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

160 Nova Rd Ormond Beach, FL 32174-5122

5,223 SF 1.33 ac lot Built 1983
Entity Owned 18-yr Hold Free & Clear
Property ID
US18-3440319
Property summary
AI-generated overview

This exceptional 5,910 square foot retail storefront, located at 18335 US Highway 18 Suite A in San Bernardino County, presents a unique investment opportunity. Boasting 5,660 square feet of vacant space, this single-tenant property sits on a 0.4-acre lot and is zoned for Retail/Storefront use (APN: 0473-114-02). The building is a single-story structure with excellent visibility due to its prime location on a heavily trafficked highway, boasting an annual average daily traffic count of 46,000 vehicles. Its strategic position directly across from St. Mary's Hospital ensures a consistent flow of potential customers. Previously occupied by a secondhand store and, for many years prior, an independent sporting goods store, this versatile space is well-suited for a wide range of commercial uses. The property's history demonstrates its suitability for retail operations, offering a proven track record and established infrastructure. This high-visibility location provides unparalleled exposure to a large and captive audience, making it an ideal choice for businesses seeking significant foot traffic and brand recognition. The property's size and zoning flexibility offer considerable potential for customization and adaptation to meet the specific needs of a diverse range of businesses.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,223 SF
Lot 1.33 ac (57,935 SF)
Zoning code B8
APN 4221-00-01-0040
UPID US18-3440319
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
  • Truist - ATM Atm
  • SunTrust ATM Atm
  • Ormond Beach Marketplace Business Service Center Corporate Office
  • SunTrust Mortgage Loan Service Bank
  • Truist Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.74M
Owner & transaction history
Stflorida Portfolio LLC · 18 yrs held
Stflorida Portfolio LLC
since 2007
Last sale
$2.0M
2 recorded transactions
2011
Price N/A
2007
Price N/A
Zoning & alternative use
B8 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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