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    400 Atlantic Ave Ormond Beach, FL 32176

    Sponsored
    For Lease
    $192 SF/Yr

    Beachfront Office Space Available

    Lot size:
    29,730 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Aliki Plaza, located at 400 S Atlantic Ave, Ormond Beach, FL 32176, offers 29,730 square feet of versatile commercial space in a two-story building. This prime location boasts high visibility on a busy Ormond Beach road, providing excellent exposure to both local residents and tourists. The property features a mix of office space types, including traditional, executive, medical, and creative office suites, accommodating diverse business needs. Currently, there are 21 suites, with 4,300 square feet of vacant space available, including one 1,200 square foot unit. The building includes one elevator for convenient access to both floors. Its proximity to the Atlantic Ocean offers a unique blend of business and coastal tranquility. The property is suitable for multiple tenants and presents a significant opportunity for businesses seeking a prominent location in a vibrant beachside community. The building's design and location cater to a variety of businesses, from retail to restaurants, making it an attractive option for a wide range of commercial enterprises. This is a chance to establish a presence in a high-traffic area with exceptional visibility and a desirable coastal setting.

    Property Features for 400 Atlantic Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,730 SF
    Total Rate
    475680

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    382
    Size
    1,200 SF
    Rate per SF
    $192
    Property Profile Location Intelligence

    Current Use by Public Records

    The Airline Academy Flight School AMERICAN ENERGY AND CONSTRUCTION ... Roofing Contractor American Diabetic Supply ... Medical Supply Store Marley International, LLC Logistics Service Ian Anderson - The Dream ... Real Estate Agents

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.035418
    Latitude
    29.2815388

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    FAQs

    What type of property is this?
    Restaurant - Beachfront Office Space Available
    Where is this restaurant located?
    The property is located at 400 Atlantic Ave Ormond Beach, FL.
    What is the lease rate?
    The lease rate is $192 SF/Yr.
    Request Owner's contact information
    400 Atlantic Ave Ormond Beach, FL 32176
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    Ormond Beach, FL 32176
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    Realmo Value Estimation

    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.

    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.

    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
    400 Atlantic Ave Ormond Beach, FL 32176
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