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Property profile & analytics
OFF-MARKET
Investment properties

232 Yonge St Ormond Beach, FL 32174-6265

768 SF 0.11 ac lot Built 1985
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US19-0476322
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1985
Construction WOOD
Total area 768 SF
Lot 0.11 ac (4,730 SF)
Zoning code B4
APN 4241-09-00-0980
UPID US19-0476322
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
  • ACME Asbestos Abatement & Remediation Services Construction Company
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
by Request
Owner & transaction history
Michael Stone · 1 yrs held
Michael Stone
since 2024
Last sale
$300,000
6 recorded transactions
2024
$300,000
2021
Price N/A
2016
Price N/A
2003
Price N/A
2003
$152,000
1969
Price N/A
Zoning & alternative use
B4 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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