Property profile

1870 Granada Blvd Ormond Beach, FL 32174

OFF-MARKET
Office buildings
Property ID
US18-2027813
4,975 SF 0.78 ac lot Built 2005
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,975 square foot executive office building in Ormond Beach, Florida, presents a unique leasing opportunity. Located on high-visibility Granada Boulevard in Volusia County, this 2005-built property offers two suites: a 2,976 square foot unit and a 1,919 square foot unit, both currently vacant. The building is zoned PUD and boasts a wealth of amenities including two conference rooms, seventeen private offices, two breakrooms, five restrooms, and two separate lobbies with individual entrances. The property features freestanding signage for optimal visibility and is meticulously maintained, creating a professional and inviting atmosphere. Ideal for a variety of professional businesses, including but not limited to legal, insurance, real estate, or financial services firms. The building's convenient location offers easy access to Interstate 95 (approximately 0.7 miles), Interstate 4 (8 miles), and SR 100 (16.5 miles), placing it within easy reach of a large workforce. Nearby amenities include Publix, Lowe's, various restaurants, and other retail establishments. The estimated combined cost of CAM, real estate taxes, and insurance is $6.11 per square foot. Lease the entire 4,975 square feet or choose individual suites to suit your specific needs. This is a truly exceptional opportunity to establish your business in a highly desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,975 SF
Lot 0.78 ac (33,977 SF)
Zoning code R1C
APN 4125-00-00-0140
UPID US18-2027813

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
  • Law Firm

Location

1870 Granada Blvd Ormond Beach, FL 32174-5712
Ormond Beach metro Census 83205 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$695k

Owner & transaction history

since 2012
6 recorded transactions
2012
$550,000
2011
$1.0M
2004
Price N/A
2003
$120,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R1C · 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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