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Property profile & analytics
FOR LEASE
Manufacturing properties
2 Sunshine Blvd Ormond Beach, FL 32174
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3629639
For Lease
1 / 64
$40,013 SF/Yr
2 Sunshine Blvd, Ormond Beach, FL 32174
View Listing →
Property summary
AI-generated overview
This exceptional 3,826 square foot traditional office space is ideally situated in the Ormond Airport Business Park in Ormond Beach, Florida. Boasting a single-tenant occupancy, this turnkey property offers immediate availability for businesses seeking a convenient and highly visible location. The space is situated on a corner lot within the complex, providing excellent visibility from Airport Road. Ample parking is available for employees and clients. The property enjoys easy access to major transportation arteries, including I-95 and US-1, ensuring seamless commutes for staff and clients. The building offers high-quality finishes throughout the 3,826 +/- square feet. A lease term of 3-5 years is preferred by the landlord. The property is located at 2 Sunshine Blvd, Ormond Beach, FL 32174, within Volusia County. This is a fantastic opportunity for a business seeking a well-located, move-in ready office space in a thriving area. The property is categorized as a traditional office space and is available for immediate occupancy.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Construction
WOOD
Total area
61,485 SF
Lot
4.5 ac (196,070 SF)
Zoning code
I1
APN
4218-00-03-0010
UPID
US18-3629639
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
-
Best Way Tools Production Facility Factory
-
Mayhew/Bestway Industrial Manufacturer Production Facility
-
United Water Restoration Franchise Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.22M
Owner & transaction history
Anderson Family Land Holdings · 11 yrs held
Anderson Family Land Holdings
since 2015
2 recorded transactions
Zoning & alternative use
I1 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ormond Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ormond Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$52 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$40,647
Tax year 2023
Assessed value
$2,489,250
Assessed 2023
Previous assessed
$2,313,202
+7.6% YoY
Effective rate
1.63%
On assessed value
Assessed land
$308,810
Assessed improvement
$2,180,440
Land market value
$308,810
Improvement market value
$2,180,440
Total market value
$2,489,250
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1982
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Bathrooms
4
Total area
61,485 SF
Lot
4.5 ac (196,070 SF)
Zoning code
I1
APN
4218-00-03-0010
UPID
US18-3629639
Jurisdiction
VOLUSIA
Zoning & alternative use
I1 · Ormond Beach, FL
Zoning I1 · permitted uses
I1 · Ormond Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ormond Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
4
Lot
4.5 ac
Current owner
From public records · entity-resolved
Anderson Family Land Holdings
Entity
Mailing address
166 DATAW DR, ST HELENA IS, SC 29920-3807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2015
$2,100,000
Anderson Family Land Holdings
Sunshine Boulevard R/e LLC
Warranty Deed
$1,575,000 · Miscellaneous Ins Co
Dec 16, 2011
—
Sunshine Boulevard R/e LLC
Stylemark LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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