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Property profile & analytics
FOR SALE
Theaters & concert halls

215 Williamson Blvd Ormond Beach, FL 32174

38,710 SF 12 ac lot Built 1996
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-4676820
Property summary
AI-generated overview

This exceptional 1.3-acre commercial land parcel presents a rare investment opportunity in Ormond Beach, Florida. Located at 215 Williamson Boulevard, this property boasts a highly desirable location, situated east of the I-95 and Granada Boulevard interchange. Its strategic placement offers unparalleled visibility and accessibility, adjacent to the Publix Center at Williamson and State Road 40 (Granada Boulevard). The site benefits from proximity to major thoroughfares including Williamson Boulevard, Clyde Morris Boulevard, Nova Road, and LPGA Boulevard, ensuring convenient access for customers and employees. Furthermore, its location near AdventHealth Hospital and thousands of recently constructed apartments and other new residential developments guarantees a robust and growing customer base. Traffic counts in 2019 registered 18,000 vehicles, highlighting the significant potential for high foot and vehicle traffic. This is one of the last remaining outparcel sites available in this thriving area, making it an exceptional opportunity for developers and investors seeking a prime location for retail development. The property is zoned for commercial use and offers significant potential for a variety of retail businesses. The asking price is $1,990,000. The property's address is 215 Williamson Blvd, Ormond Beach, FL 32174, within Volusia County.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 38,710 SF
Lot 12 ac (522,720 SF)
Zoning code B8
APN 4230-00-00-0014
UPID US18-4676820
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
$2.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.31M
Owner & transaction history
Southwest I 95 LLC · 4 yrs held
Southwest I 95 LLC
since 2021
Last sale
$4.0M
7 recorded transactions
2021
$4.0M
2021
Price N/A
2021
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2010
Price N/A
Zoning & alternative use
B8 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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