$4,000,000

16XX N Us-1 Ormond Beach, FL 32174

Estimated payment $21,790/month

Total Views 6,209
5.22 Acres
$766,284 Price per Acre
227,383 Sq Ft Lot

About This Lot

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

Listing Agent

Carl Lentz IV

SVN Alliance Commercial Real Estate Advisors License #3068067 Listed on: 02/19/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,991

Lot Details

  • 5.22 Acre Lot
  • Lot Dimensions are 1012x231
  • Zoning described as Retail

Community Details

  • Property has a Home Owners Association
  • Plantation Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3126-00-00-0090

Property Details

Property Type

Land

Est. Annual Taxes

$9,991

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.22
  • Lot Size: 1012x231
  • Subdivision Name: Plantation Bay
  • Directions: NWC of US Hwy 1 & Destination Daytona Lane
  • General Property Information Lot Size Acres: 5.22
  • General Property Information Lot Size Dimensions: 1012x231
  • Location Tax and Legal:Parcel Number: 3126-00-00-0090
  • Location Tax and Legal:Tax Annual Amount: 9991.0
  • Location Tax and Legal:Tax Year: 2020
  • Location Tax and Legal Zoning Description: Retail
  • General Property Information Water Body Access YN2: No
  • General Property Information Pool Private YN2: No
  • Special Features: None

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Lot Info

  • Current Use: Commercial, Retail, Unimproved
  • Lot Size Sq Ft: 227383.2
  • Parcel #: 3126-00-00-0090
  • Zoning Description: Retail

Tax Info

  • Tax Annual Amount: 9991.0
  • Tax Year: 2020

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 For Sale $4,000,000 -- --
Source: Daytona Beach Area Association of REALTORS®

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1080805

Daytona Beach Area Association of REALTORS®