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Updated Multi-Unit Office Building
For Sale
$3,590,000

570 Memorial Circle, Ormond Beach, FL 32174

Commercial Sale, Ormond Beach, FL

Property Size23,450 SF
Lot Size1.21 Acres
Price / SF$154.22
Days on Market149

Property Features for 570 Memorial Circle

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Professional/Office
Parking features Assigned, Parking Lot, Off Street
Lot features Cleared
Directions From Granada go north on Nova Rd to right on Shadow Lakes Blvd to corner of Memorial Circle and Shadow Lakes Blvd.
Subdivision 45 - Ormond N of 40, W of US1, E of 95
Standard status Active
APN 4241-01-01-0065
Size 23,278 SF
Lot size 1.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description IRREG PARCEL E OF MEMORIAL CIR BEING 303.45 FT ON N/L ADJ TO S/L OF SHADOW LAKES BLVD & 117.62 FT ON E/L GRANT LOTS 11 1/2 & 12 HENRY YOUNG GRANT ASSRS SUB ORMOND MB 2 PG 118 PER OR 1899 PG 1372 PER OR 5812 PGS 3089-3093 INC PER OR 5827 PGS 2556-2558 INC
Tax Annual Amount 30308
Legal Description IRREG PARCEL E OF MEMORIAL CIR BEING 303.45 FT ON N/L ADJ TO S/L OF SHADOW LAKES BLVD & 117.62 FT ON E/L GRANT LOTS 11 1/2 & 12 HENRY YOUNG GRANT ASSRS SUB ORMOND MB 2 PG 118 PER OR 1899 PG 1372 PER OR 5812 PGS 3089-3093 INC PER OR 5827 PGS 2556-2558 INC

Utilities

Sewer type Public Sewer
Heating system Zoned, Central
Cooling system Central Air
Water source Public

Building Details

Year built 1977
Floors in Building 3
Flooring type Carpet, Vinyl, Tile
Building materials Block, Stucco
Roof type Membrane, Mansard
Listing Agency: Coldwell Banker Commercial Benchmark
Listed By: G.G. Galloway
Added: Mar 30 Changed: Aug 20 Last Checked: Aug 25 at 6:06AM
MLS# 1224649

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.

This multi-unit office property at 570 Memorial Circle in Ormond Beach includes 16 office units on a 1.21-acre parcel. The building features block and stucco construction, carpet, vinyl, and tile flooring, along with central air and zoned heating. Parking is provided through assigned spaces, a parking lot, and off-street areas.

The property carries B-1 zoning and is identified for professional office and medical use. Public water and sewer serve the site. Updates include improvements completed in 2007, new air conditioners, LED lighting throughout, and a membrane and mansard roof replaced in 2025. The address is within the 32174 postal area of Volusia County, Florida.

Key Highlights

  • 16‑unit office building on 1.21 acres
  • B‑1 zoning with professional office and medical use positioning
  • Roof replaced in 2025; membrane and mansard roof systems

Property Analytics

Current Use

Health Care Inc Pharmacy Jacki L. Nesbitt, ... Physician William P. Brennan, ... Psychotherapist Primecare Rehab Physician Hector A. Rosado Jr, ... Physician

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store HVAC Service Home Appliance Store

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

16
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,236
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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - B-1-zoned office property identified for professional office and medical use in Ormond Beach.
Where is this office building located?
The property is located at 570 Memorial Circle Ormond Beach, FL.
What is the asking price?
The asking price for this property is $3,590,000.
What are key features of this property?
This property features: 16‑unit office building on 1.21 acres; B‑1 zoning with professional office and medical use positioning; Roof replaced in 2025; membrane and mansard roof systems
More about this property
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