Property profile

1622 Us-1 Ormond Beach, FL 32074

OFF-MARKET
Retail properties & Spaces
3,710 SF Built 1998
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Property summary

AI-generated overview

This exceptional 3,710 square foot retail property, located at 1622 N US Hwy 1 in Ormond Beach, Florida, presents a lucrative investment opportunity. Situated on a 0.94-acre lot, this multi-tenant building boasts a prime location with high visibility and significant foot traffic. Constructed in 1998, the building is zoned B-7, allowing for a variety of commercial uses. Currently, there is 2,500 square feet of vacant space available, providing immediate potential for expansion or lease income. The property's address is 1622 US-1, Ormond Beach, FL 32174, within Volusia County. Its strategic location on US Highway 1 ensures consistent exposure to a large customer base. The existing structure offers a solid foundation for a thriving business, whether it's a single large tenant or multiple smaller businesses. This property is ideal for entrepreneurs seeking a well-established location with high visibility and ample space to grow. The substantial vacant space presents a unique opportunity to customize the layout to suit specific business needs. The property's size and zoning provide flexibility for a wide range of commercial ventures. This is a rare opportunity to acquire a well-positioned retail property in a thriving Florida market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1998
Total area 3,710 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1622 Us-1 Ormond Beach, FL 32074
Ormond Beach metro
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Value estimations

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Owner & transaction history

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