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1561 N US Highway 1 - Ormond Beach US Hwy 1 Interchange Development

2.47 Acres of Commercial Land Offered at £1,927,782 in Ormond Beach, FL 32174

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Investment Highlights

At the northeast corner of US Hwy 1 and I-95 (exit 273)
Located between the two entrances to Ormond Crossing, a 2,700-acre live/work planned community
Site is allowed a 50-foot high pylon sign by City of Ormond Beach

Excellent development opportunity for high-volume QSR, fuel retailer or hotel
High visibility and good access - site has already been cleared

Executive Summary

Accepting offers for (in order of preference): ground lease, build-to-suit, sale.
Sale Price: $2,450,000
Ground Lease Rate: $247,000/year or $100,000/acre/year

Ormond Beach US Hwy 1 Development Site 2.47 acres

Property Facts Under Contract

Price	£1,927,782	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Fast Food Hotel Service Station
No. Lots	1	Total Lot Size	2.47 AC
Property Type	Land

Price	£1,927,782
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Fast Food Hotel Service Station
Total Lot Size	2.47 AC

1 Lot Available

Lot

Price	£1,927,782	Lot Size	2.47 AC
Price Per AC	£780,479

Price	£1,927,782
Price Per AC	£780,479
Lot Size	2.47 AC

At the northeast corner of US Hwy 1 and I-95 (exit 273).

Description

Prime Development! Highly visible location at I-95 / US Hwy 1 in Ormond Beach, Florida. Ormond Beach is located in Volusia County and one of the best places to live in Florida! Ormond Beach offers its 44,052 residents a dense suburban feel with many restaurants, parks, and above average public schools. Seller is open to reviewing all offers but prefers ground lease, build-to-suit, sale (in that order). See attached site plan and additional 1.33 acre listing included in the flyer.

PROPERTY TAXES

Parcel Number	3136-01-17-0010	Improvements Assessment	£112
Land Assessment	£874,602	Total Assessment	£874,714

PROPERTY TAXES

Parcel Number

3136-01-17-0010

Land Assessment

£874,602

Improvements Assessment

£112

Total Assessment

£874,714

zoning

Zoning Code	Commercial
Commercial

Listing ID: 31749021
Date on Market: 30/01/2023
Last Updated:
Address: 1561 N US Highway 1, Ormond Beach, FL 32174

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1561 N US Highway 1, Ormond Beach, FL for sale Building Photo- Image 1 of 6 — Volusia2.47acMapPrcl

1561 N US Highway 1, Ormond Beach, FL for sale Building Photo- Image 2 of 6 — Volusia2.47acMapDev

1561 N US Highway 1, Ormond Beach, FL for sale Building Photo- Image 3 of 6 — Volusia2.47acMapBothSites

1561 N US Highway 1, Ormond Beach, FL for sale Building Photo- Image 4 of 6 — Volusia2.47acMapCncptPln

1561 N US Highway 1, Ormond Beach, FL for sale Building Photo- Image 5 of 6 — Volusia2.47acMapLoc

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