Ormond Beach Commercial Investment
305 N US HWY 1 Ormond Beach, FL 32174
305 N US HWY 1, Ormond Beach, FL, 32174
Contact for pricing
For Sale
Contact for pricing
Freestanding commercial property on US Highway 1 in Ormond Beach.
Property Size747 SF
Lot Size0.26 Acres
Price / SF$734.94
Days on Market53
Property Features for 305 N US HWY 1
General Information
- Standard status
- Active
- Size
- 747 SF
- Lot size
- 0.26 Acres
- Property subtype
- Retail, Special Purpose
Building Details
- Year Built
- 1957
Listing Agency
Jason Mitchell Real Estate
(386) 261-9507
Listed by
Sarah Amarasinghe · License #SL3156075
Source
Crexi
Added: May 27 Checked: Jul 17 at 9:04 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jason Mitchell Real Estate
Investment Insights
Based on property information with market context.
This commercial property is located on US Highway 1 in Ormond Beach. The property has an estimated 6.82% cap rate and approximately 227 feet of frontage exposure on US Highway 1, which has an approximate AADT traffic count of 21,500 vehicles per day. It is conveniently located close to Granada Boulevard and minutes from I-95. The property is a freestanding commercial office property with B-5 zoning, offering visibility and flexibility for commercial uses. The building area totals approximately 747 square feet, situated on approximately 0.26 acres. The interior features three flexible office spaces and a restroom. The property also offers ample well-lit parking and a large pole sign. Previous reported uses have included golf cart sales and automotive sales. The current business does not convey.
Key Highlights
- High‑traffic location on US Highway 1 with approximately 21,500 vehicles per day and 227 feet of frontage exposure.
- Estimated 6.82% cap rate, offering a strong commercial investment opportunity.
- B‑5 zoning allows for a variety of commercial uses.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - Freestanding commercial property on US Highway 1 in Ormond Beach.
Where is this retail property located?
The property is located at 305 N US HWY 1 Ormond Beach, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: High‑traffic location on US Highway 1 with approximately 21,500 vehicles per day and **227 feet of frontage exposure.**; Estimated 6.82% cap rate, offering a strong commercial investment opportunity.; B‑5 zoning allows for a variety of commercial uses.