232 Yonge St Ormond Beach, FL 32174-6265
This exceptional Ormond Beach commercial property presents a rare investment opportunity. Located at 232 S Yonge Street, this mixed-use property boasts 1,328 square feet of versatile space, situated on a substantial 15,681.6 square foot lot (two parcels: 424109000980 and 424109000960, encompassing 232 S Yonge and 239 Washington Place). The main building, a unique log structure, features an open cathedral ceiling, a private bathroom, a loft with balcony, and a central vacuum system. Recent upgrades include a new roof, fresh exterior paint, a new ADA-compliant ramp, a new security/fire system, and updated landscaping. The property also includes a large 110 x 100 foot storage lot, fully secured with a new security fence, new trailer electrical hookups, a 24-foot roller gate, and security cameras. The property enjoys 110 feet of frontage on busy US1, just south of Granada Boulevard, offering excellent visibility and accessibility. Zoned B-4, this property is ideal for a variety of commercial uses, including retail, office, and convenience store operations. The asking price is $325,000. Building and land only; business not included. Built in 1985.
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ACME Asbestos Abatement & Remediation Services Construction Company
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
B4 · 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.