1291 N US Highway 1 #7
About This Property
The manager has listed the unit size as 1256 square feet.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2026 | Listed | $299,000 | |
| Listed | |||
| |||
|
Excellent opportunity to own an end-unit commercial condominium in Ormond Commerce Park. Ideally positioned along US Highway 1, this well-maintained unit offers abundant natural light, excellent accessibility, and a functional layout suitable for a variety of office, flex, warehouse, or light industrial uses, subject to zoning and condominium regulations. Conveniently located approximately 2 miles from Interstate 95 and Destination Daytona, and just 2.5 miles from Nova Road, the property provides easy access to Ormond Beach, Daytona Beach, and the surrounding business community. Whether expanding your business or adding to your investment portfolio, this property offers a prime location within one of the area's established commercial parks. Buyer to verify all information, including dimensions, permitted uses, zoning, and condominium requirements.
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| Aug 18, 2022 | No longer available | - | |
| No longer available | |||
| Jun 17, 2022 | Price Decreased |
$299,000
↓ $26K
(8%) | |
| Price Decreased | |||
| Apr 7, 2022 | Listed | $325,000 | |
| Listed | |||
| | |||
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Remarkable office/warehouse space available in the Ormond Commerce Park located in Ormond Beach, Fl. This fully built-out condo unit sits directly on US Highway 1 with easy access to I-95 and I-4 Interstates and close proximity to Daytona, Orlando, and Jacksonville. This unit features approx. 540sqt upstairs with 3 offices and waiting room with and additional 2 offices/storage rooms, bath with shower, small kitchenette, and approximately 700 sqft of warehouse space with huge 12'x14' rollup door on the main level. The manager has listed the unit size as 1256 square feet.
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| Feb 18, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2022
|
Loft
|
-
|
1256 ft²
|
$199,900
Loft
-
1256 ft²
|
-
-
|
Beau Warren
Realty Pros Assured
| |
|
04/07/2022
|
Loft
|
-
|
1256 ft²
|
$325,000
Loft
-
1256 ft²
|
-
-
|
Beau Warren
Realty Pros Assured
| |
|
08/10/2021
|
Loft
|
-
|
1256 ft²
|
$325,000
Loft
-
1256 ft²
|
-
-
|
Scott Nicholson
Triangle Realty
| |
|
01/07/2021
|
Loft
|
-
|
-
|
$700,000
Loft
-
|
-
-
|
Scott Nicholson
Triangle Realty
| |
|
04/17/2020
|
Loft
|
-
|
1256 ft²
|
$200,000
Loft
-
1256 ft²
|
-
-
|
-
| |
|
12/21/2018
|
Studio
|
-
|
3780 ft²
|
$8
Studio
-
3780 ft²
|
-
-
|
-
| |
|
09/03/2018
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
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Building Info
About Ormond Commerce Park Condominiums
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,950 /mo
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- 2,361 ft²
$2,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017