$4,000,000
Ormond Beach, FL 32174
MLS# 1080805
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Property Description
Offered for sale is this ideally positioned retail development site on the hard corner of US Hwy 1 and Destination Daytona Lane in Ormond Beach, FL. Potential for gas/C-store, QSR and/or strip type development, the B-7 zoning allows nearly all commercial uses. Our location is less than 0.25 miles north of I-95 (exit 273) and offers the ability to pull substantial highway traffic off of the interstate for the right user. This 5.2 acre site is available in bulk or could be subdivided into smaller outparcels. The lighted intersection serves as the main entrance into Destination Daytona, a mixed-use entertainment complex featuring tenants such as Harley Davidson, Love's Travel Stop, J&P Cycles, Giant Recreation World, Howard Johnsons, Houligans, Colt's Pig Stand and many others.
Details
Contract Information
Listing Date: 2021-02-19
Current Price: $4,000,000
List Price: $4,000,000
List Price/SqFt: 17.59
List Price/Acre: 766283.52
Location, Tax & Legal
Street #: 16XX
Compass: N
Street Name: US-1
County: Volusia
State/Province: FL
Zip Code: 32174
Area: 46 - Ormond N of Tomoka River, E of US1
Maint Fee Paid: N/A
Sub-Type: Commercial Land
Tax ID: 3126-00-00-0090
Directions: NWC of US Hwy 1 & Destination Daytona Lane
Zoning: Retail
Zoning (Text): B-7
General Property Description
Subdivision: Plantation Bay
Lot Size: 1012x231
Acreage: 5.22
Lot SqFt: 227446
Franchise Opt In: No
Status Change Info
Status: Active
Property Features
Land Type-Commercial: Retail
Supplements
The site offers over 1,000' of frontage along US Hwy 1 and its 18,200 cars per day. This I-95 exit is the northernmost gateway into Volusia County and is experiencing substantial residential and commercial growth. Nearby Plantation Bay and Plantation Oaks are premier residential subdivisions that will continue to expand with over 2,500 future homesites coming online. Ormond Crossings is right across US Hwy 1 and will bring another 2,900 residences over the next decade. Nearby US Hwy 1 commercial projects include the new 130k SF headquarters for Security First Insurance, a new Race Trac "Superstation", a new Dunkin Donuts, a new Ace Hardware with many more retailers to come.
5.2 acre retail development site in Ormond Beach, FL
Can be subdivided into smaller outparcels
Potential for gas/C-store, QSR and/or strip type development
The lighted hard corner of US Hwy 1 and Destination Daytona Lane
Main entrance into Destination Daytona featuring Harley Davidson and Giant Recreation World
Less than 0.25 miles north of I-95 (exit 273)
Substantial growth is happening around this I-95 exit with more to come
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: November - 27 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing data provided by the Daytona Beach Area Association of REALTORS®' Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.