A four-unit strip retail building with a total gross area of 7,085 square feet, built in 1978 and renovated in 2005. The property has had subsequent improvements, including a roof replacement in 2024, rebuilt/replaced backflows, and new interior/exterior paint. It is located at 401 N U.S. Highway 1 in Ormond Beach, Florida, on a large lot that provides potential for expansion. The building is configured for a street retail, multi-tenant layout and is zoned B-8.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$9k

Tax billed · 2023

Assessed value$609k

Assessed land$352k

Assessed improvement$258k

Effective rate1.54%

Value estimate

· Nov 2026

$780k

$702k – $858k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?

$179/SF

County average, outlier-cleaned · 55 recorded sales of this use type

Observed band · Q1–Q3$110 – $306

Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply22.5

Wholesale Shop19.7

Restaurant14.8

401 Us Hwy 1st 1 Ormond Beach, FL 32174-4524

County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby

Address Sale price Sold Size

160 Nova, Ormond Beach, FL 32174-6115 $9,700,000 May 2024 78,770 SF

1435 Us Hwy 1st Ste D6, Ormond Beach, FL 32174-0732 $270,000 Oct 2021 1,366 SF

1112 Granada, Ormond Beach, FL 32174 $4,840,000 Oct 2021 14,600 SF

1437 Us Hwy 1st Ste C2, Ormond Beach, FL 32174-0734 $265,000 Jun 2019 1,366 SF

1930 Granada, Ormond Beach, FL 32174-5713 $4,640,000 May 2019 19,950 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,135,000

6,603 SF

282 Nova Rd

MINI-MALL

282 Nova Rd, Ormond Beach, FL 32174-5124

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Value Estimation
$750,000

5,684 SF

197 Yonge St

MINI-MALL

197 Yonge St, Ormond Beach, FL 32174-4540

View Details
Value Estimation
$665,000

5,600 SF

285 Yonge St

MINI-MALL

285 Yonge St, Ormond Beach, FL 32174-6257

View Details
Value Estimation
$1,575,000

10,010 SF

353 Granada Blvd

MINI-MALL

353 Granada Blvd, Ormond Beach, FL 32174-6275

View Details
Value Estimation
$1,335,000

12,000 SF

1095 Us Hwy 1st 1

MINI-MALL

1095 Us Hwy 1st 1, Ormond Beach, FL 32174-1921

View Details
Value Estimation
$3,895,000

14,600 SF

1112 Granada Blvd

MINI-MALL

1112 Granada Blvd, Ormond Beach, FL 32174

View Details

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New

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Mixed-Use Property with Land

Two existing residences contain four units, alongside a vacant rear parcel.

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New

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Multi-Tenant Office Building

Two occupied suites offer a compact commercial configuration with separate entrances, on-site parking, and B-5 Service Commercial zoning.

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New

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Storefront Building with Additional Parcel

A commercial storefront with post-2020 updates sits on the US-1 corridor alongside a separate vacant parcel.

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B-4 zoning supports office, retail, and restaurant uses across a multi-parcel commercial property.

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Similar Nearby for Lease

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Hair Salon Business with Massage Room

Established salon business with multiple service stations, a massage room, guest areas, and a lease transferable with landlord approval.

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Retail Space at Destination Daytona

Flexible retail space with immediate occupancy and ample parking.

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New

$14,985/Mo

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Flex Space with Roll-Up Door

Flex property with front showroom, finished warehouse area, 25' ceilings, and a rear roll-up door for varied operational needs.

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$4,505/Mo

Retail Space with Secured Parking

Central air, electric heat, and a heat pump serve the space, with parking available in a secured lot.

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New

$2,902/Mo

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ALDI-Anchored Retail Space

Redeveloped center space offers building signage and access to a shared loading dock.

353 W Granada Boulevard 4, Ormond Beach, FL 32174

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401 Us Hwy 1st 1 Ormond Beach, FL 32174

Property summary