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3065 FL-40
Ormond Beach, FL 32174
Ormond Beach Income Property - Fully Leased 8 · Retail Property For Sale
Investment Highlights
- Ormond Beach Income Property - Fully Leased 8+%
Executive Summary
Ormond Beach Income Property - Fully Leased
5 Acres on West Granada Blvd(SR40) - The Arboretum
Single Family Home - 2,000 SF - Wrap Around Porches
1 Year Lease - Rent is $2,400 Per Month
Commercial Lease - Effective 1/1/26 - 12/31/32
$8,400 Per Month - 3% Annual Increases
Tenant Responsible for Maintenance, Utilities and Liability Insurance
No Requirement For Property Insurance
Landlord Responsible for RE Tax($11,367)
Gross Rental Income = $129,600
Net Operating Income = $118,233
5 Acres on West Granada Blvd(SR40) - The Arboretum
Single Family Home - 2,000 SF - Wrap Around Porches
1 Year Lease - Rent is $2,400 Per Month
Commercial Lease - Effective 1/1/26 - 12/31/32
$8,400 Per Month - 3% Annual Increases
Tenant Responsible for Maintenance, Utilities and Liability Insurance
No Requirement For Property Insurance
Landlord Responsible for RE Tax($11,367)
Gross Rental Income = $129,600
Net Operating Income = $118,233
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,016 SF
Building Class
C
Year Built
2008
Price
$2,015,891 CAD
Price Per SF
$501.97 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
5.00 AC
Zoning
A-2 in Volusia County - A-2 in Volusia County
Parking
15 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
208’ on Florida 40
Property Taxes
| Parcel Number | 4129-00-00-0056 | Improvements Assessment | $592,169 CAD |
| Land Assessment | $300,646 CAD | Total Assessment | $892,815 CAD |
Property Taxes
Parcel Number
4129-00-00-0056
Land Assessment
$300,646 CAD
Improvements Assessment
$592,169 CAD
Total Assessment
$892,815 CAD
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