Mixed-Use Property with
4643 Clyde Morris Boulevard, Port Orange, FL 32129
Two combined units with showroom, offices, and warehouse space.
Type:Office, Special Purpose, Retail, Industrial, Mixed Use
Property size:
2,280 SFPrice / SF:
$175/SF- Added:
- Mar 26, 2024
- Days on Market:
- 798
- Last Refresh:
- May 12 at 9:28 pm
Property Features for 4643 Clyde Morris Boulevard
General Information
- Standard status
- Active
- Size
- 2,280 SF
- Property subtype
- Office, Special Purpose, Retail, Industrial, Mixed Use
Building Details
- Year Built
- 2005
Listing agent Mark Card
Listing office Realty Pros Assured
Listing date Mar 26, 2024
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 Assured
HighLights
- Custom‑built combination of two units offering a showroom, 4 offices, and warehouse space.
- Potential to easily separate back into two individual 1,154 sqft units.
- Includes a warehouse with a roll‑up door.
- Zoned Community Commercial, offering versatile usage options.
- Low maintenance with CAM fee covering common area, exterior paint, lawn, and water.
- Built in 2005.
Overview
This property consists of two units in Gulfstream Village Condo, custom-built into one, featuring a showroom, four offices, and a warehouse with a roll-up door. The property includes two parcels: 630829033040 and 630829033050. It could be easily separated into two 1,154 square-foot units. Zoned Community Commercial, the monthly CAM fee is $730.83, covering common area maintenance, exterior paint, lawn care, and water. There is one meter, and the average monthly electric cost is $200. The total property size is 2,280 square feet.
Local Financial Insights For Office B
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 | $49.2k | $21.60 |
| − Vacancy | −$3.7k | −$1.62 |
| EGI | $45.6k | $19.98 |
| − OpEx | −$11.4k | −$5.00 |
| NOI | $34.2k | $14.99 |
2,280 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$488.1K
$427.1K – $569.4K
NOI $34,166 @ 7.0% cap · market cap 8.54%
Second Best
Mixed Use
$402.3K
$352.1K – $469.4K
NOI $28,164 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$672.3K
$588.2K – $784.3K
NOI $47,059 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Showrooms
Location Insight
- Map
- Local Demand
- City
- Port Orange
- County
- Volusia
- State
- Florida
- Longitude
- -81.0238373
- Latitude
- 29.1290584
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two combined units with showroom, offices, and warehouse space.
Where is this mixed-use property located?
The property is located at 4643 Clyde Morris Boulevard Port Orange, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Custom‑built combination of two units offering a showroom, 4 offices, and warehouse space.; Potential to easily separate back into two individual 1,154 sqft units.; Includes a warehouse with a roll‑up door.
