Warehouse Unit with High
For Sale
$260,000
531 Virginia Avenue, Port Orange, FL 32127
Commercial Sale, Port Orange, FL
Property Size1,120 SF
Price / SF$232.14
Days on Market50
Property Features for 531 Virginia Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Directions
From US Highway 1 (South Ridgewood Avenue), turn west onto Church Street and then make a left onto Virginia Avenue and proceed down the street to 531 Virginia Ave Unit D on your right.
Subdivision
21 - Port Orange S of Dunlawton, E of 95
Standard status
Active
APN
6341-13-00-0040
Size
1,120 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
41 16 33 UNIT D VIRGINIA INDUSTRIAL PARK PHASE II CONDO INC PARKING SPACE 6 PER OR 7229 PG 3919 PER OR 7325 PG 1857 PER OR 7725 PG 0685
Tax Annual Amount
2395
Legal Description
41 16 33 UNIT D VIRGINIA INDUSTRIAL PARK PHASE II CONDO INC PARKING SPACE 6 PER OR 7229 PG 3919 PER OR 7325 PG 1857 PER OR 7725 PG 0685
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2017
Building materials
Block
Roof type
Shingle
Listing Agency:
RE/MAX FloRealty
Listed By:
Eric Zimmerman
(386) 846-1515
Added: Sep 3
Changed: Oct 21
Last Checked: Oct 22 at 11:06AM
MLS# 1230425
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.
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Investment Insights
Based on property information with market context.
Warehouse Unit D contains 1,120 square feet with 14-foot ceilings, block construction, and a layout suited to storage or business operations. Improvements include high-grade epoxy flooring, a bathroom, central air conditioning, cabinetry, and a countertop work area. The air-conditioning unit was recently serviced. A door connects Unit D with Unit C, and the two units are separate parcels that may be purchased together.
The property was built in 2017 and includes parking lot access. Public water and public sewer serve the building. The association covers the roof and building insurance. Located at 531 Virginia Avenue in Port Orange, the unit also includes a shingle roof and central heating.
The property was built in 2017 and includes parking lot access. Public water and public sewer serve the building. The association covers the roof and building insurance. Located at 531 Virginia Avenue in Port Orange, the unit also includes a shingle roof and central heating.
Key Highlights
- 1,120‑square‑foot warehouse unit
- 14‑foot ceilings with high‑grade epoxy flooring
- Central air conditioning and central heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,008
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,160
$180.2K
Cap Rate 7%
$128,686
$128.7K
Cap Rate 9%
$100,089
$100.1K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$11.2K $9.96/SF
− Vacancy
−$558 −$0.50/SF
EGI
$10.6K $9.46/SF
− OpEx
−$1.6K −$1.42/SF
NOI
$9.0K $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%
$180,160
Cap Rate 7%
$128,686
Cap Rate 9%
$100,089
Alternative Uses
Best Use
Warehouse
$128.7K
$112.6K – $150.1K
NOI $9,008 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.2K
$289.0K – $385.3K
NOI $23,117 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
14 ft
Clear height
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32127, FL
29,999
Population
15,898
Households
1.9
Avg Household Size
53
Median Age
30%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,013
Density / Sq Mi
$65,260
Median Household Income
$39,196
Median Earnings
$1,324
Median Rent
$301,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Clark Properties — 5111 S Ridgewood Ave STE 300, Port Orange, FL 32127
- Stor-it Self Storage Port Orange — 720 Dunlawton Ave, Port Orange, FL 32127
- American Moving Experts — 209 Dunlawton Ave Suite 9, Port Orange, FL 32129
Frequently Asked Questions
What type of property is this?
Warehouse - Finished warehouse space with epoxy flooring, climate control, a private bathroom, and built-in work surfaces.
Where is this warehouse located?
The property is located at 531 Virginia Avenue Port Orange, FL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 1,120‑square‑foot warehouse unit; 14‑foot ceilings with high‑grade epoxy flooring; Central air conditioning and central heating
