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Property profile & analytics
OFF-MARKET
Warehouses

1815 Us-1 Ormond Beach, FL 32174

19,665 SF 7.46 ac lot Built 1966
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 1966
Total area 19,665 SF
Lot 7.46 ac (324,958 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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