Port Orange, FL 32127,Address not disclosed
Port Orange, FL 32127,Address not disclosed
Port Orange, FL 32127,Address not disclosed
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$1,950,000
Est. payment /mo
8,285 SqFt

UPDATED:

12/21/2024 02:39 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,285 sqft

Price per Sqft $235

MLS Listing ID O6261865

HOA Y/N No

Originating Board Stellar MLS

Year Built 1972

Annual Tax Amount $16,406

Lot Size 1.460 Acres

Acres 1.46

Property 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 Florida's most dynamic commercial corridors.

Don't 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!

Location

State FL

County Volusia

Zoning PCD

Interior

Heating Central, Electric, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate, Other, Tile

Appliance Touchless Hand Dryers

Exterior

Parking Features Parking Spaces - 19 to 30, Common

Community Features Sidewalks

Utilities Available Public

Roof Type Metal,Shingle,Tile

Building

Lot Description Corner Lot, Fire Hydrant, City Limits, Infrastructure In, Oversized Lot, Retention Areas, Sidewalk, Street Lights, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Structure Type Brick,Concrete

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional, Trade

Listing Terms Cash, Conventional, Trade

Special Listing Condition None


Read Less Info
Stellar MLS
Listed by COLDWELL BANKER ENVISION RE

Learn More About LPT Realty

agent

Robyn Stahl

+1(386) 681-7206

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