Technical
Financial
Distress signals
Property profile

745 Volusia Ave Orange City, FL 32763

OFF-MARKET
Warehouses
Property ID
US19-0793761
7,650 SF 0.67 ac lot Built 1980
Individually Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional value-add investment opportunity presents a 7,500-square-foot retail storefront located at 745 N Volusia Ave, Orange City, FL 32763, on busy US HWY 17/92. The property, built in 1980, sits on a 23,700-square-foot lot and boasts a 100% occupancy rate with two tenants. Currently operating as a pawn shop, the space includes a 2,300-square-foot retail area and a 5,350-square-foot warehouse. The property offers significant upside potential with a current Net Operating Income (NOI) of $120,000, translating to a compelling 20.17% cap rate and a price per square foot of $79.33. The asking price is $595,000. The property features eight parking spaces and is zoned for commercial use. One-year remaining lease term is available. Inventory is negotiable for a potential buyer wishing to continue the existing pawn shop business. A partnership opportunity may also be available. This is a rare chance to acquire a multi-tenant retail property with strong cash flow and significant growth potential in a desirable location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,650 SF
Lot 0.67 ac (29,200 SF)
Zoning code C1
APN 8003-00-00-0828
UPID US19-0793761

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
  • Gun Shop Embroidery Service

Location

745 Volusia Ave Orange City, FL 32763-4805
Orange City metro Census 90804 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$945k
Comparable Approach Comparable
$558k
Blend (final) Blend
$355k

Owner & transaction history

since 2004
6 recorded transactions
2010
Price N/A
2004
$300,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Orange City, FL

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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