1240 Us-1 Ormond Beach, FL 32174
This exceptional 2.2-acre commercial and industrial land parcel is located at 1240 US-1 in Ormond Beach, Florida (zip code 32174, Volusia County), offering a prime opportunity for businesses seeking a strategic location. The property, identified by APN 4206-01-00-0010, is fully cleared and zoned L1 for light industrial use, making it ideal for a variety of ventures. Its advantageous position north of Hull Road and SR Perrott, on the west side of US Highway 1, ensures high visibility and easy access to Interstate 95 and the Ormond Beach central business district. This translates to excellent accessibility for employees, customers, and supply chains. The asking price for this ready-to-build lot is $2,000,000. The property's versatility makes it suitable for various uses, including business services, warehousing, storage, and vehicle repair facilities. This presents a unique chance to establish or expand operations in a thriving area with significant growth potential. Don't miss this opportunity to secure a prime location for your business.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.