585 Commonwealth Boulevard Port Orange, FL 32127
30,060 SF industrial property with flexible manufacturing/distribution space.
Property Features for 585 Commonwealth Boulevard
General Information
- Standard status
- Active
- Size
- 30,060 SF
- Property subtype
- IND
Building Details
- Year Built
- 2009
Listing office Daytona Beach (386) 944-2800
Listing date Mar 10, 2026
Source Realnex
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Investment Insights
Based on property information with market context.
Key Highlights
- 30,060 sq ft industrial property with 4,348 sq ft of office/showroom and 26,712 sq ft of warehouse/manufacturing space.
- Warehouse divided into 15 plumbed 1,500 sq ft units, each with an 18' bay door.
- 37' ceiling height in warehouse units allows for potential second‑floor build‑out.
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 | $569.9k | $18.96 |
| − Vacancy | −$48.4k | −$1.61 |
| EGI | $521.5k | $17.35 |
| − OpEx | −$182.5k | −$6.07 |
| NOI | $339.0k | $11.28 |
Alternative Uses
Property Analytics
Current Use by Public Records
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