16XX N US-1 Ormond Beach, FL $ 4,000,000
16XX N US-1
$ 4,000,000
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16XX N US-1

Ormond Beach, FL, 32174
$ 4,000,000
Baths0.0

Monthly Estimate*

$ 24,955

16XX N US-1, Ormond Beach, FL 32174 - Image 1
16XX N US-1, Ormond Beach, FL 32174 - Image 2
16XX N US-1, Ormond Beach, FL 32174 - Image 3
16XX N US-1, Ormond Beach, FL 32174 - Image 4
16XX N US-1, Ormond Beach, FL 32174 - Image 5
Studio

Lots and Land for sale in Ormond Beach, FL

for $4,000,000. The lot size is 5.22.

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

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Lots and Land Active

Price

$ 4,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 9,991

Style

Unimproved Land

Lot Size

5.22

Town/City

Ormond Beach

County/Region

Volusia

MLS | Web ID

1080805

Features
General
Property Subtype Unimproved Land
Tax Year 2020
Current Use Commercial Retail Unimproved
HOA Fee 2 0.0
County Volusia
Property Type Land
HOA Y
Subdivision Name Plantation Bay
Status Active
Directions NWC of US Hwy 1 & Destination Daytona Lane
City Ormond Beach
Senior Community Y/N N
Zoning Description Retail
MLS Area 46 - Ormond N of Tomoka River E of US1
Lot Size Units Acres
Lot Size Square Feet 227383.2
Tax Annual Amount 9991.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 46 - Ormond N of Tomoka River E of US1
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description 26 13 31 PART OF SE 1/4 BEING SLY 1100 FT ON HWY OF WLY 273 FT ON N END E OF HWY DB 491 PG 284 DB 545 PG 574 MB 11 PG 92 EXC W 35 FT & EXC IRREG PARCEL IN E 85.88 FT ON US-1 & S 156.01 FT ON E/L PER
New Construction None
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Exterior
Lot Size Area 5.22
Spa N
Lot Dimensions 1012x231
Lot Size Acres 5.22
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Total Baths 0
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Internal Only
Street Number 1 16
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* Excluded Features
List By
Carl Lentz

Listing Agent

Svn Alliance Commercial Real Estate Advisors

Broker

Affordability Calculator

$25,787
Per Month
97%
3%
0%
Monthly Principal & Interest
$24,955
Monthly Property Taxes
$833
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1330097 Elementary School
1330098 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2021$899,000 Listed Price

Map


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16XX N US-1, Ormond Beach, FL, 32174 is a Lots and Land for sale at $4,000,000 with a lot size of 5.22. 16XX N US-1 is a studio with 0.0 baths. The property's zip code is 32174 which is in Ormond Beach, FL