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    570 Memorial Cir Ormond Beach, FL 32174

    For Lease
    $0.01 SF/Yr

    Prime Office Space, 1830 SF, Tenant Incentives

    Lot size:
    23,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,830 square foot executive office suite is ideally situated in Ormond Beach's central business district, offering unparalleled convenience and accessibility. Located on the third floor of a three-story multi-tenant office building at 570 Memorial Circle, this single-tenant space previously housed attorney offices. The property boasts on-site management for ease and efficiency. Utilities are shared by the tenant, with pass-throughs at a rate of $4.25 per square foot annually. Lease terms are flexible and negotiable, depending on the length of the lease, and attractive tenant incentives are available. The building's location provides easy access to the Trails Shopping Center off Nova Road and is also near Granada Boulevard. This presents a fantastic opportunity for businesses seeking a professional and well-maintained office space in a thriving commercial area. Note that additional first-floor medical office space is also available, but is listed separately under MLS #1036518. The total building contains one suite. The property is classified as retail and office. The lot size is not specified.

    Property Features for 570 Memorial Cir

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,000 SF

    Unit(s) available at that property

    Space
    330
    Size
    23,000 SF
    Rate per SF
    $0.01

    HighLights

    • 1,830 SF executive office suite available for lease on the 3rd floor.
    • Located in a three‑story multi‑tenant office building in Ormond Beach.
    • Previously used as attorney's offices.
    • On‑site management.
    • Tenant pays pro‑rata share of utilities; $4.25/SF/year pass‑throughs.
    • Lease terms and tenant incentives are negotiable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Health Care Inc Pharmacy Jacki L. Nesbitt, ... Psychologist William P. Brennan, ... Psychotherapist Primecare Rehab Physical Therapist Hector A. Rosado Jr, ... Physical Therapist

    Suggested Use

    Law Firm Realty agency 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
    -81.0810885
    Latitude
    29.2836324

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 1830 SF, Tenant Incentives
    Where is this office property / space located?
    The property is located at 570 Memorial Cir Ormond Beach, FL.
    What is the lease rate?
    The lease rate is $0.01 SF/Yr.
    What are key features of this property?
    This property features: 1,830 SF executive office suite available for lease on the 3rd floor.; Located in a three-story multi-tenant office building in Ormond Beach.; Previously used as attorney's offices.
    Request Owner's contact information
    570 Memorial Cir Ormond Beach, FL 32174
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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
    570 Memorial Cir Ormond Beach, FL 32174
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