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Property profile

141 Sagebrush Trl Ormond Beach, FL 32174

OFF-MARKET
Investment properties
Property ID
US18-5449301
6,044 SF 1.36 ac lot Built 1986
Individually Owned 4-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Home Health Care Service
  • Physician
  • Physician
  • Insurance Agency

Location

141 Sagebrush Trl Ormond Beach, FL 32174-8115
Ormond Beach metro Census 80808 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.62M
CAP Approach CAP
$1.15M
Comparable Approach Comparable
$2.29M
Blend (final) Blend
$1.54M

Owner & transaction history

since 2022
Last sale
$2.1M
1 recorded transaction
2022
$2.1M

Zoning & alternative use

B9 · Ormond Beach, FL
Top alternative use upside
Medical building $1.6M +56.1%
Auto repair, garage $1.5M +49.3%
Neighborhood: shopping center $1.1M +7.6%

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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