Technical
Financial
Distress signals
Property profile

3731 Nova Rd Port Orange, FL 32129

OFF-MARKET
Investment properties
Property ID
US18-5582950
5,600 SF 0.37 ac lot Built 1980
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents three contiguous one-acre commercial outparcels totaling three acres, ideally situated on South Nova Road in Port Orange, Florida. Each parcel is individually priced at $700,000, offering flexibility for various development scenarios. The property boasts a highly desirable OP zoning designation, making it suitable for a wide range of commercial uses, particularly attractive to national franchises and developers. The parcels benefit from a cross-access agreement, enhancing convenience and accessibility. Located in Volusia County, the site enjoys excellent visibility and high traffic volume, with an average annual daily traffic count of 18,000 vehicles on South Nova Road. The surrounding area demonstrates strong demographics, featuring an average household income of $59,000 within one mile and a substantial population base: 18,900 within one mile, 100,000 within three miles, and 144,000 within five miles. The property's legal description includes the following Folio IDs: 6337-01-25-0027, 6337-01-25-0043, and 6337-01-25-0040. This prime location, combined with its zoning and accessibility, presents a compelling opportunity for significant return on investment. The address is 3731 S Nova Rd, Port Orange, FL 32129.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,600 SF
Lot 0.37 ac (16,059 SF)
Zoning code PO
APN 6337-01-25-002A
UPID US18-5582950

Cap rate & NOI

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

Location

3731 Nova Rd Port Orange, FL 32129-4233
Port Orange metro Census 82503 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.07M
Comparable Approach Comparable
$891k
Blend (final) Blend
$285k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2005
Price N/A
2004
Price N/A
1986
Price N/A

Zoning & alternative use

PO · Port Orange, FL
Zoning description

The professional office (PO) district is intended to provide areas for business, government, industry, medical, professional, or service offices

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Auto repair, garage $1.4M +27.1%
Warehouse, storage $1.2M +6.0%

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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