3761 Nova RdPort Orange, FL 32129

Property Details for 3761 Nova Rd

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

9.25 AC

Property size (Sq ft)

96,362 SF

Zone code

PCD

Property type

Retail properties

Property subtype

Community centers

APN

6309-15-00-0010

APU

630915000010

Description

Park Place Plaza, located at 3761 S Nova Rd in Port Orange, Florida (zip code 32129), offers a prime retail space for lease. This multi-tenant commercial property boasts a total of 87,056 square feet, with 2,800 square feet currently available. Situated in Volusia County, this property presents a unique opportunity for businesses seeking high visibility and convenient access. The available space is ideal for a variety of retail uses, providing ample room for expansion and growth. The property's strategic location within Port Orange ensures high foot traffic and exposure to a substantial customer base. This is a fantastic chance to establish or expand your business in a thriving commercial area. The building is well-maintained and offers a professional environment. Interested parties are encouraged to inquire about lease terms and conditions. The property's address is easily accessible from major roadways, ensuring convenient access for both customers and employees. This retail space represents a strong investment opportunity in a dynamic and growing market. Don't miss out on this chance to secure a prominent location in a bustling commercial center. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $33,656,352

  6.5%

  $31,067,402

  7%

  $28,848,302

• Comparable approach

  Method

  Valuation

  Relative Method

  $41,701,476

  Geo Method

  $27,107,362

• Alternative Use

  Use

  Valuation

  Residential

  $26,206,516

  Hospitality

  $24,005,028

  Educational

  $19,971,902

  Medical

  $20,658,766

  Retail

  $31,067,402

Location Insight

City

Port Orange

County

Volusia

State

Florida

Latitude

29.1307

Longitude

-81.0055

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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