974 S NOVA Rd, Ormond Beach, FL 32174
Versatile property with vault, secure yard, and premium finishes.
- Added:
- Apr 24, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 24 at 4:37 pm
Property Features for 974 S NOVA Rd
General Information
- Standard status
- Active
- Size
- 5,650 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 1976
Listing agent Toni Wright (386) 290-5146
Listing office Adams, Cameron & Co. REALTORS (386) 290-5146
Listing date Apr 24, 2026
Source Elliman
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. REALTORS
HighLights
- Massive 10' x 10' freestanding walk‑in vault provides unparalleled security.
- 20,000‑square‑foot secure, fenced yard suitable for high‑capacity distribution, boat storage, or RV parking.
- Seamless 'drive‑through' accessibility with two separate entry points.
- Combination of 3,350 square feet of high‑clearance warehouse and 2,300 square feet of climate‑controlled office space.
- Interior is outfitted with structural framing for additional private offices.
- High‑end aesthetic appeal with extraordinary woodworking and custom craftsmanship.
Overview
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0738186
- Latitude
- 29.2569286