Technical
Financial
Distress signals
Property profile

3741 Nova Rd Port Orange, FL 32129

OFF-MARKET
Investment properties
Property ID
US19-0895883
3,570 SF 2.31 ac lot Built 1979
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1979
Construction CONCRETE
Total area 3,570 SF
Lot 2.31 ac (100,650 SF)
Zoning code PO
APN 6337-01-25-0033
UPID US19-0895883

Cap rate & NOI

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

Location

3741 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
$605k
CAP Approach CAP
$680k
Comparable Approach Comparable
$805k
Blend (final) Blend
$785k

Owner & transaction history

since 2021
Last sale
$695,000
2 recorded transactions
2021
$695,000
2007
$1.8M

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 $885,000 +27.1%
Warehouse, storage $740,000 +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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