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1035,1037,1041 S Nova ROAD

Commercial Recently Sold
$300,000

BTC: 4.76190476

ETH: 171.82130584

Sold on: 2022-12-08
2 days
0 room(s)

Overview

Great opportunity to own a 0.55 parcel zoned B-5 Service Commercial Zoning District in Ormond Beach, with 3 structures and a billboard located on the property. The warehouse/garage building is 1,600 sq ft and is located on the far right side of the property. There is a concrete block single family home to the rear of the property and a mobile single family home in the middle of the property. Both single family homes have had long term tenants renting on a month to month basis. Both single family homes will be ready for immediate occupancy by closing. The billboard has a long term lease with a major local billboard company from 2006-2026 at $485/month + 25% of gross income (averaging $100-$150 additional per month). This property has 4 potential revenue streams on it! B-5 Service Commercial Zoning allows for the following permitted uses: adult day care centers, assisted living, business & professional office, business service, convenience store, financing institution, funder home, retail sales, and warehouse storage business. Buyers to verify all facts. This property is offered in AS IS condition and will not last long!

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1950
Lot:
0.56 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$307,400
$237K – $619K
Confidence Low
List vs. estimate
$7K below estimate
List $299,900 · -2.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Property

    • Levels: One

    Lot

    • Lot: 0.56 Acres

    Other Property Information

    • Parcel Number: 424204200133

    • Zoning: B-5

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Other

  • Utility

    • Other

  • Source details

    • MLS ID: NS1071703

    Other facts

    • Construction Materials: Combination

    • Lot Features: City Lot

    • Water Source: See Remarks

    • Subdivision Name: Fleming Fitch Grant

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the New Smyrna Beach Board of Realtors from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present New Smyrna Beach Board of Realtors. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLORIDA LIFE REAL ESTATE GROUP