Property profile

280 S Yonge St Ormond Beach, FL 32174

FOR SALE
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Property ID
US18-3361871
78,212 SF 9.48 ac Built 1965
Last sale Aug 2007
Trust Owned Owner of record is a trust. 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a mixed-use portfolio totaling 107,612 square feet, consisting of a 78,212-square-foot multi-tenant retail center and a 29,400-square-foot office building. The retail component is configured as multiple tenants and is anchored by Kalin Home Furnishings. The separate office building is a standalone office facility that has been historically used by a medical billing tenant.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$93k
Tax billed · 2023
Assessed value$5.21M
Assessed land$1.13M
Assessed improvement$4.09M
Effective rate1.78%

Value estimate

· Nov 2026
$7.69M
$6.92M – $8.45M
CAP approach$9.68M
Submarket $/SF estimate$7.15M
NOI build-up
Gross scheduled income$1.61M
Vacancy & credit loss−$166k
Operating expenses−$434k
NOI · 10.48% cap applied$1.01M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$123/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$74 – $195

Cap rate analysis

How does the asset earn?
10.48%
$1.01M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B5
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.8
Pharmacy10.0
Laundry Service9.5

Location

280 S Yonge St Ormond Beach, FL 32174
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1815 Us Hwy 1st, Ormond Beach, FL 32174-2579 $1,450,000 May 2025 17,828 SF
454 Yonge, Ormond Beach, FL 32174-7501 $1,750,000 Mar 2025 16,834 SF
4 Sunshine, Ormond Beach, FL 32174-8754 $20,000,000 Dec 2024 162,059 SF
15 Sunshine, Ormond Beach, FL 32174-2921 $1,600,000 Jan 2024 29,806 SF
131 Business Ctr, Ormond Beach, FL 32174-6625 $5,125,000 Oct 2023 12,000 SF
3 Aviator, Ormond Beach, FL 32174-2982 $2,700,000 Sep 2023 15,932 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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