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Property profile

724 Nova Rd Ormond Beach, FL 32174

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This exceptional 2,260-square-foot warehouse in Ormond Beach presents a fantastic opportunity for a single tenant. Situated on a 3-acre lot, the property boasts convenient access from both Nova Road and Hand Avenue. The building features a full drive-through bay with two 16x16-foot doors, an additional bay with a 10x10-foot door, two walk-in doors, and a 285-square-foot office complete with a bathroom. High ceilings (26 feet) provide ample vertical space. The property includes dedicated outside storage on the west side of the building and a total of 15 parking spaces, all within a completely fenced and gated area. The property is zoned B-5 commercial and is located directly behind Honest-1 Auto Care. This well-maintained building is considered one of the finest in Ormond Beach. Lease terms are for 3 to 5 years. The property's APN is 4242-03-04-0150. This is a rare opportunity to secure a high-quality industrial space in a desirable location. The property is classified as Industrial, Retail, and Land, with subtypes including Warehouse, Distribution, Commercial, and Automotive Repair. The single-tenant occupancy makes this an ideal space for a business seeking a dedicated and secure location.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Golf Cart Dealer Atv Repair Shop
  • General Contractor

Location

724 Nova Rd Ormond Beach, FL 32174
Ormond Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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