Storefront Property with Extra
New
For Sale
$444,900
686 S YONGE ST, Ormond Beach, FL 32174
Commercial Sale, ORMOND BEACH, FL
Property Size2,394 SF
Lot Size0.30 Acres
Price / SF$185.84
Days on Market4
Property Features for 686 S YONGE ST
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Security features
Security System
Subdivision
Rio Vista
Standard status
Active
APN
424220300250
Size
2,394 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4393
Utilities
Sewer type
Septic Tank
Water source
Public
Building Details
Year built
1977
Floors in Building
1
Listing Agency:
Adams, Cameron & Co.
(386) 673-2100
Listed By:
Kristy Montanelli
(386) 631-1028
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 16 at 3:06AM
MLS# 12027075
Copyright © 2026 My State MLS. 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.
The 2,394-square-foot commercial building at 686 S. Yonge Street dates to 1977 and occupies a 5,400-square-foot parcel. Work completed since 2020 includes a membrane roof, flooring and bathroom updates, interior layout changes, exterior painting, and site improvements. The building has two bathrooms, public water, and a septic system.
The offering also includes a vacant 7,500-square-foot parcel at 689 Espanola Avenue. Together, the two parcels total approximately 12,900 square feet, or 0.30 acres. The improved property fronts S. Yonge Street, which is US Highway 1, in Ormond Beach.
The offering also includes a vacant 7,500-square-foot parcel at 689 Espanola Avenue. Together, the two parcels total approximately 12,900 square feet, or 0.30 acres. The improved property fronts S. Yonge Street, which is US Highway 1, in Ormond Beach.
Key Highlights
- 2,394‑square‑foot commercial building on a 5,400‑square‑foot parcel
- Separate vacant parcel at 689 Espanola Avenue contains 7,500 square feet
- Combined land area is approximately 12,900 square feet, or 0.30 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,548
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,960
$451.0K
Cap Rate 7%
$322,114
$322.1K
Cap Rate 9%
$250,533
$250.5K
Market Conditions
NOI Build-Up for 2,394 SF
Gross rent
$35.9K $15.00/SF
− Vacancy
−$3.7K −$1.55/SF
EGI
$32.2K $13.46/SF
− OpEx
−$9.7K −$4.04/SF
NOI
$22.5K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,960
Cap Rate 7%
$322,114
Cap Rate 9%
$250,533
Alternative Uses
Best Use
Retail
$322.1K
$281.9K – $375.8K
NOI $22,548 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$705.9K
$617.7K – $823.5K
NOI $49,412 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
48k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 76%
Dining 18%
Shops & Services 5%
Publix
Groceries
30,419 visits/mo
0.2 miles
SONIC Drive In
Dining
8,845 visits/mo
0.2 miles
ABC Fine Wine & Spirits
Groceries
6,479 visits/mo
0.0 miles
Kwik Stop
Shops & Services
1,430 visits/mo
0.2 miles
Public Storage
Shops & Services
1,220 visits/mo
0.2 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The Flower Bar by SBY — 600 S Yonge St #1b, Ormond Beach, FL 32174
Frequently Asked Questions
What type of property is this?
Storefront property - An existing commercial building and separate vacant parcel are offered together along US Highway 1.
Where is this storefront property located?
The property is located at 686 S YONGE ST Ormond Beach, FL.
What is the asking price?
The asking price for this property is $444,900.
What are key features of this property?
This property features: 2,394‑square‑foot commercial building on a 5,400‑square‑foot parcel; Separate vacant parcel at 689 Espanola Avenue contains 7,500 square feet; Combined land area is approximately 12,900 square feet, or 0.30 acres
