Property profile

3761 S Nova Rd Port Orange, FL 32129

FOR LEASE
Community centers
Property ID
US18-5029024
96,362 SF 9.25 ac lot Built 1983
Individually Owned 29-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Park Place Plaza, located at 3761 S Nova Rd in Port Orange, Florida (zip code 32129), offers a prime retail space for lease. This multi-tenant commercial property boasts a total of 87,056 square feet, with 2,800 square feet currently available. Situated in Volusia County, this property presents a unique opportunity for businesses seeking high visibility and convenient access. The available space is ideal for a variety of retail uses, providing ample room for expansion and growth. The property's strategic location within Port Orange ensures high foot traffic and exposure to a substantial customer base. This is a fantastic chance to establish or expand your business in a thriving commercial area. The building is well-maintained and offers a professional environment. Interested parties are encouraged to inquire about lease terms and conditions. The property's address is easily accessible from major roadways, ensuring convenient access for both customers and employees. This retail space represents a strong investment opportunity in a dynamic and growing market. Don't miss out on this chance to secure a prominent location in a bustling commercial center. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 96,362 SF
Lot 9.25 ac (402,930 SF)
Zoning code PCD
APN 6309-15-00-0010
UPID US18-5029024

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Tanning Salon
  • Family Recreation Center
  • Courier Service Postal Service
  • Roofing Company General Contractor
  • Shipping Company Freight Service

Location

3761 S Nova Rd Port Orange, FL 32129
Port Orange metro Census 82503 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.94M
Blend (final) Blend
$9.74M

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

PCD · Port Orange, FL
Zoning description

Commercial Development (PCD), but a Master Development Agreement (MDA) was never adopted to implement the zoning. The City should work with the property owners and the owners of the four smaller adjoining properties that…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message