PORT ORANGE, FL, 32127
$1,950,000
Commercial Sale
Living Area
8,285 Sqft
Lot Size
63,795 Sqft
**"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. Zoning is in the process of changing from PCD to OP for added value. Currently listed at approximately 6.3 CAP. 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 did not experience 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!
Property Details
Property Features Property Features
MLS ID: MFRO6261865 Year Built: 1972
Accessibility Features: Accessible Approach with Ramp, Accessible Entrance Appliances: Touchless Hand Dryers
Building Features: Bathrooms, Common Lighting, Dumpsters, Fencing, High Bays, Janitorial Services, Lit Sign on Site Community Features: Sidewalks
Construction Materials: Brick, Concrete Cooling: Central Air, Wall/Window Unit(s)
Country: US Disclosures: None
Electric: Separate Meters Flooring: Carpet, Laminate, Other, Tile
Foundation Details: Slab Green Indoor Air Quality: No Smoking-Interior Buildg
Heating: Central, Electric, Wall Units / Window Unit Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, Trade
Lot Features: Corner Lot, Fire Hydrant, City Limits, Infrastructure In, Oversized Lot, Retention Areas, Sidewalk, Street Lights, Paved Occupant Type: Tenant
Other Equipment: Irrigation Equipment Parking Features: Parking Spaces - 19 to 30, Common
Possession: Close of Escrow Property Condition: Completed
Property Sub Type: Mixed Use Property Type: Commercial Sale
Road Frontage Type: City Street Road Surface Type: Asphalt, Paved
Roof: Metal, Shingle, Tile Security Features: Closed Circuit Camera(s)
Sewer: Public Sewer Showing Requirements: Appointment Only, Call Before Showing, Call Listing Agent, Do Not Contact Tenants, No Lockbox
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Public
Vegetation: Trees/Landscaped Water Source: Public
Window Features: Aluminum Frames
We love to hear from you