141 Sagebrush TrlOrmond Beach, FL 32174

  • Mixed-use properties
  • 6,044 SF
For Lease
$21/SF/YR View listing

Property Details for 141 Sagebrush Trl

Year built
1986
Construction
WOOD
Lot size
1.36 AC
Property size (Sq ft)
6,044 SF
Zone code
B9
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
4220-28-00-0010
APU
422028000010

Description

This exceptional 3,604-square-foot office space is available for lease in the South Forty Professional Centre, a Class B office complex located at 141 Sage Brush Trail, Ormond Beach, FL 32174. The single-tenant space boasts a desirable layout including four private offices, a reception area, a conference room, open workspace, two ADA-compliant restrooms, and a kitchen. Situated on a 1.36-acre lot, the property offers ample parking with 52 spaces. The building, constructed in 1986, features 11-14 foot ceilings and is part of a two-building complex totaling 12,088 square feet. The property benefits from high visibility due to over 300 feet of frontage on Granada Boulevard, and includes monument signage. Its convenient location is just 1.5 miles from I-95 and approximately 3.3 miles from AdventHealth Daytona Beach. The zoning is B-10 Suburban Boulevard, and utilities are serviced by Florida Power & Light. This space is ideal for a variety of professional uses, including medical, legal, financial, and architectural firms. The lease rate is $21.00 per square foot, NNN, with estimated CAM, taxes, and insurance totaling $9.48 per square foot. The property's APN is 4220-28-00-0010, and it's located in the Daytona Beach - Volusia County submarket within the East Central Florida cluster. The property is conveniently located at the corner of South Forty Trail, Sage Brush Trail, and Granada Blvd.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,275,728
    6.5%
    $1,177,596
    7%
    $1,093,482
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,045,772
    Geo Method
    $1,045,772
  • Alternative Use

    Use
    Valuation
    Residential
    $1,177,596
    Hospitality
    $1,078,671
    Educational
    $897,442
    Medical
    $928,306
    Retail
    $1,396,020
141 Sagebrush Trl, Ormond Beach, Florida

Location Insight

City
Ormond Beach
County
Volusia
State
Florida
Latitude
29.2694
Longitude
-81.0989
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,112
$407,220
$1,314,404
$1,721,624
-
$407,220
$1,314,404
$1,721,624

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