Technical
Financial
Distress signals
Property profile

160 Nova Rd Ormond Beach, FL 32174

OFF-MARKET
Banks
Property ID
US18-3440319
5,223 SF 1.33 ac lot Built 1983
Entity Owned 18-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Atm
  • Atm
  • Business Service Center Corporate Office
  • Loan Service Bank
  • Bank Loan Service

Location

160 Nova Rd Ormond Beach, FL 32174-5122
Ormond Beach metro Census 80807 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.52M

Owner & transaction history

since 2007
Last sale
$2.0M
2 recorded transactions
2011
Price N/A
2007
Price N/A

Zoning & alternative use

B8 · Ormond Beach, FL

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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