75 S Tymber Creek Rd, Ormond Beach, FL 32174
Car wash near upcoming Avalon Park Daytona development.
- Added:
- Mar 14, 2022
- Days on Market:
- 1559
- Last Refresh:
- May 19 at 8:36 pm
Property Features for 75 S Tymber Creek Rd
General Information
- Standard status
- Active
- Size
- 2,480 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing agent Beau Warren License #SL3207370
Listing office Realty Pros Commercial Division (386) 589-5754
Listing date Mar 14, 2022
Source Crexi
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 Realty Pros Commercial Division
HighLights
- Established car wash with comprehensive facilities.
- Prime investment opportunity in rapidly developing Volusia County, Florida.
- Strategic location near I‑95 and the upcoming Avalon Park Daytona development (7,878 residential units).
- Poised to serve both existing community and new residents/businesses from Avalon Park.
- Solid reputation.
- Ready for new ownership to maximize potential (business recently closed).
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.5k | $21.96 |
| − Vacancy | −$4.2k | −$1.71 |
| EGI | $50.2k | $20.25 |
| − OpEx | −$12.6k | −$5.06 |
| NOI | $37.7k | $15.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.1271607
- Latitude
- 29.2523973