$273,392*
●
Commercial -
Off Market
725 W Granada Boulevard #8
Ormond Beach, FL 32174
Studio
0 Bath
1,080 Ft²
$162,000 - $196,000
Reference Base Price*
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
Own don't rent!! Prime Granada Boulevard Office/medical space in
Ormond Beach. The subject space is 1,080 sq/ft of shell space.
Potentially available up to 2,160 sq/ft.This one story office
building is situated on a beautiful site with abundant parking and
easy access. This very well located beautiful 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 two
units that comprise the space. This property represents a great
opportunity to locate your business on Granada Blvd!
The manager has listed the unit size as 1080 square feet.
The manager has listed the unit size as 1080 square feet.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
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%
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
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Income Per Year
Expenses Per Year
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 |
|---|---|---|---|
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Jan 27, 2020 | Relisted | $174,900 | |
| Relisted | |||
| Jan 26, 2020 | No longer available | - | |
| No longer available | |||
| Jun 6, 2019 | Price Decreased |
$174,900
↓ $5K
(2.8%) | |
| Price Decreased | |||
| Mar 9, 2019 | Listed | $179,900 | |
| Listed | |||
| | |||
|
Prime office/medical space on Granada in Ormond Beach. Own don't rent!! The subject space is 1,080 sq/ft of shell space. This one story office building is situated on a beautiful site with abundant parking and easy access. This very well located beautiful 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! This property represents a great opportunity to own and locate your business on Granada Blvd! Join some of the most prestigious businesses in Ormond Beach. Up to 2,160 sq/ft is available. See MLS 1054803. Premium Ormond location! Legal description is for one of the units that comprise the space. The manager has listed the unit size as 27000 square feet.
| |||
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