123 Industrial DrOrange City, FL 32763

Property Details for 123 Industrial Dr

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.45 AC

Property size (Sq ft)

9,009 SF

Zone code

I-1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

8011-11-01-0020

APU

801111010020

Description

This exceptional commercial property, located at 123 S. Industrial Drive in Orange City, Florida, offers a versatile office space opportunity. The building totals 4,650 square feet and is currently configured with one suite. A minimum of 700 square feet is divisible, with a maximum contiguous space of 700 square feet currently available for lease. The property boasts a highly visible location at the corner of S. Industrial Drive and the heavily trafficked 17-92. This prime location offers excellent visibility and accessibility for businesses. The property is conveniently situated just 2.5 miles from AdventHealth Fish Memorial Hospital and minutes from the Enterprise Road and Saxon Boulevard corridor, providing easy access to major transportation routes and essential amenities. The property is classified as both office and land, offering potential for future expansion or development. The address is 123 S. Industrial Drive, Orange City, FL 32763, within the Daytona Beach submarket and Orange City submarket cluster in Volusia County. The available space is ideal for a variety of businesses seeking a well-located and accessible office in a thriving community. The 700 square feet of vacant space presents a unique opportunity for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,901,562

  6.5%

  $1,755,288

  7%

  $1,629,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,558,796

  Geo Method

  $1,558,796

• Alternative Use

  Use

  Valuation

  Residential

  $1,755,288

  Hospitality

  $1,607,834

  Educational

  $1,337,699

  Medical

  $1,383,704

  Retail

  $2,080,865

Location Insight

City

Orange City

County

Volusia

State

Florida

Latitude

28.9374

Longitude

-81.2982

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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