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    890 Us-1 Ormond Beach, FL 32174

    Sponsored
    For Sale
    $3,500,000

    Prime Ormond Beach location, high traffic, mixed-use zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12.5-acre commercial and industrial land parcel presents a unique investment opportunity in Ormond Beach, Florida. Located at 890 US-1, Volusia County, zip code 32174, this property boasts over 750 feet of frontage on US-1, a major thoroughfare with an impressive average annual daily traffic count of 35,000 vehicles. Its strategic position near I-95, Nova Road, and Granada Boulevard (State Road 40) ensures excellent accessibility and visibility. The property is zoned PD, allowing for mixed-use development, including industrial, self-storage, and commercial uses. Utilities are readily available. This prime location within one of Ormond Beach's fastest-growing corridors offers significant potential for development, with the possibility of constructing over 100,000 square feet of vertical space. The parcel's APN is 324200000280. The asking price for this exceptional property is $3,500,000. Don't miss this chance to acquire a highly desirable piece of land in a thriving Florida market.

    Property Features for 890 Us-1

    General Information

    Property type
    Land
    Lot Size
    544,500 SF

    HighLights

    • 12.5‑acre commercial/industrial land parcel in Ormond Beach, FL (APN 324200000280).
    • Located at 890 US‑1, Ormond Beach, FL 32174, with over 750' of US‑1 frontage and 35,000+ AADT.
    • Excellent access to I‑95, Nova Road, and Granada Blvd (SR 40).
    • PD zoning allows mixed‑use development (industrial, self‑storage, commercial).
    • Utilities available; potential for over 100,000 SF of vertical development.
    • Asking price: $3,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.090387
    Latitude
    29.300775

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    FAQs

    What type of property is this?
    Land - Prime Ormond Beach location, high traffic, mixed-use zoning.
    Where is this land located?
    The property is located at 890 Us-1 Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 12.5-acre commercial/industrial land parcel in Ormond Beach, FL (APN 324200000280).; Located at 890 US-1, Ormond Beach, FL 32174, with over 750' of US-1 frontage and 35,000+ AADT.; Excellent access to I-95, Nova Road, and Granada Blvd (SR 40).
    Request Owner's contact information
    890 Us-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
    890 Us-1 Ormond Beach, FL 32174
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