Listing Agency: NAI Realvest - Orlando p***@realvest.com Show Phone

Listed By: Paul P Partyka · License #FL 675481

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 8:22PM

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Investment Insights

Based on property information with market context.

This office building contains 19,599 SF of commercial space and is located at 800 South Nova Road in Ormond Beach, Florida. The property is offered for sale and carries a reported 6.60% CAP rate.

Key Highlights

• 19,599 SF office building
• 6.60% CAP rate
• Located at 800 South Nova Road, Ormond Beach, FL 32174

Property Analytics

Property Profile

Current Use

Dannie E Buck Physician Sweet TeaZe Hair ... Hair Salon The Massage Experience Alternative Medicine Practice Mrs. Ann-Marie Vitalis Physician Jay C. Guidewell ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Nail Salon Restaurant Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

511

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

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Office property offering an established commercial building format for professional use.

Where is this office building located?

The property is located at 800 South Nova Road Ormond Beach, FL.

What are key features of this property?

This property features: 19,599 SF office building; 6.60% CAP rate; Located at 800 South Nova Road, Ormond Beach, FL 32174