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Property profile & analytics
OFF-MARKET
Warehouses

1230 Us Highway 1 Ormond Beach, FL 32174

1,946 SF Built 2008
Property ID
Property summary
AI-generated overview

This unique Ormond Beach property at 1230 N US Highway 1, FL 32174, offers a versatile investment opportunity. The 1,946 square foot building, constructed in 2008, seamlessly blends retail, industrial, and residential uses. The property includes a nicely appointed modern professional office space on the third floor, accessible by elevator. This office features a large open concept design, one enclosed office, a kitchen area, and two bathrooms. High-quality interior finishes include wood flooring, painted drywall walls with six-inch wood baseboards, an acoustical ceiling, and recessed canned lighting. The expansive 287,496 square foot lot provides ample paved parking, meticulously maintained by the condo association. Association fees cover municipal trash removal, building insurance (excluding individual unit build-out/contents), and water/sewer. The property's diverse zoning and substantial lot size present significant potential for expansion or redevelopment. The asking price is $269,900. This mixed-use property is ideal for an owner-occupier or investor seeking a unique blend of commercial and residential space in a prime Ormond Beach location. The property is comprised of one unit.

Property profile
Verified
Property type Warehouses
Year built 2008
Total area 1,946 SF
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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