305 Us-1 Ormond Beach, FL 32174
This exceptional commercial property, located at 305 US-1 in Ormond Beach, Florida, presents a lucrative investment opportunity. The 715-square-foot building, constructed in 1957, sits on a substantial 11,761.2-square-foot lot, offering excellent visibility and accessibility. Its strategic corner location on US Highway 1, a high-traffic thoroughfare with an average annual daily traffic count of 19,500 vehicles, ensures maximum exposure for any business. The property's versatile design caters to a variety of uses, including retail, office space, and even automotive-related businesses, as evidenced by its diverse subtype classifications. The building itself boasts a modern office area complete with a welcoming lobby, a private office, a conference room, and a restroom. Currently leased until November 2026, this property provides a stable income stream for the foreseeable future, making it an attractive option for investors seeking both immediate returns and long-term growth potential. The square footage is derived from tax records. While all information is believed to be accurate, it is not guaranteed. The property is situated in Volusia County, Florida, zip code 32174.
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
Similar Nearby for Sale
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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.