595 SF storefront, 2,396 SF warehouse, and a 24' x 30' industrial garage
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.6k | $18.96 |
| − Vacancy | −$7.3k | −$1.61 |
| EGI | $78.3k | $17.35 |
| − OpEx | −$27.4k | −$6.07 |
| NOI | $50.9k | $11.28 |
4,513 SF · lease $18.96/SF/yr · vacancy 8.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$727.0K
$636.1K – $848.2K
NOI $50,891 @ 7.0% cap · market cap 6.55%
Second Best
Retail
$607.2K
$531.3K – $708.4K
NOI $42,506 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,148 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Volusia Computers
Electronics & Wireless Store
Coin Cloud Bitcoin ...
Currency Exchange Service
Similar For Sale Nearby
Similar Off Market Nearby
- Carefree Catering — 341 Parque Dr Suite 6, Ormond Beach, FL 32174
FAQs
What type of property is this?
Flex space - Freestanding commercial building offers storefront, warehouse space, and a large garage with 600-amp power.
Where is this flex space located?
The property is located at 484 S Yonge Street Ormond Beach, FL.
What is the asking price?
The asking price for this property is $777,000.
What are key features of this property?
This property features: Freestanding 4,513 SF commercial building on high‑visibility US‑1 in Ormond Beach; Durable concrete/masonry and wood siding construction with concrete flooring and shingle roof; Flexible layout with 1,595 SF storefront, 2,396 SF warehouse, and a 24' x 30' industrial garage
