Current Use by Public Records
- Specialty properties
Property Details for 1003 Us-1
- Property type
- Specialty properties
- Property subtype
- Marinas
Description
This exceptional 29,185.2 square foot commercial lot in Ormond Beach, Florida, presents a unique investment opportunity. Located at 1003 US-1, the property boasts 240 feet of frontage directly on the Tomoka River and US Highway 1, ensuring high visibility and accessibility. The B-4 zoning, designated for Tourist Commercial use, allows for a wide range of development possibilities. All impact fees have already been paid, streamlining the development process. The property's history includes a previous restaurant operation, and existing infrastructure includes a soft dock (approximately 1170 square feet), a bar/gazebo/pavilion, adding significant value and potential for immediate use or expansion. The stunning riverfront location offers picturesque views and creates an ideal setting for a variety of commercial ventures. The APN is 42-38-01-29-00-2000. This is a rare chance to acquire a highly desirable waterfront commercial property in a thriving Florida location. The asking price is $649,900. The property's strategic location and existing infrastructure make it an attractive investment for both developers and entrepreneurs seeking a prime location with significant upside potential. The existing dock and pavilion provide a solid foundation for a variety of commercial uses, from restaurants and marinas to retail and entertainment venues. The high visibility from US-1 ensures significant exposure to a large volume of traffic. This is a truly exceptional opportunity to own a piece of Ormond Beach's vibrant waterfront.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0956
- Latitude
- 29.3068
