Seller's Agent in 2024
Carl Lentz IV
SVN Alliance Commercial Real Estate Advisors
(386) 310-7900
138 Total Sales
1510 N Us Hwy 1 Ormond Beach, FL 32174
Estimated Value: $573,766 - $842,000
1.4
Acres
$505,631
Price per Acre
60,984
Sq Ft Lot
About This Lot
As of April 2024Offered 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
Last Agent to Sell the Property
SVN Alliance Commercial Real Estate Advisors License #3068067 Listed on: 11/27/2023
Last Buyer's Agent
Carl Lentz
Realty Pros Assured
Property Details
Property Type
- Land
Lot Details
- 1.4 Acre Lot
- Zoning described as Retail
Listing and Financial Details
- Assessor Parcel Number 36-13-31-0161-0080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2023
Closed on
Jun 17, 2024
Sold by
Vanacore Resid Properties Llc
Bought by
1510 N Us Hwy 1 Llc
Seller's Agent
Carl Lentz IV
SVN Alliance Commercial Real Estate Advisors
Buyer's Agent
Carl Lentz
Realty Pros Assured
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$242,117
Avg. Annual Appreciation
-16.61%
Purchase Details
Listed on
Nov 27, 2023
Closed on
Apr 25, 2024
Sold by
Bentley Robert and Bentley Sandra
Bought by
Vanacore Resid Properties Llc
Seller's Agent
Carl Lentz IV
SVN Alliance Commercial Real Estate Advisors
Buyer's Agent
Carl Lentz
Realty Pros Assured
List Price
$950,000
Sold Price
$950,000
Purchase Details
Closed on
Aug 21, 2012
Sold by
1510 North Llc
Bought by
Bentley Robert and Bentley Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Aug 16, 2010
Sold by
Bentley Robert and Bentley Sandra
Bought by
1510 North Llc
Purchase Details
Closed on
Jul 23, 2001
Sold by
Benley Robert L and Bentley Susan
Bought by
Bentley Robert and Bentley Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 15, 1983
Bought by
Bentley Robert and Bentley Sandra
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1510 N Us Hwy 1 Llc | $100 | None Listed On Document | |
| 1510 N Us Hwy 1 Llc | $100 | None Listed On Document | |
| Vanacore Resid Properties Llc | $950,000 | Southern Title | |
| Vanacore Resid Properties Llc | $950,000 | Southern Title | |
| Bentley Robert | -- | Coast Title Ins Agency Inc | |
| 1510 North Llc | -- | Attorney | |
| Bentley Robert | $175,000 | -- | |
| Bentley Robert | $110,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bentley Robert | $100,000 | |
| Previous Owner | Bentley Robert | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $950,000 | 0.0% | -- |
| 02/08/2024 02/08/24 | Pending | -- | -- | -- |
| 11/27/2023 11/27/23 | For Sale | $950,000 | -- | -- |
Source: Daytona Beach Area Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,546 | $320,585 | $318,450 | $2,135 |
| 2024 | $6,656 | $424,699 | $318,450 | $106,249 |
| 2023 | $6,656 | $342,503 | $289,500 | $53,003 |
| 2022 | $6,168 | $308,743 | $260,550 | $48,193 |
| 2021 | $6,478 | $304,732 | $260,550 | $44,182 |
| 2020 | $6,509 | $306,232 | $260,550 | $45,682 |
| 2019 | $6,539 | $302,624 | $260,550 | $42,074 |
| 2018 | $6,635 | $302,623 | $260,550 | $42,073 |
| 2017 | $6,743 | $297,864 | $260,550 | $37,314 |
| 2016 | $6,875 | $293,987 | $0 | $0 |
| 2015 | $7,066 | $292,292 | $0 | $0 |
| 2014 | $6,996 | $292,430 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carl Lentz IV
-
C
Buyer's Agent in 2024
Carl Lentz
Realty Pros Assured
Map
Source: Daytona Beach Area Association of REALTORS®
MLS Number: 1098760
APN: 3136-01-61-0080
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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