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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    525 Monroe St Port Orange, FL 32127

    • Commercial real estate
    For Sale
    View listing
    $55,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0904578
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 525 Monroe St

    Property type
    Commercial real estate

    Description

    This exceptional 5,950.3 square foot commercial and residential lot is situated in desirable Port Orange, Florida, at 525 Monroe Street, zip code 32127. The property boasts a prime location, offering the best of both worlds: tranquil suburban living with easy access to vibrant amenities. Its proximity to the beach (less than 5 minutes away) and a nearby boat ramp makes it perfect for those who enjoy an active outdoor lifestyle. Imagine building your dream home or commercial venture just moments from the sun, sand, and sea. This lot is particularly attractive due to its location within a highly-rated school district, ensuring convenience and peace of mind for families. Furthermore, the absence of a homeowner's association (HOA) provides additional flexibility and freedom. The asking price for this remarkable opportunity is $70,000. Note that provided photos are for illustrative purposes only. This property presents a unique chance to acquire a versatile lot in a sought-after area of Port Orange. Don't miss out on this chance to build your future in this idyllic coastal community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.9873654
    Latitude
    29.1404422

    Comparable in this City

    • $2,600,000
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      Prime Port Orange Riverfront Land

      4.74 Acres, 10 Homes + 16 Townhomes Planned
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    • $315,000

      4714 Montrose Avenue

      Land
      4714 Montrose Ave, Ponce Inlet, FL 32127
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    • $360,000

      Oceanfront Ponce Inlet Land

      Prime Commercial/Residential Lot, 10,624 sq ft
      17 Mar Azul, Ponce Inlet, FL 32127
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    • $949,000

      Prime Waterfront Land, Port Orange

      .62 Acre Waterfront Lot, Build Your Dream Home
      5948 Riverside Dr, Port Orange, FL 32127
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    • $1,200,000
      4,852 SF

      Port Orange Mixed-Use Investment

      Waterfront property, high potential.
      6292 Ridgewood Ave, Port Orange, FL 32127
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    • $950,000

      Riverside Drive Commercial Land

      Prime Port Orange Land: 29,185 sq ft
      5948 Riverside Dr, Port Orange, FL 32127
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    Similar Nearby for Sale

    • $7,248,999
      22.70 Acres

      Port Orange Multifamily Development

      22.7 Acres, 300+ Units, Prime Location
      4290 Spruce Creek Rd, Port Orange, FL 32127
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    • $950,000

      Riverside Drive Commercial Land

      Prime Port Orange Land: 29,185 sq ft
      5948 Riverside Dr, Port Orange, FL 32127
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    • $360,000

      Ponce Inlet Coastal Land Opportunity

      Prime oceanfront lot, build your dream home
      54 Turn Cir, Ponce Inlet, FL 32127
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    • $425,000

      Ponce Inlet Commercial Land

      Prime Coastal Lot, Build Your Dream
      120 Inlt Hbr Rd, Ponce Inlet, FL 32127
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    • $315,000

      4714 Montrose Avenue

      Land
      4714 Montrose Ave, Ponce Inlet, FL 32127
      View Details
    • $360,000

      Oceanfront Ponce Inlet Land

      Prime Commercial/Residential Lot, 10,624 sq ft
      17 Mar Azul, Ponce Inlet, FL 32127
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      2,800 SF

      Port Orange Medical Office Condo

      2800 SF Office Condo for Lease
      3890 Turtle Creek Dr, Port Orange, FL 32127
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    • $14 SF/Yr
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      Port Orange Flex Space For Lease

      Modern flex space, 10,075 sqft, divisible.
      4441 Eastport Park Way, Port Orange, FL 32127
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    • $45 SF/Yr
      15,827 SF

      Retail Space in Gateway Center

      Prime retail location with Dunlawton Avenue frontage and high visibility.
      1781 Dunlawton Ave, Port Orange, FL 32127
      View Details
    • $865 /Mo
      5,715 SF

      Port Orange Office Space Available

      Small office space for rent in Port Orange, Florida.
      4393 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $1,700 /Mo
      1,350 SF

      Versatile Warehouse Space Available

      Adaptable commercial space near Intracoastal Waterway, ideal for various businesses.
      4610 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • Contact for pricing

      Retail Space on Nova Road

      Retail space available in Port Orange shopping center.
      4025 South Nova Rd, Port Orange, FL 32127
      View Details
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    525 Monroe St
    Port Orange, FL 32127
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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