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    160 Nova Rd Ormond Beach, FL 32174

    Sponsored
    For Sale
    $129,999

    High-traffic retail space, 5,660 SF available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,910 square foot retail storefront, located at 18335 US Highway 18 Suite A in San Bernardino County, presents a unique investment opportunity. Boasting 5,660 square feet of vacant space, this single-tenant property sits on a 0.4-acre lot and is zoned for Retail/Storefront use (APN: 0473-114-02). The building is a single-story structure with excellent visibility due to its prime location on a heavily trafficked highway, boasting an annual average daily traffic count of 46,000 vehicles. Its strategic position directly across from St. Mary's Hospital ensures a consistent flow of potential customers. Previously occupied by a secondhand store and, for many years prior, an independent sporting goods store, this versatile space is well-suited for a wide range of commercial uses. The property's history demonstrates its suitability for retail operations, offering a proven track record and established infrastructure. This high-visibility location provides unparalleled exposure to a large and captive audience, making it an ideal choice for businesses seeking significant foot traffic and brand recognition. The property's size and zoning flexibility offer considerable potential for customization and adaptation to meet the specific needs of a diverse range of businesses.

    Property Features for 160 Nova Rd

    General Information

    Property type
    Land
    Lot Size
    26,572 SF

    HighLights

    • 5,910 SF retail storefront on 0.4 acres in San Bernardino County.
    • Single‑tenant occupancy with 5,660 SF vacant.
    • Located on US Hwy 18 with 46,000 AADT.
    • Across from St. Mary's Hospital.
    • Zoned for retail/storefront use.
    • APN: 0473‑114‑02.
    Property Profile Location Intelligence

    Current Use by Public Records

    Truist - ATM Atm SunTrust ATM Atm Ormond Beach Marketplace Business Center SunTrust Mortgage Mortgage Lender Truist Bank

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.082969137608
    Latitude
    29.275755318795

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    FAQs

    What type of property is this?
    Land - High-traffic retail space, 5,660 SF available.
    Where is this land located?
    The property is located at 160 Nova Rd Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $129,999.
    What are key features of this property?
    This property features: 5,910 SF retail storefront on 0.4 acres in San Bernardino County.; Single-tenant occupancy with 5,660 SF vacant.; Located on US Hwy 18 with 46,000 AADT.
    Request Owner's contact information
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    Ormond Beach, FL 32174
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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
    160 Nova Rd Ormond Beach, FL 32174
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