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Property profile & analytics
FOR SALE
Grocery and convenience stores

1641 W Granada Blvd Ormond Beach, FL 32174

2,378 SF 0.8 ac lot Built 1967
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3528931
Property summary
AI-generated overview

This exceptional 0.83-acre commercial land parcel in Ormond Beach, Florida, presents a remarkable investment opportunity. Located at 1641 W Granada Blvd, this property boasts over 200 feet of frontage on West Granada Boulevard, providing unparalleled visibility and accessibility. With a zoning designation of Ormond Beach B-7, the site is ideally suited for retail sales and service businesses. The property's strategic location offers excellent exposure to the high traffic volume of West Granada Boulevard and convenient access to I-95, ensuring significant foot and vehicle traffic. The asking price is $1,200,000, translating to approximately $1,500,000 per acre. The property's APN is 4125-00-00-0085. The potential for expansion exists, with the possibility of adding additional land to the rear of the parcel. This is a rare opportunity to acquire a prime commercial site in a thriving area with high visibility and convenient access to major transportation routes. The property is situated in Volusia County, Florida, zip code 32174. This is a "right in, right out" property, offering easy access and egress. The total land area is approximately 35,000 square feet. This property is ready for development and offers significant potential for a variety of commercial uses.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,378 SF
Lot 0.8 ac (35,000 SF)
APN 4125-00-00-0085
UPID US18-3528931
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
Current use
Occupant on record · Public records
  • SUNRISE FOOD MART #20 Gas Station
  • COLLAZO & SON AUTO REPAIR Auto Repair Shop
  • ATM (DiSalvo) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
American Petroleum Investments · 26 yrs held
American Petroleum Investments
since 1999
2 recorded transactions
1999
$410,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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