Secure Facility with High-End
974 S Nova Road, Ormond Beach, FL 32174
Versatile property with vault, warehouse, office, and secure yard.
Type:Mixed Use
Property size:
5,650 SFLot size:
0.99 AcresPrice / SF:
$230/SF- Added:
- Mar 24, 2026
- Days on Market:
- 67
- Last Refresh:
- Mar 25 at 8:44 pm
Property Features for 974 S Nova Road
General Information
- Standard status
- Active
- Size
- 5,650 SF
- Lot size
- 0.99 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1976
Listing agent Jeff Wright License #BK3269390
Listing office Adams Cameron & Co Ormond Beach
Listing date Mar 24, 2026
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 Adams Cameron & Co Ormond Beach
HighLights
- Massive 10' x 10' freestanding walk‑in vault for unparalleled security.
- 20,000‑square‑foot secure, fenced yard suitable for distribution, storage, or parking.
- Seamless drive‑through accessibility with two entry points.
- High‑end aesthetic appeal with extraordinary woodworking and custom craftsmanship throughout.
- Structural framing in place for additional private offices, reducing build‑out time.
- Combination of 3,350 square feet of high‑clearance warehouse and 2,300 square feet of climate‑controlled office space.
Overview
This concrete block property is suited for a business ready to scale or expand. The site is defined by exceptional construction and a strategic footprint on nearly an acre of land. Originally commissioned as a high-security federal cash depository and armored car hub in 1976, the facility has an appraiser-rated effective age of 1985. A massive, 10' x 10' freestanding walk-in vault offers protection for high-value assets or sensitive inventory. A welcoming entryway leads into customer-facing areas defined by woodworking and custom craftsmanship. This premium finish extends throughout the building, including the dedicated employee breakroom and the second-story executive area. The interior is outfitted with structural framing for additional private offices. The layout features drive-through accessibility with two separate entry points via Nova Road and Arroyo Parkway. Behind the building lies a 20,000-square-foot secure yard, fully cleared, fenced, and ready for high-capacity distribution, boat storage, or RV parking. The total building area of approximately 5,650 square feet is split between 3,350 square feet of high-clearance warehouse and 2,300 square feet of climate-controlled office space. The property is wrapped in landscaping and has roadside position on a highly-traveled road.
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 | $122.0k | $21.60 |
| − Vacancy | −$9.2k | −$1.62 |
| EGI | $112.9k | $19.98 |
| − OpEx | −$28.2k | −$5.00 |
| NOI | $84.7k | $14.99 |
5,650 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,665 @ 7.0% cap · market cap 6.51%
Second Best
Mixed Use
$997.0K
$872.4K – $1.16M
NOI $69,792 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,616 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0738186
- Latitude
- 29.2569286
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Versatile property with vault, warehouse, office, and secure yard.
Where is this mixed-use property located?
The property is located at 974 S Nova Road Ormond Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Massive 10' x 10' freestanding walk‑in vault for unparalleled security.; 20,000‑square‑foot secure, fenced yard suitable for distribution, storage, or parking.; Seamless drive‑through accessibility with two entry points.
