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    3741 Nova Rd Port Orange, FL 32129-4233
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    Property profile & analytics

    3741 Nova Rd, Port Orange, FL 32129-4233

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    • Investment properties
    • 3,570 SF
    • 2.31 lot acres
    Off-Market
    Last Sale Dec 30, 2021
    $695,000
    Property ID
    US19-0895883
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $710,000
    Show details
    Cap Rate Potential
    5.6%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 3741 Nova Rd

    Year built
    1979
    Construction
    CONCRETE
    Lot size
    2.31 lot acres
    Zone code
    PO
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    6337-01-25-0033
    APU
    633701250033

    Description

    This 6,814 square foot medical office building in Port Orange, Florida, presents a unique investment opportunity. Built in 1985, the single-tenant property boasts 3,570 square feet of readily available space, previously occupied by a bank featuring a four-lane drive-through. Situated on over two acres of land at 3741 S Nova Rd, 32129, the property offers exceptional visibility and accessibility due to its prominent location on Nova Road, including two curb cuts and a convenient loop around the parking lot. The flexible zoning allows for a variety of uses, including retail, restaurant, or professional/medical offices. Build-to-suit options are available, catering to specific business needs. High traffic counts on Nova Road ensure strong potential for any business. This property is an excellent choice for businesses seeking a high-profile location with ample space and convenient access. The property's size and location make it an attractive option for a variety of uses, offering significant potential for growth and return on investment. The existing infrastructure, including the drive-through, presents a unique advantage for businesses requiring such a feature. The property's versatility and prime location combine to create a compelling opportunity for a discerning investor.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $785,000
      ML approach
      $605,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $735,000
      6.5%
      $680,000
      7%
      $630,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $805,000
      Market price range: $335k - $805k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $700,000
      Current use
      AUTO REPAIR, GARAGE
      $885,000
      Change: +27% Conversion: Difficult
      WAREHOUSE, STORAGE
      $740,000
      Change: +6% Conversion: Difficult
      MEDICAL BUILDING
      $665,000
      Change: -5% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $640,000
      Change: -8% Conversion: Difficult
      RETAIL STORES
      $630,000
      Change: -10% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -81.0073
    Latitude
    29.1327
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,116
    $427,763
    $296,696
    $724,459
    -
    $427,763
    $296,696
    $724,459
    More about this property
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