16XX N Us 1 Ormond Beach, FL 32174

This 5.2-acre retail development site is ideally positioned on the hard corner of US Hwy 1 and Destination Daytona Lane in Ormond Beach, FL. Zoned B-7, the site allows nearly all commercial uses and has potential for gas/C-store, QSR, and/or strip-type development. The location is less than 0.25 miles north of I-95 (exit 273), offering the ability to attract substantial highway traffic. The site can be subdivided into smaller outparcels and features over 1,000' of frontage along US Hwy 1, which sees 18,200 cars per day. The lighted intersection serves as the main entrance into Destination Daytona, a mixed-use entertainment complex featuring tenants such as Harley Davidson, Love's Travel Stop, J&P Cycles, and Giant Recreation World. This I-95 exit is the northernmost gateway into Volusia County and is experiencing substantial residential and commercial growth. Nearby Plantation Bay and Plantation Oaks are premier residential subdivisions that will continue to expand with over 2,500 future homesites coming online. Ormond Crossings is right across US Hwy 1 and will bring another 2,900 residences over the next decade. Nearby US Hwy 1 commercial projects include the new 130k SF headquarters for Security First Insurance, a new Race Trac "Superstation", a new Dunkin Donuts, and a new Ace Hardware.