Technical
Financial
Distress signals
Property profile

730 Atlantic Ave Ormond Beach, FL 32176

OFF-MARKET
Other investment properties
Property ID
US18-3003160
7,374 SF 0.34 ac lot Built 1973
Individually Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This multi-suite professional office property is located in Ormond Beach along A1A, with convenient access to the mainland and major routes. The building’s ground-floor suite covers approximately 750 square feet and is configured with a reception area, conference room, private office, kitchen, bathroom, and a breakroom (with an optional additional office). Upgrades and interior features include luxury vinyl plank (LVP) flooring, high-end acoustic ceiling tiles, tall ceilings, and fresh interior paint. The second floor contains two suites of approximately 850 square feet each; the units can be leased separately or combined and each includes two private offices, one bathroom, a large reception area, and storage/break space. Second-floor suites feature fresh paint, commercial-grade carpeting, and ocean views. Access to the upper level is provided by stairway only, as there is no elevator. The property is set up for professional office use, with office zoning that does not permit medical or retail use, and it has limited parking suited to lower-traffic operations.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1973
Construction CONCRETE
Total area 7,374 SF
Lot 0.34 ac (14,880 SF)
APN 4223-10-02-0010
UPID US18-3003160

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
  • Property Management Company
  • Hotel & Motel

Location

730 Atlantic Ave Ormond Beach, FL 32176-7891
Ormond Beach metro Census 80500 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
$1.40M
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.15M

Owner & transaction history

since 2016
7 recorded transactions
2017
Price N/A
2017
Price N/A
2016
Price N/A
2016
$534,000
2015
$395,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.8M +66.2%
Medical building $1.3M +19.8%
Neighborhood: shopping center $1.3M +19.7%

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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