570 Memorial Cir - Medical FOR SALE


Ormond Beach, FL 32174- Outer Ormand Beach
$3,590,000 USD
386-295-0839
570 Memorial Cir, Ormond Beach, FL for Sale
$3,590,000 USD
Medical - FOR SALE
1/6
null | 7.47% Cap Rate

570 Memorial Cir
Ormond Beach, FL 32174
Outer Ormand Beach


HIGHLIGHTS

  • 23,450 SF Office Building
  • 16 units
  • Built in 1984, updated in 2007 and consistently updated
  • New Roof 2025
  • B-1 Zoning for Professional Office and Medical use

OVERVIEW

Exceptional opportunity in commercial real estate investment. This impressive 23,450 SF office building, comprised of 16 units, located in the coveted Ormond Beach area. Built in 1984 and thoughtfully updated in 2007. Well maintained and consistently being updated including new air conditioners. The property is perfectly positioned for Professional office and Medical use with B-1 Zoning, catering to the discerning needs of office-building investors. New roof in 2025 as well as new and efficient LED lighting throughout.

FOR SALE DETAILS

PRICE

$3,590,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

7.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

B-1

APN/PARCEL ID

4241-01-01-0065

ASK ABOUT THIS PROPERTY

G.G. GallowayColdwell Banker Commercial BenchmarkMore Info
386-295-0839

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G.G. GallowayColdwell Banker Commercial BenchmarkMore Info
386-295-0839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.