16XX N US-1, Ormond Beach, FL 32174

$4,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$4,000,000
MLS#
1080805
Status
ACTIVE
Days on Market
1989
Region
46 - Ormond N of Tomoka River, E of US1
Subdivision
Plantation Bay
Neighborhood
46 - Ormond N of Tomoka River, E of US1

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. 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

Additional Information

Acres
5.22

Listing courtesy of SVN Alliance Commercial Real Estate Advisors.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks