This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

231 Cardinal Ave - Great Mom & Pop Business and Property

6,634 SF Specialty Building Offered at $1,750,000 at a 5.63% Cap Rate in Ormond Beach, FL 32176

Executive Summary

Well positioned investment in this one of a kind storage facility on Ormand Beach. CBS construction with ample room for outdoor storage for additional income. Very easy to manage from a distance. Proforma NOI will be in place with rent adjustments in the next 60 days. 100% occupied history and rent roll.

Attachments

SURVEY
Rent Roll
Occupied History 20220514
Equitable Storage 2021 Income & Expenses 5.15.22

Property Facts

Price $1,750,000
Price Per SF $264
Sale Type Investment
Cap Rate 5.63%
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 0.15 AC
Building Size 6,634 SF
No. Stories 1
Year Built/Renovated 1947/2003
Tenancy Single
Parking Ratio 1.81/1,000 SF
Clear Ceiling Height 12 FT

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4223-29-00-0010
Land Assessment
$119,412
Improvements Assessment
$369,850
Total Assessment
$489,262

zoning

Zoning Code B-7; PBD (Storage)
B-7; PBD (Storage)
  • Listing ID: 25724000

  • Date on Market: 5/17/2022

  • Last Updated:

  • Address: 231 Cardinal Ave, Ormond Beach, FL 32176

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}