1815 Us-1 Ormond Beach, FL 32174

Property Details for 1815 Us-1

Year built

1966

Lot size

7.46 lot acres

Property size

19,665 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional 19,665-square-foot industrial property in Ormond Beach, Florida, presents a compelling owner-user investment opportunity. Situated on a substantial 7.46-acre lot, this single-story, Class C building offers versatile flex, manufacturing, and warehouse space. The property boasts high ceilings ranging from 8 to 14 feet, multiple ground-level doors, and loading docks, catering to diverse operational needs. The 17,828-square-foot net rentable area is priced at $139.84 per square foot. Built in 1966, the building is zoned I-1 Light Industrial, permitting a wide array of uses, including warehouse storage, vehicle repair, business services, and more. Its strategic location in Volusia County provides easy access to I-95, facilitating convenient commutes to Jacksonville and Orlando. The property's proximity to the future Ormond Crossing development further enhances its long-term growth potential. The land itself offers significant expansion or development opportunities, with a land value of $10 per square foot. This multi-tenant property is offered at $2,750,000, representing a rare chance to acquire a substantial industrial asset in a high-growth area with excellent access to major transportation arteries. The property's high traffic count (17,500 AADT) underscores its prime location and potential for strong returns. The APN is 4242-10-01-0050. This is a gross lease property with no tenant credit rating.

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Longitude

-81.1467

Latitude

29.3475