You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Turn key restaurants

175 S Nova Rd Ormond Beach, FL 32174

22,051 SF 1.94 ac lot Built 2006
Individually Owned 22-yr Hold Free & Clear
Property ID
US18-4000427
Property summary
AI-generated overview

This exceptional 2,800 square foot turnkey restaurant space is available for lease within the vibrant Nova Shoppes strip center. Situated on Nova Road, just south of Granada Boulevard, this endcap unit boasts high visibility and prominent signage on both the building façade and a pylon sign. The space features both indoor and outdoor seating areas, a fully equipped kitchen, and a bar, making it ideal for immediate occupancy. The property benefits from a high-traffic location within a densely populated neighborhood, ensuring a strong customer base. Nova Shoppes offers a diverse mix of established businesses, including Firehouse Subs, Emerald Spa & Nails, Kneading Sweets, Gloss Bridal and Beauty Bar, A New U, and Koji Japanese Steakhouse, with Club Pilates soon to join the center. The total building size is 22,085 square feet, and the property is zoned PBD (Planned Business Development). Estimated common area maintenance (CAM), real estate taxes, and insurance are $6.50 per square foot. Enjoy convenient access to Interstate 95, approximately 2.7 miles away. This is a prime opportunity for a restaurant operator seeking a well-established location with significant foot traffic and visibility. The space is ready for immediate operation, minimizing setup time and maximizing revenue potential. Don't miss this chance to establish your restaurant in a thriving commercial center.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,051 SF
Lot 1.94 ac (84,303 SF)
Zoning code B1
APN 4221-01-05-0200
UPID US18-4000427
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
  • First Volusia Tag Agency of Ormond Beach Vehicle Inspection Center
  • MamaBare Sugaring Studio of Ormond Beach Hair Salon
  • Gloss Beauty Bar Hair Salon Nail Salon
  • Permanent Cosmetics Spa & Massage Center Alternative Medicine Practice
  • Infusion Salt Spa Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k
Owner & transaction history
Paul F Holub · 22 yrs held
Paul F Holub
since 2004
4 recorded transactions
2004
$670,000
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B1 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message