1005 Us Highway 1 Ormond Beach, FL 32174
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.