Property profile

123 Industrial Dr Orange City, FL 32763

OFF-MARKET
Investment properties
Property ID
US18-9353637
9,009 SF 0.45 ac lot Built 1988
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 123 S. Industrial Drive in Orange City, Florida, offers a versatile office space opportunity. The building totals 4,650 square feet and is currently configured with one suite. A minimum of 700 square feet is divisible, with a maximum contiguous space of 700 square feet currently available for lease. The property boasts a highly visible location at the corner of S. Industrial Drive and the heavily trafficked 17-92. This prime location offers excellent visibility and accessibility for businesses. The property is conveniently situated just 2.5 miles from AdventHealth Fish Memorial Hospital and minutes from the Enterprise Road and Saxon Boulevard corridor, providing easy access to major transportation routes and essential amenities. The property is classified as both office and land, offering potential for future expansion or development. The address is 123 S. Industrial Drive, Orange City, FL 32763, within the Daytona Beach submarket and Orange City submarket cluster in Volusia County. The available space is ideal for a variety of businesses seeking a well-located and accessible office in a thriving community. The 700 square feet of vacant space presents a unique opportunity for immediate occupancy.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,009 SF
Lot 0.45 ac (19,517 SF)
Zoning code I-1
APN 8011-11-01-0020
UPID US18-9353637

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
  • Cosmetic Store
  • Dental Office
  • Alternative Medicine Practice Spa & Massage Center
  • Physician
  • Dental Office

Location

123 Industrial Dr Orange City, FL 32763-7431
Orange City metro Census 90806 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
$794k
Blend (final) Blend
$795k

Owner & transaction history

since 2023
Last sale
$730,000
4 recorded transactions
2023
$730,000
2016
$470,000
2008
Price N/A
1969
Price N/A

Zoning & alternative use

I-1 · Orange City, FL
Zoning description

The I-1 district provides for a variety of industrial and commercial uses which can be described as light industry

General category INDUSTRIAL
Top alternative use upside
Industrial (general) $1.2M +1.8%

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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