Financial
Distress signals
Property profile

431 S Nova Rd Ormond Beach, FL 32174

FOR LEASE
Community centers
Property ID
US18-0715837
42,224 SF 5.93 ac lot Built 1988
Last sale Jan 2026 · $7,775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Renaissance Center, located at 431 S Nova Rd, Ormond Beach, FL 32174, presents a compelling investment opportunity. This exceptional retail property encompasses 58,682 square feet of net rentable space, distributed across two single-story buildings on a substantial 258,178 square foot lot. Currently boasting 100% occupancy with 16 diverse tenants, this multi-tenant property offers immediate cash flow and a stable income stream. Built in 1988 and renovated in 1996, the property features…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$74k
Tax billed · 2023
Assessed value$4.56M
Assessed land$1.08M
Assessed improvement$3.48M
Effective rate1.63%

Value estimate

· Sep 2026
$5.13M
$4.62M – $5.64M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$179/SF
County average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$110 – $306

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B8
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.7
Electrical Service9.8
Plumbing Service9.7

Location

431 S Nova Rd Ormond Beach, FL 32174
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
160 Nova, Ormond Beach, FL 32174-6115 $9,700,000 May 2024 78,770 SF
1112 Granada, Ormond Beach, FL 32174 $4,840,000 Oct 2021 14,600 SF
1930 Granada, Ormond Beach, FL 32174-5713 $4,640,000 May 2019 19,950 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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
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