Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Graves Ave Orange City, FL 32763

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.5-Acre Mixed-Use Lot, High Visibility

    Property Features for 0 Graves Ave

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Chris Jarrell

    Listing Agency: Geri Westfall Real Estate Listing Agent: Chris Jarrell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 2.5-acre commercial land parcel in Orange City, Florida, presents a remarkable investment opportunity. Boasting 108,900 square feet, the property is zoned Mixed Use, offering unparalleled flexibility for diverse development projects. Its strategic location provides significant advantages. The site enjoys approximately 570 feet of frontage on Veteran's Memorial Highway, ensuring high visibility and accessibility. Convenient rear access is also available via Bonnie Lane off East Graves Avenue. The property's prime location benefits from proximity to key infrastructure and amenities. The I-4 Interchange is less than half a mile away, providing easy access to major transportation routes. An Amazon Fulfillment Center is just one mile away, and Halifax Health UF is a short two-mile drive. Furthermore, the property's advantageous position is enhanced by its adjacency to an established mobile home community with over 100 lots and a new 170-unit residential development currently under construction across Veteran's Memorial Highway. This rapidly developing area offers significant growth potential, making this a truly exceptional investment opportunity. The asking price is $1,200,000. Don't miss this chance to secure a prime piece of commercial real estate in a thriving Florida community. The property is located at 0 E Graves Avenue, Orange City, FL 32763.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Orange City
    County
    Volusia
    State
    Florida
    Longitude
    -81.274145
    Latitude
    28.9486473

    Nearby Similar for Sale

    • New
      $308,000
      1,426 SF

      Historic Mixed-Use Commercial Space

      Dual-zoned commercial space with historic charm and modern functionality.
      320 E Graves Ave, Orange City, FL 32763
      View Details
    • $270,000
      3,650 SF

      Turnkey Restaurant in Orange City

      Profitable restaurant business for sale in a prime location.
      2621 Enterprise Rd, Orange City, FL 32763
      View Details
    • $395,000
      1,380 SF

      Commercial Building on Corner Lot

      Commercial building with B-4 zoning suitable for various businesses.
      1995 N Volusia Ave, Orange City, FL 32763
      View Details
    • $1,299,000
      9,830 SF

      Historic Church Property on 2+ Acres

      167-year-old church with four unique structures on over two acres.
      201 W University Ave, Orange City, FL 32763
      View Details
    • $849,000
      5,387 SF

      Upgraded Auto Body Shop

      Fully upgraded auto body shop with rental income in Orange City.
      906 Shadick Dr, Orange City, FL 32763
      View Details
    • New
      $420,000
      2,178 SF

      Renovated Duplex in Orange City

      Fully renovated duplex in a strong rental market.
      951 Beau Ct, Orange City, FL 32763
      View Details
    • $3,400,000
      2.46 Acres

      Thriving Truck Parking Business

      92-space truck parking in industrial area, fully rented.
      1120 S Leavitt Ave, Orange City, FL 32763
      View Details
    • $85,000
      1,050 SF

      Profitable Restaurant Business Opportunity

      Turnkey Vietnamese restaurant in a high-traffic Orange City location.
      870 Saxon Blvd, Orange City, FL 32763
      View Details
    • $675,000
      1,050 SF

      Auto Shop with Residential Unit

      Six-bay auto shop with renovated 3-bedroom residential unit.
      145 E Michigan Ave, Orange City, FL 32763
      View Details
    • $400,000
      2,800 SF

      Orange City Industrial Flex Space

      Industrial flex space in Orange City, Florida for sale.
      203 N Industrial Dr, Orange City, FL 32763
      View Details
    • $1,450,000

      Orange City Office Building

      Office building for sale in Orange City, Florida.
      1750 S Volusia Ave, Orange City, FL 32763
      View Details
    • Contact for pricing

      Retail Space on Saxon Boulevard

      Retail property with high visibility and strong co-tenants.
      1169 Saxon Blvd, Orange City, FL 32763
      View Details

    FAQs

    What type of property is this?
    Land - 2.5-Acre Mixed-Use Lot, High Visibility
    Where is this land located?
    The property is located at Graves Ave Orange City, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 2.5-acre commercial land parcel.; 108,900 square feet lot size.
    (386) 566-1270 Call to check price and availability
    Request Owner's contact information
    Graves Ave Orange City, FL 32763
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Graves Ave
    Orange City, FL 32763
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Graves Ave Orange City, FL 32763
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Jarrell
    (386) 566-1270
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!