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$ 950,000
Est. payment | /mo
5,344 SqFt
$ 950,000
Est. payment | /mo
5,344 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,344 sqft
Price per Sqft $177
MLS Listing ID 1209892
Year Built 2006
Annual Tax Amount $2,331
Lot Size 1,367 Sqft
Lot Dimensions 0.03
Property Sub-Type Office
Source Daytona Beach Area Association of REALTORS®
Property Description
Prime Investment Opportunity in Volusia County, FL! This income-generating property consists of four fully leased units, occupied by the Volusia County Sheriff's Office since 2014. With a recently renewed lease through May 2029 and options to extend, this NNN investment offers stability and strong returns with a 7.5% + CAP rate. Strategically located on N US Hwy 1, directly across from the future Ormond Crossings—a transformative 3,000-acre mixed-use development featuring a Town Center, Business Park, and diverse housing options. Benefit from high visibility with 25,500 AADT on US 1 and seamless access to I-95 and key area attractions.
Don't miss this rare opportunity to own a high-performing asset in a rapidly growing market!
Don't miss this rare opportunity to own a high-performing asset in a rapidly growing market!
Location
State FL
County Volusia
Direction South on N US Hwy 1 from I-95 to left on Destiny Dr.
Interior
Cooling Central Air
Exterior
Parking Features Additional Parking, Guest, Off Street, Parking Lot, Unassigned
Building
Lot Description Other
Structure Type Block,Stucco
Others
Senior Community No
Tax ID 3136-04-0D-00D1
Listed by Realty Pros Assured
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "