Financial
Distress signals
Property profile

280 S Yonge St Ormond Beach, FL 32174

FOR SALE
Other warehouses
Property ID
US18-3361871
78,212 SF 9.48 ac lot 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.
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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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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