Ormond Beach, FL 32174,16XX US-1
Ormond Beach, FL 32174,16XX US-1
Ormond Beach, FL 32174,16XX US-1
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$4,000,000
Est. payment /mo
227,383 SqFt
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UPDATED:

12/10/2024 08:59 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 227,383 sqft

Price per Sqft $17

Subdivision Plantation Bay

MLS Listing ID 1080805

Originating Board Daytona Beach Area Association of REALTORS®

Annual Tax Amount $9,991

Lot Size 5.220 Acres

Lot Dimensions 5.22

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

Location

State FL

County Volusia

Community Plantation Bay

Direction NWC of US Hwy 1 & Destination Daytona Lane

Others

Senior Community No

Tax ID 3126-00-00-0090


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Listed by SVN Alliance Commercial Real Estate Advisors
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--Jamie Lucena, MBA

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16XX US-1