$899,000

1506 N Us Hwy 1

Ormond Beach FL, 32174

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.

Details

MLS#1065936
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site57

Features

ZoningRetail
Acreage1.60

Market Activity 32174

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Area Information

StateFL
CountyVolusia
CityOrmond Beach
Zip Code32174
Area45 - Ormond N of 40, W of US1, E of 95
Listing VS Median (in 32174)
Price:
$899,000
low | high
Med:
$290,900
100% of Average
On Site:
57
low | high
Med:
559
10.196779964222% of Average
Listing Updated: 02/25/2020
MLS Number: 1065936
Listing Provided By:
Carl Lentz  of  SVN Alliance Commercial Real Estate Advisors