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Property profile

1653 Us Hwy 1st 102 Ormond Beach, FL 32174

OFF-MARKET
Investment properties
Property ID
US18-3379630
1,392 SF 0.03 ac lot Built 2007
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,437 square foot single-tenant retail or executive office space is available for lease in the vibrant Destination Daytona complex at 1653 N. US Highway 1, Unit 106B, Ormond Beach, FL 32174. Built in 2007, the space boasts a desirable 11'-9" ceiling height, providing a spacious and modern feel. The property is zoned PBD and located in Volusia County, offering excellent visibility and accessibility. Ample parking is available for tenants and their clients, ensuring convenience and ease of access. The space is currently vacant and ready for immediate occupancy, presenting a unique opportunity for businesses seeking a high-traffic location in a thriving commercial area. The property's versatile nature makes it suitable for a variety of uses, from retail showrooms to professional office spaces. Its strategic location within Destination Daytona provides exposure to a large customer base and significant foot traffic. This is an ideal opportunity to establish or expand your business in a prime Ormond Beach location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,392 SF
Lot 0.03 ac (1,392 SF)
APN 3125-06-00-1020
UPID US18-3379630

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1653 Us Hwy 1st, Unit 102 Ormond Beach, FL 32174-2513
Ormond Beach metro Census 80102 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
Last sale
$29.2M
1 recorded transaction
2022
$29.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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