Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Approved Mini-Storage Development Land Title is generated by Realmo AI

    990 Alabama Avenue, Holly Hill, FL 32174

    View on Map
    Claim this Listing
    New
    For Sale
    $449,000

    LAND - Holly Hill, FL

    Property size:
    27,000 SF
    Lot size:
    2.50 Acres
    Price / SF:
    $16/SF
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 10:06 pm

    Property Features for 990 Alabama Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    4242-04-21-0250
    Lot size
    2.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    W 1/2 OF LOT 25 BLK 21 MARY C FLEMING SUB OF FITCH GRANT PER MB 1 PG 1 PER OR 3866 PG 2595 PER OR 5656 PG 4380 PER OR 56 69 PGS 2372-2373 PER OR 5871 PG 2101 PER OR 7115 PGS 0219-02
    Tax Annual Amount
    1220

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Beau Warren
    Beau Warren

    Listing agent Beau Warren License #3207370

    Listing office Realty Pros Assured 900 W Granada Blvd Ste 3, Ormond Beach, FL

    Listing date Jun 5, 2026

    MLS# 1227239 Listing URL

    Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2.5‑acre site just off Nova Road in Holly Hill, FL with approved mini‑storage use
    • Plans on file for a 27,000 SF metal mini‑storage facility
    • Water available on the property
    • Location is between Daytona Beach and Ormond Beach in Volusia County

    Overview

    This 2.5-acre industrial land site is approved for mini-storage use. According to the current ownership, a 27,000 SF metal mini-storage facility has been designed, and plans are available for review. The information provided also notes that future owners can pursue their own development vision.

    The property is located in Holly Hill, Florida, just off Nova Road. It is described as positioned between Daytona Beach and Ormond Beach, with access to major roadways and a central location within Volusia County.

    For developers, owner-users, or investors looking for a mini-storage-oriented development parcel, the asset offers a clear approved use and an established planning package that can help guide feasibility and concept design. The combination of an approved mini-storage entitlement direction and available metal facility design materials may streamline early development planning for a future operator or builder.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holly Hill
    County
    Volusia
    State
    Florida
    Longitude
    -81.067
    Latitude
    29.252275

    Nearby Similar for Sale

    • $951,000
      3,832 SF

      Daytona Beach Ranch Motel

      Turn-key 12-unit motel with owner's apartment near Daytona Pictona.
      1028 Ridgewood Avenue, Holly Hill, FL 32117
      View Details
    • $324,900
      1,735 SF

      Free-Standing Office Building with Parking

      Freestanding concrete block building with rehabbed interiors and 10 parking spaces for professional or medical use.
      1621 Espanola Avenue, Holly Hill, FL 32117
      View Details
    • $650,000
      7,172 SF

      Versatile Commercial Building in Holly Hill

      Redevelopment zone property with retail, office, and warehouse space.
      529 Ridgewood Avenue, Holly Hill, FL 32117
      View Details
    • $439,000
      5,995 SF

      Retail Condominium on US-1

      Versatile retail space with high visibility and excellent frontage.
      1202 Ridgewood Avenue, Holly Hill, FL 32117
      View Details
    • $1,499,999
      9,252 SF

      Multi-Use Property in Holly Hill

      Versatile property in growing Holly Hill market with redevelopment potential.
      218 Riverside Drive, Holly Hill, FL 32117
      View Details
    • $599,000
      3,174 SF

      Commercial Property with Catering Kitchen

      Versatile commercial property with two buildings and catering kitchen.
      258 Riverside Drive, Holly Hill, FL 32117
      View Details
    • $650,000
      1,008 SF

      Commercial Parcel on High-Traffic US-1

      0.34 acre commercial parcel on high-traffic US-1.
      1800 Ridgewood Avenue, Holly Hill, FL 32117
      View Details
    • $600,000
      440 SF

      Holly Hill Car Wash Opportunity

      Bank-owned car wash with high traffic location.
      1451 N Nova Road, Holly Hill, FL 32117
      View Details
    • $1,100,000
      3,000 SF

      Holly Hill Industrial Property

      1.67 acre property with leased building and expansion plans.
      330 14th Street, Holly Hill, FL 32117
      View Details
    • $1,000,000

      Holly Hill Commercial Land Opportunity

      Two adjacent parcels totaling 6.46 acres in Holly Hill, FL.
      403 10th Street, Holly Hill, FL 32117
      View Details
    • $1,000,000

      Commercial Land in Holly Hill, FL

      Two adjacent parcels totaling 6.46 acres in Holly Hill.
      403 10th Street, Holly Hill, FL 32117
      View Details
    • $249,000

      Commercial Lot on LPGA Boulevard

      Prime commercial lot in Holly Hill's Commercial Corridor District.
      510 Lpga Boulevard, Holly Hill, FL 32117
      View Details

    FAQs

    What type of property is this?
    Industrial land - 2.5-acre development site approved for mini-storage, with existing metal facility plans for review.
    Where is this industrial land located?
    The property is located at 990 Alabama Avenue Holly Hill, FL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: 2.5‑acre site just off Nova Road in Holly Hill, FL with approved mini‑storage use; Plans on file for a 27,000 SF metal mini‑storage facility; Water available on the property
    (386) 589-5754
    We can help!
    Listing Contact
    Beau Warren
    Beau Warren
    Real Estate License ID: 3207370
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    990 Alabama Avenue, Holly Hill, FL 32174
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!