Ormond Beach, FL 32174,1510 US Hwy 1
Ormond Beach, FL 32174,1510 US Hwy 1
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$950,000

$1,200,000

20.8%
Est.Price: ?

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Est. payment /mo

60,984 SqFt


SOLD DATE : 04/26/2024

Key Details

Sold Price $950,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Square Footage 60,984 sqft

Price per Sqft $15

Subdivision Not In Subdivision

MLS Listing ID 1098760

Sold Date 04/26/24

Originating Board Daytona Beach Area Association of REALTORS®

Lot Size 1.400 Acres

Lot Dimensions 1.4

Property Description

Offered for sale is this 1.4+/- acre hard corner retail development site in Ormond Beach, FL. Located at the NWC of US Hwy 1 and Broadway Ave. This intersection received a traffic light in 2019 and now serves 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 has recently completed their 130k SF corporate headquarters building here and has over 500 employees working out of this location.

The site offers 200' of frontage on US Hwy 1 with full access via the Broadway Ave intersection. It is directly across US Hwy 1 from the new Plantation Oaks residential subdivision which will have over 1,000 homes at build out. With the new traffic light and surrounding residential development this hard corner site has become one of the most attractive retail locations in the corridor. The B-7 zoning allows uses such as gas/C-store, QSR, strip, restaurant, etc. The city and surrounding community are very supportive of redevelopment along this US Hwy 1 corridor.

1.4+/- acre hard corner retail site in Ormond Beach, FL
Located just 0.25 miles south of I-95 (exit 273)
200' of frontage with 296' of depth allows a variety of site plan options
Across from Plantation Oaks residential subdivision
Broadway Ave serves as the main entrance to the Ormond Crossings Business Park

Location

State FL

County Volusia

Community Not In Subdivision

Direction Located on the NWC of US Hwy 1 & Broadway Ave, just 0.25 miles south of I-95 (exit 273)

Others

Senior Community No

Tax ID 36-13-31-0161-0080

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Listed by SVN Alliance Commercial Real Estate Advisors
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