Office Building with Covered
New
For Sale
$4,900,000
801 W Granada Boulevard, Ormond Beach, FL 32174
A dedicated parking lot includes covered spaces for staff and visitors.
Property Size29,395 SF
Days on Market2
Property Features for 801 W Granada Boulevard
General Information
Standard status
Active
Size
29,395 SF
Taxes and HOA fees
Annual Taxes
$36,550
Amenities
Additional Parking, Covered, Parking Lot
Building Details
Building Size
29,395 SF
Year Built
1980
Listing Agency:
RE/MAX Signature
Listed By:
Michael Fiscina PA
(386) 314-8001
Source:
Evrealestate
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 7 at 2:24PM
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 RE/MAX Signature
Investment Insights
Based on property information with market context.
This office building was constructed in 1980 and includes a parking lot with covered parking. The property is located on the north side of the street, one block west of the Nova Road and Granada Boulevard intersection in Ormond Beach, Florida.
Key Highlights
- Built in 1980
- On‑site parking lot with covered spaces
- One block west of Nova Road and Granada Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$440,484
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,809,680
$8.8M
Cap Rate 7%
$6,292,629
$6.3M
Cap Rate 9%
$4,894,267
$4.9M
Market Conditions
NOI Build-Up for 29,395 SF
Gross rent
$634.9K $21.60/SF
− Vacancy
−$47.6K −$1.62/SF
EGI
$587.3K $19.98/SF
− OpEx
−$146.8K −$5.00/SF
NOI
$440.5K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,809,680
Cap Rate 7%
$6,292,629
Cap Rate 9%
$4,894,267
Alternative Uses
Best Use
Office B
$6.29M
$5.51M – $7.34M
NOI $440,484 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.67M
$7.58M – $10.11M
NOI $606,713 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,048
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - A dedicated parking lot includes covered spaces for staff and visitors.
Where is this office building located?
The property is located at 801 W Granada Boulevard Ormond Beach, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Built in 1980; On‑site parking lot with covered spaces; One block west of Nova Road and Granada Boulevard
