$899,000
1506 US Hwy 1 Ormond Beach, FL 32174
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$899,000
Est. payment /mo
69,696 SqFt
UPDATED:
11/13/2024 03:46 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
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