Remodeled Office Suite with Three Treatment
For Sale
Contact for pricing
555 W Granada Blvd, Ormond Beach, FL 32174
Upper-level office suite configured with three private treatment rooms for beauty, wellness, personal service, or professional office uses.
Property Size778 SF
Price / SF$178.66
Days on Market98
Property Features for 555 W Granada Blvd
General Information
Standard status
Active
Size
778 SF
Property subtype
OFFICE
Additional Details
Floor
Upper Level
Road Access
Yes
Office Units
1
Listing Agency:
Nextier
(386) 846-9150
Listed By:
Ursula Merrifield
Source:
Moodyscre
Added: Apr 26
Changed: Jul 31
Last Checked: Jul 31 at 4:42AM
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 Nextier
Investment Insights
Based on property information with market context.
This beautifully remodeled upper-level office suite is configured with three private treatment rooms, offering flexibility for beauty, wellness, personal service uses, or other professional office applications. The layout is designed to support a client-facing environment, and the space features a modern, inviting aesthetic.
Located along the highly trafficked Granada Boulevard corridor, the suite benefits from strong local traffic and accessibility in a well-established area of Ormond Beach. The seller notes that furniture, fixtures, and equipment (FF&E) are negotiable, which can help streamline an owner-operator transition.
The space is well suited for an owner-operator looking for a ready-to-use setup, or an investor seeking a low-cost, adaptable commercial option within a strong local market.
Located along the highly trafficked Granada Boulevard corridor, the suite benefits from strong local traffic and accessibility in a well-established area of Ormond Beach. The seller notes that furniture, fixtures, and equipment (FF&E) are negotiable, which can help streamline an owner-operator transition.
The space is well suited for an owner-operator looking for a ready-to-use setup, or an investor seeking a low-cost, adaptable commercial option within a strong local market.
Key Highlights
- Upper‑level office suite with three private treatment rooms
- Remodeled interior with modern, client‑friendly aesthetic
- Flexible use for beauty, wellness, personal service, or professional office
Financial Insights For Office B
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 | $16.8k | $21.60 |
| − Vacancy | −$1.3k | −$1.62 |
| EGI | $15.5k | $19.98 |
| − OpEx | −$3.9k | −$5.00 |
| NOI | $11.7k | $14.99 |
778 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$166.5K
$145.7K – $194.3K
NOI $11,658 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$229.4K
$200.7K – $267.6K
NOI $16,058 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Upper-level office suite configured with three private treatment rooms for beauty, wellness, personal service, or professional office uses.
Where is this office units located?
The property is located at 555 W Granada Blvd Ormond Beach, FL.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Upper‑level office suite with three private treatment rooms; Remodeled interior with modern, client‑friendly aesthetic; Flexible use for beauty, wellness, personal service, or professional office
