Ormond Beach Commercial Investment
For Sale
$529,000
305 N Us Highway 1, Ormond Beach, FL 32174
Freestanding commercial property on US Highway 1 in Ormond Beach.
Property Size747 SF
Lot Size0.26 Acres
Price / SF$708.17
Days on Market144
Property Features for 305 N Us Highway 1
General Information
Standard status
Active
Size
747 SF
Lot size
0.26 Acres
Taxes and HOA fees
Annual Taxes
$3,259
Listing Agency:
oceans luxury realty full svc
Listed By:
Dayanis Purucker · License #3366027
(386) 236-3700
Source:
Exprealty
Added: May 26
Changed: Oct 1
Last Checked: Oct 16 at 12:34PM
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 oceans luxury realty full svc
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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
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Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Home Improvements & Furnishings 14%
Dollar General
Shops & Services
10,824 visits/mo
0.4 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,713 visits/mo
0.5 miles
Demographics for 32174, FL
53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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 Highway 1 Ormond Beach, FL.
What is the asking price?
The asking price for this property is $529,000.
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.
