Property profile

300 Clyde Morris Blvd Ste A Ormond Beach, FL 32174

OFF-MARKET
Parking lots & garages
Property ID
US18-4576046
8,119 SF 0.22 ac lot Built 1994
Individually Owned 26-yr Hold Absentee Owner
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Property summary

AI-generated overview

This exceptional 8,110 square foot commercial property, located at 300 Clyde Morris Boulevard in Ormond Beach, Florida, presents a compelling investment opportunity. Built in 1994, this versatile property boasts a prime location near Advent Hospital and the new VA Clinic, ensuring high visibility and accessibility. The property is classified as Retail, Land, and Office, offering flexibility for a variety of uses. Currently, a high-quality tenant occupies the space, providing a stable income stream. The property consists of a single unit and sits on a lot with no recorded square footage. The asking price is $2,250,000. This property is ideal for investors seeking a strong return in a thriving Florida market, benefiting from its proximity to major healthcare facilities and a robust local economy. The address is 300 Clyde Morris Boulevard, Ormond Beach, FL 32174. This is a rare opportunity to acquire a well-situated commercial property with a proven track record. The property's diverse zoning and strategic location make it an attractive investment for both short-term and long-term growth.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1994
Construction WOOD
Total area 8,119 SF
Lot 0.22 ac (9,440 SF)
APN 4229-08-00-0010
UPID US18-4576046

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency
  • Pediatrician Physician
  • Ophthalmologist
  • Physician Medical Clinic
  • Ophthalmologist

Location

300 Clyde Morris Blvd Ste A Ormond Beach, FL 32174-5909
Ormond Beach metro Census 80808 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.16M
Blend (final) Blend
$4.21M

Owner & transaction history

since 2000
4 recorded transactions
2004
Price N/A
2000
$538,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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