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Property profile & analytics
FOR SALE
Manufacturing properties

82 N Yonge St Ormond Beach, FL 32174

3,320 SF 0.41 ac lot Built 1954
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US18-0211032
Property summary
AI-generated overview

This exceptional commercial property at 82 N Yonge Street, Ormond Beach, Florida, presents a rare investment opportunity. The 3,500 square foot building sits on a spacious 17,859.6 square foot lot and is currently vacant. Built in 1954, this mixed-use property previously operated as a successful auto repair shop and used car dealership for nearly two decades. The property boasts five lifts within the repair shop and ample outdoor space capable of displaying 40-45 vehicles, plus additional indoor display space for five cars. The property benefits from two convenient road accesses. Its location in a high-traffic area of Ormond Beach offers significant visibility and accessibility. Importantly, the auto repair and sales operations are grandfathered in, a unique advantage given current Ormond Beach zoning regulations that restrict new similar businesses. This presents a unique opportunity to acquire both the real estate and the established business, or to repurpose the space for other commercial uses. The asking price is $1,200,000. This property is zoned for retail, land, mixed-use, and office uses. Contact us today to learn more about this exceptional investment opportunity.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1954
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,320 SF
Lot 0.41 ac (18,000 SF)
Zoning code B5
APN 4241-01-09-0030
UPID US18-0211032
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ormond Fine Import Autos Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
John V Abramovic III · 19 yrs held
John V Abramovic III
since 2007
7 recorded transactions
2018
Price N/A
2007
$395,000
2006
$212,500
2004
$500,000
2002
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B5 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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