Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    82 Us Hwy Ormond Bch Ormond Beach, FL 32174
    Back to Search
    Property profile & analytics

    82 Us Hwy Ormond Bch, Ormond Beach, FL 32174

    View on Map
    • Retail properties & Spaces
    • 3,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 82 Us Hwy Ormond Bch

    Year built
    1985
    Property type
    Retail properties & Spaces
    Property subtype
    Auto shops

    Description

    This exceptional investment opportunity presents a thriving, established auto repair and sales business in Ormond Beach, Florida, coupled with the sale of the underlying real estate. Located at 82 N US Hwy 1, Ormond Beach, FL 32174, this single-story, 3,500 square foot building sits on a free-standing lot and boasts a prime location with high traffic visibility. Built in 1985 and renovated in 2002, the property features five lifts for auto repair, ample space to display 40-45 used cars (plus 5 inside), and two road accesses. The business has enjoyed nearly two decades of success in this community, benefiting from grandfathered zoning that allows for auto sales and repair – a rare and increasingly valuable asset in Ormond Beach. The property offers 150 feet of road frontage on US Highway 1, ensuring excellent visibility and accessibility. This is a 100% occupied, single-tenant retail property classified as Class B, with an asking price of $1,200,000. The property's Volusia County APN is 424101090030. This is a truly unique opportunity to acquire a profitable, established business with significant long-term potential. Don't miss out on this rare chance to own a piece of Ormond Beach's commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0506
    Latitude
    29.2623

    Comparable in this City

    • Value Estimation by Request
      5,650 SF

      974 Nova Rd

      Automotive properties
      974 Nova Rd, Ormond Beach, FL 32174
      View Details
    • Value Estimation by Request
      715 SF

      305 Us-1

      Individual retail properties
      305 Us-1, Ormond Beach, FL 32174
      View Details
    • Value Estimation by Request

      724 Nova Rd

      Automotive properties
      724 Nova Rd, Ormond Beach, FL 32174
      View Details
    • Value Estimation
      $5,210,000
      30,046 SF

      280 Destination Daytona Ln

      AUTO REPAIR, GARAGE
      280 Destination Daytona Ln, Ormond Beach, FL 32174-1500
      View Details
    • Value Estimation by Request
      4,200 SF

      1440 Granada Blvd

      AUTO REPAIR, GARAGE
      1440 Granada Blvd, Ormond Beach, FL 32174-9141
      View Details
    • Value Estimation by Request
      4,120 SF

      520 Granada Blvd

      AUTO REPAIR, GARAGE
      520 Granada Blvd, Ormond Beach, FL 32174-5104
      View Details

    Similar Nearby for Sale

    • $1,999,000

      Ormond Beach Auto Shop Investment

      7,179 SF building with storage yard in Ormond Beach.
      1130 S Nova Rd, Ormond Beach, FL 32174
      View Details
    • Contact for pricing

      Turn-Key Industrial Compound For Sale

      Secured industrial compound with multiple buildings and specialized equipment.
      50 S Perrott Dr, Ormond Beach, FL 32174
      View Details
    • $799,000
      3,436 SF

      Ormond Beach Automotive Commercial Property

      High-traffic corner lot ideal for automotive sales, service, or repair.
      82 N Yonge St, Ormond Beach, FL 32174
      View Details
    • $599,900
      0.67 Acres

      Riverfront Commercial Property with Marina

      B-8 Tourist Zoned property with direct Tomoka River access.
      1003 Us Highway 1, Ormond Beach, FL 32174
      View Details
    • New
      Contact for pricing
      747 SF

      Ormond Beach Commercial Investment Opportunity

      Freestanding commercial property on US Highway 1 in Ormond Beach.
      305 N Us Highway 1, Ormond Beach, FL 32174
      View Details
    • $599,900
      0.67 Acres

      Riverfront Commercial Land For Sale

      Commercial land with river frontage, dock, and potential uses.
      1003 Us Highway 1, Ormond Beach, FL 32174
      View Details

    Similar Nearby for Lease

    • $3,531 /Mo
      2,260 SF

      Ormond Beach Commercial Space Available

      2260 SF commercial space with outside storage and ample parking.
      720 S Nova Rd, Ormond Beach, FL 32174
      View Details
    • $0.01 SF/Yr
      23,000 SF

      Ormond Beach Executive Office Suite

      Prime Office Space, 1830 SF, Tenant Incentives
      570 Memorial Cir, Ormond Beach, FL 32174
      View Details
    • $18 SF/Yr

      Ormond Beach Retail Space Available

      1,250 SF retail space for rent in Ormond Beach.
      1220 Hand Ave, Ormond Beach, FL 32174
      View Details
    • Contact for pricing

      Storefront Suite Near I-95

      Storefront suite in-line with Aldi and TD Bank.
      1280 W Granada Blvd, Ormond Beach, FL 32174
      View Details
    • Contact for pricing

      Retail Space in Ormond Beach

      Retail spaces available in multi-tenant shopping center.
      333 W Granada Blvd, Ormond Beach, FL 32174
      View Details
    • Contact for pricing

      Retail Space at Granada Pointe

      Proposed retail center with drive-thru, completion late-2025.
      550 W Granada Blvd, Ormond Beach, FL 32174
      View Details
    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.
    82 Us Hwy Ormond Bch
    Ormond Beach, FL 32174
    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
    82 Us Hwy Ormond Bch, Ormond Beach, 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!