175 S Nova Rd Ormond Beach, FL 32174
For Sale
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Ormond Beach, FLOrmond Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.