100 Business Center DrOrmond Beach, FL 32174

Property Details for 100 Business Center Dr

Year built

1999

Construction

WOOD

Lot size

3.42 AC

Property size (Sq ft)

36,000 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

3231-10-00-0010

APU

323110000010

Description

This exceptional commercial property, located at 100, 131 & 132 Business Center Dr, Ormond Beach, FL 32174, offers a diverse range of office solutions. The complex comprises three single-story buildings totaling 77,800 square feet, constructed in 1999 and classified as Class B. Currently, there is 1,000 square feet of vacant space available for lease. The property is zoned I-1 and features a variety of office configurations suitable for traditional office setups, executive suites, or flexible workspace arrangements. The buildings are situated conveniently near US Hwy 1, offering excellent accessibility and visibility. The property's APN is 323110000080, and it's located in Volusia County. This multi-tenant property presents a unique opportunity for businesses seeking a well-established and versatile office environment in a prime Ormond Beach location. The available space provides a chance to customize and tailor the workspace to meet specific business needs. Interested parties should inquire about the available space and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $7,598,648

  6.5%

  $7,014,136

  7%

  $6,513,126

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,228,954

  Geo Method

  $6,228,954

• Alternative Use

  Use

  Valuation

  Residential

  $7,014,136

  Hospitality

  $6,424,911

  Educational

  $5,345,450

  Medical

  $5,529,289

  Retail

  $8,315,146

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Latitude

29.3244

Longitude

-81.1137

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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