Address Not Provided
Priced at Only: $2,200,000
Would you like to sell your home before you purchase this one?
- MLS#: O6261865 ( Commercial Sale )
- Street Address: Address Not Provided
- Viewed: 1
- Price: $2,200,000
- Price sqft: $243
- Waterfront: No
- Year Built: 1972
- Bldg sqft: 9072
- Days On Market: 12
- Acreage: 1.46 acres
- Additional Information
- County: VOLUSIA
- City: PORT ORANGE
- Zipcode: 32127
- Provided by: COLDWELL BANKER ENVISION RE
- Contact: Andrew Max
- 386-427-3602
- DMCA Notice
Description
**"Exceptional Investment Opportunity in Port Orange!"** This 15 unit, leased property is a standout in the commercial real estate market, offering stability, growth potential, and a prime location. Anchored by the Florida Department of Agriculture, this property features a diverse tenant mix, including medical offices, property management, accounting firms, service providers, and manufacturing businesses. The Florida Department of Agriculture has a secure 5 year lease in place, with escalations starting in 2025 and two additional 2 year renewal options, ensuring long term stability.
Spanning an impressive 1.46 acres, the property boasts approximately 9,000 square feet of office and flex space, including the distinctive octagon building. Over the years, the property has undergone significant improvements, enhancing its functionality, appeal, and market value. With ample private parking and well maintained grounds, it provides a professional and inviting environment for tenants and their clients alike.
Strategically situated near the high traffic S. Nova Road, this property benefits from excellent visibility and accessibility, making it an attractive location for businesses across various industries. The surrounding area is thriving, with a mix of national retailers, restaurants, and entertainment options, including Publix, Walmart Supercenter, CVS Pharmacy, and more. This prime location ensures a steady flow of potential clients and customers for tenants, contributing to the property's appeal as a reliable income generating asset.
Importantly, the property has never experienced flooding during the 2022 or 2024 hurricanes, offering peace of mind to investors and tenants alike. Its resilience underscores its value as a secure and sound investment in an ever growing market.
Whether you are an experienced investor seeking a stable income producing asset or a buyer looking for long term growth potential, this property delivers on all fronts. Its blend of location, tenant diversity, recent improvements, and income stability makes it a rare opportunity in one of Floridas most dynamic commercial corridors.
Dont miss this chance to own a premier commercial property in the heart of Port Orange. Contact us today for more details or to schedule a private tour!
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Covered Spaces: 0.00
- Flooring: Carpet, Laminate, Other, Tile
- Living Area: 8285.00
- Roof: Metal, Shingle, Tile
Property Information
- Property Condition: Completed
Land Information
- Lot Features: Corner Lot, Fire Hydrant, City Limits, Infrastructure In, Oversized Lot, Retention Areas, Sidewalk, Street Lights, Paved
Garage and Parking
- Garage Spaces: 0.00
- Parking Features: Parking Spaces - 19 to 30, Common
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air, Wall/Window Unit(s)
- Electric: Separate Meters
- Heating: Central, Electric, Wall Units / Window Unit
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: Public
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Net Operating Income: 117244.00
- Tax Year: 2023
Other Features
- Accessibility Features: Accessible Approach with Ramp, Accessible Entrance
- Appliances: Touchless Hand Dryers
- Country: US
- Legal Description: 15-16-33 IRREG PARCEL BEING N 249.75 FT OF S 477.15 FT MEAS ON E/L OF W 275 FT OF E 695 FT MEAS ON N/L & BEING 95.35 FT ON W/L LYING W OF ISABELLE AVE & S OF REGENCY ST OF SW 1/4 OF NE 1/4 PER OR 4736 PGS 4508-4509 PER OR 5968 PG 2903 PER OR 8297 PG 0426
- Levels: One
- Area Major: 32127 - Port Orange/Ponce Inlet/Daytona Beach
- Occupant Type: Tenant
- Parcel Number: 63-15-00-00-0103
- Possession: Close of Escrow
- Zoning Code: PCD
Contact Info
- Martin Scott Realty
- Service You Deserve ~ People You Trust
- 321.297.8991
- martinscottrealty@yahoo.com