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Property profile & analytics
OFF-MARKET Estimated value $1,740,000
Investment properties

141 Sagebrush Trl Ormond Beach, FL 32174-8115

6,044 SF 1.36 ac lot Built 1986
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-5449301
Property summary
AI-generated overview

This exceptional 3,604-square-foot office space is available for lease in the South Forty Professional Centre, a Class B office complex located at 141 Sage Brush Trail, Ormond Beach, FL 32174. The single-tenant space boasts a desirable layout including four private offices, a reception area, a conference room, open workspace, two ADA-compliant restrooms, and a kitchen. Situated on a 1.36-acre lot, the property offers ample parking with 52 spaces. The building, constructed in 1986, features 11-14 foot ceilings and is part of a two-building complex totaling 12,088 square feet. The property benefits from high visibility due to over 300 feet of frontage on Granada Boulevard, and includes monument signage. Its convenient location is just 1.5 miles from I-95 and approximately 3.3 miles from AdventHealth Daytona Beach. The zoning is B-10 Suburban Boulevard, and utilities are serviced by Florida Power & Light. This space is ideal for a variety of professional uses, including medical, legal, financial, and architectural firms. The lease rate is $21.00 per square foot, NNN, with estimated CAM, taxes, and insurance totaling $9.48 per square foot. The property's APN is 4220-28-00-0010, and it's located in the Daytona Beach - Volusia County submarket within the East Central Florida cluster. The property is conveniently located at the corner of South Forty Trail, Sage Brush Trail, and Granada Blvd.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1986
Construction WOOD
Total area 6,044 SF
Lot 1.36 ac (59,232 SF)
Zoning code B9
APN 4220-28-00-0010
UPID US18-5449301
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Air-Sur Inc Insurance Agency
  • CornerStone Home Care Home Health Care Service
  • NexMed Physician
  • James Acker Physician
  • Gallagher Insurance, Risk Management & Consulting Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.62M
CAP Approach CAP
$1.15M
Comparable Approach Comparable
$2.29M
Blend (final) Blend
$1.74M
Owner & transaction history
Csr Portfolio One Ltd · 4 yrs held
Csr Portfolio One Ltd
since 2022
Last sale
$2.1M
1 recorded transaction
2022
$2.1M
Zoning & alternative use
B9 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.6M +56.1%
Auto repair, garage $1.5M +49.3%
Neighborhood: shopping center $1.1M +7.6%
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