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    Property profile & analytics
    OFF-MARKET Estimated value $4,210,000
    Parking lots & garages

    300 Clyde Morris Blvd Ste A, Ormond Beach, FL 32174-5909

    8,119 SF 0.22 ac lot Built 1994
    Individually Owned 25-yr Hold Absentee Owner
    Property ID
    US18-4576046
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Roberts Ken Employment Agency
    • Michael J Parsons MD Pediatrician Physician
    • Roozbeh Akhtari Ophthalmologist
    • Dr. Frank Melograna Physician Medical Clinic
    • Ryan Scruggs Ophthalmologist
    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
    Gastroenterology Consultants · 25 yrs held
    Gastroenterology Consultants
    since 2000
    4 recorded transactions
    2004
    2000
    $538,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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