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Port Orange,FL 32127
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