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    Property profile & analytics

    1653 Us Hwy 1st, Unit 102 Ormond Beach, FL 32174-2513

    • Investment properties
    • 1,392 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 21, 2022
    $29,180,000
    Location Intelligence
    Property ID
    US18-3379630
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 1653 Us Hwy 1st

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property size
    1,392 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    3125-06-00-1020
    APU
    312506001020

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.1333
    Latitude
    29.3406
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,181
    $25,056
    $169,743
    $194,799
    -
    $25,056
    $169,743
    $194,799

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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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