Listing provided courtesy of SVN Alliance Commercial Real Estate Advisors- MLS# 1080805MLS Provider

16XX N US-1Ormond Beach, FL 32174

Vacant Land · 5.22 Acres
$4,000,000 Active

16XX N US-1 Overview

Time on Site:
1957 days
Visits:
88

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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16XX N US-1 Facts & Features

  • Type Vacant Land
  • Lot 5.22 Acres

Details

General

Association/HOA

  • Association: true

Business Information

  • Current Use: Commercial,Retail,Unimproved

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 46 - Ormond N of Tomoka River, E of US1
  • MLS Area Minor: 46 - Ormond N of Tomoka River, E of US1
  • Subdivision Name: Plantation Bay

Tax Information

  • Tax Annual Amount: 9991.0
  • Tax Year: 2020

General Information

  • Parcel Number: 3126-00-00-0090
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Size Acres: 5.22
  • Lot Size Area: 5.22
  • Lot Size Dimensions: 1012x231
  • Lot Size Square Feet: 227383.2
  • Lot Size Units: Acres

16XX N US-1 Neighborhood

Community

32174 (ORMOND BEACH) Demographics

55
Median Age
404
Population Density (per sq. mile)
41%
College Educated
$56,383
Estimated Median Income
18,340
Estimated Total Home Owners
4,750
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16XX N US-1 Market Data

Based on the last 30 days in this zip code

$557,534
Average List Price
$252
Average Price per Square Foot
175
Properties Sold
102
Average Days on Market
885
Properties for Sale
Calculations provided by Reliance Network