Ormond Beach Commercial
For Sale
$775,000
75 S Tymber Creek Road, Ormond Beach, FL 32174
High-visibility commercial property with drive-thru potential in Ormond Beach.
Property Size2,922 SF
Lot Size0.66 Acres
Price / SF$265.23
Days on Market752
Property Features for 75 S Tymber Creek Road
General Information
Standard status
Active
Size
2,922 SF
Lot size
0.66 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2008
Listing Agency:
Realty Pros Assured
(386) 589-5754
Listed By:
Beau Warren · License #3207370
(386) 589-5754
Source:
Exitrealty
Added: Jul 12, 2024
Changed: Jul 10
Last Checked: Aug 2 at 7:09AM
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 Realty Pros Assured
Investment Insights
Based on property information with market context.
This commercial property, formerly a tunnel-style car wash, is available for lease or redevelopment in Ormond Beach, Florida. The building offers potential for retail or service-based uses. Constructed with concrete block and a barrel tile roof, the property includes approximately 1,200 square feet of enclosed interior space and an expansive 1,300 square foot canopy. The layout and utility infrastructure could be adapted for a drive-thru, showroom, boutique, food or beverage service, or detailing operation. Positioned on a corner lot, the site offers traffic exposure and curb appeal, enhanced by landscaping and a pond. The layout allows for traffic flow, signage, and multiple entry points. The property size is 2,922 square feet.
Key Highlights
- Prime Ormond Beach location offering high visibility and strong traffic exposure.
- Versatile building suitable for various retail or service‑based businesses, including drive‑thru potential.
- Durable concrete block construction with a classic barrel tile roof.
Financial Insights For Specialty Retail
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 | $64.2k | $21.96 |
| − Vacancy | −$5.0k | −$1.71 |
| EGI | $59.2k | $20.25 |
| − OpEx | −$14.8k | −$5.06 |
| NOI | $44.4k | $15.19 |
2,922 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$633.9K
$554.7K – $739.5K
NOI $44,372 @ 7.0% cap · market cap 5.73%
Second Best
Retail
$393.2K
$344.0K – $458.7K
NOI $27,521 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$861.6K
$753.9K – $1.01M
NOI $60,310 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
15,683 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - High-visibility commercial property with drive-thru potential in Ormond Beach.
Where is this car wash located?
The property is located at 75 S Tymber Creek Road Ormond Beach, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Prime Ormond Beach location offering high visibility and strong traffic exposure.; Versatile building suitable for various retail or service‑based businesses, including drive‑thru potential.; Durable concrete block construction with a classic barrel tile roof.
