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Property profile & analytics
OFF-MARKET
Specialty properties

1003 Us Highway 1 Ormond Beach, FL 32174

Property ID
Property summary
AI-generated overview

This exceptional 28,997.89 square foot commercial property, located at 1003 US Highway 1 in Ormond Beach, Florida (zip code 32174), presents a unique investment opportunity. Boasting 240 feet of frontage directly on US Highway 1 and the Tomoka River, this B-4 zoned lot offers unparalleled visibility and access. The property includes an existing dock with a bar/gazebo/pavilion structure, providing a solid foundation for various commercial ventures. Previously utilized as a restaurant, all impact fees have been paid, streamlining the development process for future owners. The site features 1170 soft dock space and stunning river views, situated adjacent to an established marina. This prime location in Volusia County, Florida, combines high traffic visibility with the allure of a picturesque waterfront setting, making it ideal for a diverse range of commercial uses. The property's size and existing infrastructure offer significant potential for expansion and customization, catering to a wide spectrum of business plans. This is a rare opportunity to acquire a highly desirable commercial property in a thriving coastal community.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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