Financial
Distress signals
Property profile

1425 W Granada Blvd Ormond Beach, FL 32174

FOR LEASE
Community centers
Property ID
US18-5611743
20,481 SF 3.6 ac lot Built 1995
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

West Granada Center, located at 1425 W Granada Blvd in Ormond Beach, Florida 32174, offers exceptional medical office and retail space for lease. This multi-tenant property boasts a total of 23,467 square feet, situated on a 1.35-acre lot. Currently, there are 8,524 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 3,200 square feet. Four individual spaces are currently available. The property's versatile…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$35k
Tax billed · 2023
Assessed value$2.16M
Assessed land$589k
Assessed improvement$1.57M
Effective rate1.63%

Value estimate

· Sep 2026
$2.48M
$2.23M – $2.72M
NOI build-up
Gross scheduled income$515k
Vacancy & credit loss−$40k
Operating expenses−$119k
NOI · 1,425,416.00% cap applied$356k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$179/SF
County average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$110 – $306

Cap rate analysis

How does the asset earn?
1,425,416.00%
$356k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R4
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.4
Building Supply14.8
Hair Salon14.2

Location

1425 W Granada Blvd Ormond Beach, FL 32174
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
160 Nova, Ormond Beach, FL 32174-6115 $9,700,000 May 2024 78,770 SF
1112 Granada, Ormond Beach, FL 32174 $4,840,000 Oct 2021 14,600 SF
1930 Granada, Ormond Beach, FL 32174-5713 $4,640,000 May 2019 19,950 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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