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    298 S Yonge St Hwy U.S, Unit 1 Ormond Beach, FL 32174

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    For Sale
    $4,200,000

    29,400 SF building suitable for office, retail, or showroom.

    Property size:
    29,400 SF
    Lot size:
    9.47 Acres

    Property Features for 298 S Yonge St Hwy U.S

    General Information

    Zoning
    Commercial
    Size
    29,400 SF
    Lot size
    9.47 Acres

    Building Details

    Year built
    1965

    Source: G.G. Galloway Agent G.G. Galloway

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

    Overview

    Corner Building on US Highway

    This 29,400 square foot corner building is suitable for office, retail, or showroom use. Currently built out as office space, it features several offices, workstations, conference rooms, restrooms, a mailroom, and a cafeteria. Previously used as medical billing offices and a furniture store with warehousing, the property includes furniture, fixtures, and equipment such as executive desks, workstations, chairs, cabinets, conference tables with chairs, mail equipment, shelving, and cafeteria equipment. The building can be divided. It includes a full building generator and parking in the front and rear with over 112 spaces. The property is located on the corner of South Yonge Street (US Highway 1) and Division Avenue, south of Granada, with easy access on the busy US Highway 1.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.1619
    Latitude
    29.2898

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    FAQs

    What type of property is this?
    Office building - 29,400 SF building suitable for office, retail, or showroom.
    Where is this office building located?
    The property is located at 298 S Yonge St Hwy U.S, Unit 1 Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - Large 29,400 sq ft corner building suitable for office, retail, or showroom use.; - Includes Furniture, Fixtures, and Equipment (FF&E) such as desks, workstations, conference tables, and cafeteria equipment.; - Located on a high-traffic corner lot with easy access to US Hwy 1.
    (386) 672-8530
    Request Owner's contact information
    298 S Yonge St Hwy U.S, Unit 1 Ormond Beach, FL 32174
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    298 S Yonge St Hwy U.S, Unit 1
    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
    298 S Yonge St Hwy U.S, Unit 1 Ormond Beach, FL 32174
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