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    1622 N Us Highway 1 Ormond Beach, FL 32174

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    For Lease
    $22 SF/Yr ($4,583 /Mo)

    Former restaurant space with high visibility and building signage.

    Property size:
    2,500 SF
    Lot size:
    1.08 Acres

    Property Features for 1622 N Us Highway 1

    General Information

    Size
    2,500 SF
    Lot size
    1.08 Acres

    Source: Lightle Beckner Robison, Inc. Agent Jeffery T. Robison CCIM

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

    Overview

    Retail Space Near I-95

    This 2,500 square foot retail space is a former restaurant location situated next to a convenience store. The property benefits from high visibility and excellent access, including building signage opportunities. Its location offers direct access off I-95 and is positioned on US-1 in a high-traffic area.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.133683
    Latitude
    29.337024

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      Move-In Ready Commercial Condo Space

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    FAQs

    What type of property is this?
    Retail space - Former restaurant space with high visibility and building signage.
    Where is this retail space located?
    The property is located at 1622 N Us Highway 1 Ormond Beach, FL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Incredible location directly off I-95!; - Located on US-1 in high traffic area.; - Great visibility with excellent access
    (321) 722-0707
    Request Owner's contact information
    1622 N Us Highway 1 Ormond Beach, FL 32174
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    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
    1622 N Us Highway 1 Ormond Beach, FL 32174
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