Listing provided courtesy of SVN Alliance Commercial Real Estate Advisors- MLS# 1225921MLS Provider

725 W Granada BoulevardOrmond Beach, FL 32174

Commercial · 9,180 Sq. ft.
$2,500,000 Active

725 W Granada Boulevard Overview

Time on Site:
350 days
Visits:
0

A fully stabilized, single-tenant medical office condo offered on Ormond Beach's busiest commercial corridor. Granada Professional Center presents the opportunity to acquire a portfolio of office condo units within one of Ormond Beach's most established professional complexes, 100% occupied by a single, long-tenured medical tenant. Offered at $2,500,000, with a 6.96% cap rate on current weighted average NOI of $173,896 over recently signed 5-year lease from Coastal Pain & Neurology Centers, a multi-physician specialty practice that has operated continuously at this location since 2000. The 9,180 square foot unit is built out for full medical use, featuring high ceilings, storm-rated doors and windows, and ample on-site parking, with prominent monument signage along W. Granada Boulevard (State Road 40) - carrying over 33,500 vehicles per day. With a 25-year tenured anchor, a broad insurance-accepting patient base, and the low-maintenance ownership structure of an office condo, this offering is well-suited for a private investor or 1031 exchange buyer seeking dependable, healthcare-driven income in a high-demand Florida market. Stabilized single-tenant medical office condo 100% leased to long-tenured medical tenant Cap Rate 6.96% Strong visibility on Ormond Beach's prime corridor

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725 W Granada Boulevard Facts & Features

  • Type Commercial
  • Sq. ft. 9,180
  • Price/Sq.ft. $272

Details

General

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 44 - Ormond N of 40, S Tomoka River, E of US1
  • MLS Area Minor: 44 - Ormond N of 40, S Tomoka River, E of US1

General Information

  • Parcel Number: x
  • Property Sub Type: Office
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 9180.0

Exterior

Parking Information

  • Parking Features: Other

Lot Information

  • Lot Features: Other

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Attached Garage: false

General Information

  • Number Of Units Total: 0

725 W Granada Boulevard Neighborhood

Community

32174 (Ormond Beach) Demographics

55
Median Age
404
Population Density (per sq. mile)
41%
College Educated
$56,383
Estimated Median Income
18,340
Estimated Total Home Owners
4,750
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

725 W Granada Boulevard Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

725 W Granada Boulevard Market Data

Based on the last 30 days in this zip code

$555,412
Average List Price
$251
Average Price per Square Foot
163
Properties Sold
102
Average Days on Market
888
Properties for Sale
Calculations provided by Reliance Network

725 W Granada Boulevard History

Date Event Value Agent
5/1/2026Source: Daytona MLS Added to Database
May 01, 2026
5/1/2026Source: Daytona MLS Added to Database
May 01, 2026
9/20/2024Source: Daytona MLS Status Change
Closed
8/29/2024Source: Daytona MLS Status Change
Pending
8/20/2024Source: Daytona MLS Added to Database
August 20, 2024