Medical Office with Exam
New
For Sale
$435,000
802 Sterthaus Drive, Ormond Beach, FL 32174
Commercial Sale, Ormond Beach, FL
Property Size2,354 SF
Lot Size0.05 Acres
Price / SF$184.79
Days on Market1
Property Features for 802 Sterthaus Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Professional/Office
Parking features
Parking Lot
Directions
Granada to Old Kings Rd. Take a right on Old Kings. Right on Sterthaus Dr. Building on the right.
Subdivision
45 - Ormond N of 40, W of US1, E of 95
Standard status
Active
APN
4241-21-00-0020
Size
2,354 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 2 MEMORIAL MED ARTS COMPLEX CONDO PER OR 2592 PG 311 PER OR 2623 PG 1891
Tax Annual Amount
4832
HOA Fee
$417 Monthly
Legal Description
UNIT 2 MEMORIAL MED ARTS COMPLEX CONDO PER OR 2592 PG 311 PER OR 2623 PG 1891
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1984
Flooring type
Carpet, Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 673-2100
Listed By:
Allison Gartrell
(386) 334-8828
Added: Oct 18
Last Checked: Oct 18 at 10:06PM
MLS# 1231892
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 802 Sterthaus Drive, Unit B, this 2,354-square-foot medical office suite has nine exam rooms with water access, three restrooms, a private office, storage, reception, and a waiting area. The interior is dated, air conditioning is not installed, and improvements are needed. Existing finishes include carpet and vinyl flooring; the building has brick construction and a shingle roof.
The suite is part of a medical and professional office complex in Ormond Beach. Public water and sewer serve the property, and water is available. The building was constructed in 1984.
The suite is part of a medical and professional office complex in Ormond Beach. Public water and sewer serve the property, and water is available. The building was constructed in 1984.
Key Highlights
- 2,354 square feet of medical office space
- Nine exam rooms with water access
- Three restrooms, private office, storage, reception, and waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,275
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,500
$705.5K
Cap Rate 7%
$503,929
$503.9K
Cap Rate 9%
$391,944
$391.9K
Market Conditions
NOI Build-Up for 2,354 SF
Gross rent
$50.8K $21.60/SF
− Vacancy
−$3.8K −$1.62/SF
EGI
$47.0K $19.98/SF
− OpEx
−$11.8K −$5.00/SF
NOI
$35.3K $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%
$705,500
Cap Rate 7%
$503,929
Cap Rate 9%
$391,944
Alternative Uses
Best Use
Office B
$503.9K
$440.9K – $587.9K
NOI $35,275 @ 7.0% cap · market cap 8.11%
Second Best
Healthcare Medical
$489.2K
$428.1K – $570.8K
NOI $34,245 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$694.1K
$607.3K – $809.8K
NOI $48,587 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
Balanced
Demand for This Use
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
Similar Off Market Nearby
- Pet Street Veterinary Care Center — 240 S Nova Rd, Ormond Beach, FL 32174
- Fleuchaus Nixo Leslie DVM — 380 W Granada Blvd, Ormond Beach, FL 32174
- Volenec Debra DVM — Ormond Beach, FL 32174
- Shadow Lake Animal Hospital — 125 N Nova Rd, Ormond Beach, FL 32174
Frequently Asked Questions
What type of property is this?
Medical Office Space - The existing clinical layout includes water-served exam rooms, reception, a waiting area, and dedicated office and storage space.
Where is this medical office space located?
The property is located at 802 Sterthaus Drive Ormond Beach, FL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 2,354 square feet of medical office space; Nine exam rooms with water access; Three restrooms, private office, storage, reception, and waiting area
