454 Yonge St Ormond Beach, FL 32174-7501
This exceptional office property in Ormond Beach, Florida offers 16,834 square feet of newly renovated space, perfect for a variety of businesses. The building, constructed in 1985 and extensively renovated in 2016, features 17 suites across two stories, with a minimum divisible space of 250 square feet and a maximum contiguous space of 2,155 square feet. Six individual suites are currently available, ranging in size to accommodate diverse needs. The property boasts a highly visible location on heavily trafficked Yonge Street (US-1), offering excellent signage opportunities. Ample parking is provided for tenants and clients. The B-5 zoning allows for a range of professional uses. The convenient location offers easy access to West Granada Boulevard and I-95, making it an ideal location for businesses seeking high visibility and convenient access to major transportation routes. Tenants are responsible for rent, utilities, and sales tax; the owner covers real estate taxes, hazard insurance, and building maintenance. This property presents a fantastic opportunity for law firms, CPAs, financial services companies, or investors seeking a value-add opportunity. The property's APN is 424210030200, located in Volusia County.
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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
B5 · Ormond Beach, FLOrmond Beach. 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.