3731 Nova Rd Port Orange, FL 32129-4233
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PO · Port Orange, FLPort Orange. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.