Commercial Real Estate Market in Ormond Beach, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
417 active listings and 2,205 off-market properties in Ormond Beach, FL. Commercial property asks $218/SF to buy and $16.76/SF/Yr to lease.
Market Trends
Ormond Beach, FL spans 131.0 square miles in Volusia County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Ormond Beach, FL asks $17.06/SF/Yr to lease and $213/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Ormond Beach, FL asks $248/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Ormond Beach, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Ormond Beach, FL asks $195/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Ormond Beach, FL has 67,507 residents in 36,632 households. Density runs 515 people per square mile. Median household income here is $68,763 and median gross rent $1,342 a month.
67,507
Population
36,632
Households
1.8
Avg Household Size
56
Median Age
34%
College-Educated
93%
High-School Grad
131 sq mi
ZIP Area
515
Density / Sq Mi
$68,763
Median Household Income
$41,042
Median Earnings
$1,342
Median Rent
$326,477
Median Home Value
Tools
Lease vs Buy Breakeven
At $16.76/SF/Yr lease vs $218/SF buy → buying wins if held > 2.5 years.
The comparison uses county-wide sale comps against Ormond Beach asking rents, so the implied 7.7% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Holly Hill | $218 (county avg) | $16.28 |
| Daytona Beach | $218 (county avg) | $15.34 |
| Daytona Beach Shores | $218 (county avg) | $13.74 |
| Port Orange | $218 (county avg) | $20.54 |
Commercial property in Ormond Beach, FL asks $218/SF. The 4 bordering markets run from $218/SF in Holly Hill to $218/SF in Holly Hill, and the city sits in line with their $218/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ormond Beach?
Commercial property in Ormond Beach, FL asks an average of $218 per square foot. The 6 most recent recorded sales traded at a median of $181/SF, so asking sits 20% above the achieved median. Retail carries the highest asking price at $248/SF.
How much does it cost to lease commercial space in Ormond Beach?
Asking lease rates in Ormond Beach, FL average $16.76 per square foot per year. Office asks $17.06/SF/Yr as of Q2 26, up from $13.47/SF/Yr in Q1 26.
Is it cheaper to lease or buy commercial space in Ormond Beach?
Buying beats leasing in Ormond Beach, FL if the property is held longer than 2.5 years, comparing $16.76/SF/Yr asking rent with $218/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
How does Ormond Beach compare to nearby markets on price?
Ormond Beach, FL asks $218/SF against $218/SF in Holly Hill, $218/SF in Daytona Beach, $218/SF in Daytona Beach Shores and $218/SF in Port Orange.
Where does Realmo's Ormond Beach market data come from?
Realmo compiles Ormond Beach, FL figures from 8 recent recorded sales, 295 active sale listings, 122 active lease listings, 2,205 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 295 active for-sale and 122 active for-lease listings in Ormond Beach, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
