1506 US Hwy 1, Ormond Beach, FL 32174 - MLS#1065936

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Alina Pekarsky

alina@vhrfl.com +1(386) 569-5383

$899,000

Est. payment - /mo

69,696 SqFt

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UPDATED:

12/10/2024 08:59 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 69,696 sqft

Price per Sqft $12

Subdivision Ormond Lakes

MLS Listing ID 1065936

Originating Board Daytona Beach Area Association of REALTORS�

Annual Tax Amount $2,019

Lot Size 1.600 Acres

Lot Dimensions 1.6

Property Description

Offered for sale is this 1.6+/- acre hard corner retail development site in Ormond Beach, FL. Located at the SWC of US Hwy 1 and Broadway Ave. This intersection just received a new traffic light in 2019 as it will now serve as the main entrance off of US Hwy 1 to the Ormond Crossings Business Park. The first tenant in this 1m+ SF business park is Security First Insurance who just opened their 130k SF headquarters building in November 2019 and has over 500 employees working at this location.

The site offers over 300' of frontage on US Hwy 1 with full access via the Broadway Ave intersection. With the brand new traffic light and surrounding new development this hard corner site has become the most attractive retail location in the corridor. Tremendous potential with the ability to do multiple QSR's, strip center, restaurant, etc. The city and community are very supportive of new retail development near this I-95 intersection (exit 273).

1.6+/- acre hard corner retail site in Ormond Beach, FL
Located immediately south of I-95
Over 300' of frontage on US Hwy 1
Property is just in front of new Security First Insurance 130,000 SF headquarters building
Adjacent to newly proposed Ace Hardware site
All utilities are available to site
Brand new traffic light at US Hwy 1 & Broadway Ave offers full access
Zoning allows intense commercial development
Adjacent 8,000 SF lot on Gowers St could also be assembled

Location

State FL

County Volusia

Community Ormond Lakes

Direction Located on the SWC of US Hwy 1 and Broadway Ave

Others

Senior Community No

Tax ID 313601600170

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Listed by SVN Alliance Commercial Real Estate Advisors

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Alina Pekarsky

+1(386) 569-5383

Broker | BKBK3118291

Broker BKBK3118291