$426,427*
●
Commercial -
Off Market
725 W Granada Boulevard #11
Ormond Beach, FL 32174
Studio
0 Bath
27,000 Ft²
$270,000 - $328,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Prime Granada Blvd Office/Medical space in Ormond Beach. Own don't
rent!! The subject space is 2,160 sq/ft of shell space. This one
story office building is situated on a beautiful site with abundant
medical ratio parking and easy access. Monument signage included.
This very well located building has high ceilings & storm
rated doors and windows. The price is for shell space with build
out to be completed by purchaser. The impact fees for office use
are included! Legal description is for one of the 4 units
that comprise the space. This property represents a great
opportunity to locate your business on Granada Blvd! Join some of
the most prestigious businesses in Ormond Beach. Perfect for
medical, dental, law office, CPA, real estate, title, and many
other uses.
The manager has listed the unit size as 27000 square feet.
The manager has listed the unit size as 27000 square feet.
Unit Size
27,000 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$11
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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 |
|---|---|---|---|
| Mar 12, 2024 | No longer available | - | |
| No longer available | |||
| Nov 11, 2023 | Listed | $665,900 | |
| Listed | |||
| | |||
|
Prime Ormond Beach office space for sale. This property includes 1,620 sq/ft of built out space and the adjacent 1,080 sq/ft of shell space. The 1,620 sq/ft has a very cool open plan with high ceilings. There is a reception area, conference room, 2 offices, two work stations, break area, & storage. Excellent location and quality space. Ideal for many uses including medical, or dental. The open plan would be easy to remodel for other uses. The adjacent two 1,080 sq/ft spaces are available and can be combined for up to 2,700 or 3,780 sq/ft of total space. There is abundant parking and many top medical and other businesses are located in the facility. The manager has listed the unit size as 27000 square feet.
| |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Jan 27, 2020 | Relisted | $299,900 | |
| Relisted | |||
| Jan 26, 2020 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/11/2023
|
Loft
|
-
|
27000 ft²
|
$665,900
Loft
-
27000 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
02/29/2024
|
Loft
|
-
|
1080 ft²
|
$450,000
Loft
-
1080 ft²
|
-
-
|
Allison Gartrell
Adams, Cameron & Co., Realtors
| |
|
02/24/2023
|
Loft
|
-
|
1080 ft²
|
$183,600
Loft
-
1080 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
11/21/2023
|
Loft
|
-
|
27000 ft²
|
$20
Loft
-
27000 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
11/10/2023
|
Loft
|
-
|
27000 ft²
|
$486,000
Loft
-
27000 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
04/22/2022
|
Loft
|
-
|
1080 ft²
|
$189,900
Loft
-
1080 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
10/22/2020
|
Loft
|
-
|
27000 ft²
|
$189,900
Loft
-
27000 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
03/09/2019
|
Studio
|
-
|
27000 ft²
|
$179,900
Studio
-
27000 ft²
|
-
-
|
-
| |
|
03/09/2019
|
Studio
|
-
|
27000 ft²
|
$349,900
Studio
-
27000 ft²
|
-
-
|
-
| |
|
09/03/2018
|
Studio
|
-
|
27000 ft²
|
$379,900
Studio
-
27000 ft²
|
-
-
|
-
| |
|
09/03/2018
|
Studio
|
-
|
1080 ft²
|
-
Studio
-
1080 ft²
|
-
-
|
-
|
Building Info
725 West Granada Boulevard
725 West Granada Boulevard, Ormond Beach, FL 32174
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017