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    1140 W Granada Blvd Ormond Beach, FL 32174

    For Sale
    $2,400,000

    Prime commercial property in Ormond Beach, renovated in 2023.

    Property size:
    11,605 SF

    Property Features for 1140 W Granada Blvd

    General Information

    Size
    11,605 SF

    Building Details

    Year built
    1986

    Source: Michael Baxter Agent Michael Baxter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ormond Beach Commercial Property For Sale

    This commercial property, located in Ormond Beach, FL, offers 11,605 square feet of space suitable for retail and restaurant ventures. The building was renovated in 2023 and features new HVAC units, a new roof, and a fully renovated interior. The property is situated in a bustling commercial district on W. Granada Blvd, providing high visibility and accessibility. It features prominent signage opportunities for heightened brand visibility. The renovated interior includes a modern commercial kitchen and dining area. The location offers a blend of beach town charm and commercial opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Granada's Palace Restaurant Rising In Granada Restaurant GiGi's Restaurant & Bakery Restaurant Granada Family Diner Breakfast Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Clean Eatz

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0977511
    Latitude
    29.2700529

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    FAQs

    What type of property is this?
    Restaurant - Prime commercial property in Ormond Beach, renovated in 2023.
    Where is this restaurant located?
    The property is located at 1140 W Granada Blvd Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Prime location on W. Granada Blvd in a bustling commercial district offers high visibility and accessibility.; - Expansive 11,605 SF building provides ample space and versatility for retail or restaurant operations.; - Newly renovated in 2023 with a modern commercial kitchen and dining area.
    (386) 999-1762
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    1140 W Granada Blvd Ormond Beach, FL 32174
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1140 W Granada Blvd Ormond Beach, FL 32174
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