Ormond Commerce Park

Industrial for Sale
Catylist Listing ID: 30024121
Property Subtypes: Industrial-Business Park
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Sale Price: $130,000 - 535,000
Unit Price: $21.67 - 89.17 PSF
Office SF: 1,500 SF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

4 units remaining in the Ormond Commerce Park commercial condos at 1287 N US Hwy 1, Ormond Beach, FL. This is the first building in the Ormond Commerce Park and has direct frontage and visibility from US Hwy 1. Each of the four available units is 1,500 SF for a total available of 6,000 SF. Some units are built out, others are shell. Each unit is 60' deep x 25' wide and has 18' ceilings. Roll up doors are grade level for each unit and there are 2 units with doors 14' X 10' and two units with doors 12' X 10'. High quality tilt wall construction completed in 2008 with impact glass in the windows. 3-phase power is available at the property if desired.

Unit 1 is built out with private offices and has HVAC and one bathroom. Unit 2 is a shell. Unit 3 is a shell. Unit 4 has a A/C and a small office in the back with a restroom. All units can be easily combined by punching thru the firewall.

Three of the units are currently leased. Seller will sell as many units as buyer desires and will consider seller financing. Condo fees are $120.00 per month per unit and cover insurance, water/trash and common area maintenance.

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Airports: Daytona International APO,
Total Number of Buildings: 4
Number of Stories: 1
Typical SF / Floor: 1,500 SF
Property Condition: Excellent
Year Built: 2008
Zoning Description: I-1, Light Industrial

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,302 47,007
Median Age: 50.6 52.03
Households: 5,414 21,658
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