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2461 N Volusia Ave 6,600 SF 100% Leased Retail Building Orange City, FL 32763 $1,250,000 ($189.39/SF) 6.72% Cap Rate
Investment Highlights
- Significant near-term opportunity to add value through converting all units to NNN structure and pushing below-market rents to market.
- Recent Capital Improvements for added safety and parking at the rear of the building.
- Excess land included — eligible for outdoor storage income (RVs, boats, trailers).
Executive Summary
- Excess land included — eligible for outdoor storage income (RVs, boats, trailers).
- Significant near-term opportunity to add value through converting all units to NNN structure and pushing below-market rents to market.
- Recent Capital Improvements for added safety and parking at the rear of the building.
- Outstanding visibility on N Volusia Ave (US-17)
- Significant near-term opportunity to add value through converting all units to NNN structure and pushing below-market rents to market.
- Recent Capital Improvements for added safety and parking at the rear of the building.
- Outstanding visibility on N Volusia Ave (US-17)
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,600 SF
Building Class
B
Year Built/Renovated
1977/2026
Price
$1,250,000
Price Per SF
$189.39
Cap Rate
6.72%
NOI
$84,040
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.87 AC
Parking
35 Spaces (5.3 Spaces per 1,000 SF Leased)
Frontage
130’ on N Volusia Ave
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 7
Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
2461 N Volusia Ave