Property summary
This exceptional Ormond Beach commercial property, located at 374 S Atlantic Avenue, presents a unique redevelopment opportunity. The 4,361 square foot building, constructed in 1949, sits on a generous 13,651.7 square foot lot. Currently configured as a mix of retail and office spaces, the property offers significant potential for a variety of uses. The building features five small offices in the rear and four retail spaces with prominent display windows facing Atlantic Avenue, ensuring high visibility and excellent traffic exposure. Ample parking is available both in front and behind the building. The property is priced at $469,000, translating to approximately $100 per square foot. The existing structure requires complete renovation or demolition, making it ideal for an investor or developer seeking a blank canvas to create a modern, high-impact commercial space. The property's location on bustling South Atlantic Avenue in Ormond Beach, Florida (zip code 32176), offers unparalleled access to a thriving community and high foot traffic. Cash offers are preferred. This is a rare chance to acquire a substantial commercial property in a prime location at a highly competitive price. The single-story building presents a straightforward redevelopment project with significant upside potential. Don't miss this opportunity to capitalize on the vibrant Ormond Beach market.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Law Firm
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Real Estate Agency
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Advertising Agency Marketing & Advertising
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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