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OFF-MARKET
Specialty properties

1005 Us Highway 1 Ormond Beach, FL 32174

Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in Ormond Beach, Florida! This 53,278.24 square foot property boasts over one acre of prime commercial land with significant frontage on both US Highway 1 and the Tomoka River. The US-1 frontage offers unparalleled visibility and accessibility for any commercial venture, while the approximately 190 feet of river frontage presents unique possibilities. The property is zoned B4, providing flexibility for a variety of commercial uses. This location in Volusia County offers a blend of high traffic volume from US-1 and the serene beauty of the Tomoka River. The property's size and dual frontage make it ideal for development projects requiring both high visibility and unique waterfront access. The asking price is $649,900. This is a rare chance to acquire a substantial piece of commercial real estate in a desirable Florida location. The address is 1005 US Highway 1, Ormond Beach, FL 32174. Don't miss this opportunity to secure this exceptional property.

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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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