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Property profile & analytics
OFF-MARKET
Land

1005 Us Highway 1 Ormond Beach, FL 32174

Property ID
Property summary
AI-generated overview

This exceptional 53,278.24 square foot commercial land parcel presents a unique investment opportunity in Ormond Beach, Florida. Located at 1005 US Highway 1, this property boasts an impressive 140 feet of frontage on the highly trafficked US-1 road, ensuring maximum visibility and accessibility. The strategic location offers significant commercial potential, complemented by rear access to the Tomoka River, providing approximately 190 feet of additional river frontage. This expansive lot, exceeding 1.22 acres, is zoned B4, opening doors to a wide range of commercial development possibilities. The combination of prime road frontage and picturesque river access creates a rare and highly desirable location for businesses seeking a prominent presence in a thriving area. The property's size and zoning offer flexibility for various commercial ventures, making it an attractive investment for both developers and entrepreneurs. The address is 1005 US Highway 1, Ormond Beach, FL 32174. This is a remarkable opportunity to acquire a substantial commercial property in a desirable location with significant development potential. The asking price is $649,900.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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