1506 Us Highway 1, Ormond Beach, FL

$899,000

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1.60

Acres

About 1506 Us Highway 1

Offered for sale is this 1.6+/- acre hard corner retail development site in Ormond Beach, FL. Located at the SWC of US Hwy 1 and Broadway Ave. This intersection just received a new traffic light in 2019 as it will now serve 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 just opened their 130k SF headquarters building in November 2019 and has over 500 employees working at this location.The site offers over 300' of frontage on US Hwy 1 with full access via the Broadway Ave intersection. With the brand new traffic light and surrounding new development this hard corner site has become the most attractive retail location in the corridor.Tremendous potential with the ability to do multiple QSR's, strip center, restaurant, etc. The city and community are very supportive of new retail development near this I-95 intersection (exit 273). 1.6+/- acre hard corner retail site in Ormond Beach, FL Located immediately south of I-95 Over 300' of frontage on US Hwy 1 Property is just in front of new Security First Insurance 130,000 SF headquarters building Adjacent to newly proposed Ace Hardware site All utilities are available to site Brand new traffic light at US Hwy 1 & Broadway Ave offers full access Zoning allows intense commercial development Adjacent 8,000 SF lot on Gowers St could also be assembled

Features of 1506 Us Highway 1

MLS® # 1065936
Price $899,000
Acres 1.60
Type Vacant Land
Sub-Type Commercial Land
Status Active

Community Information

Address 1506 Us Highway 1
Area 45 - Ormond N of 40, W of US1, E of 95
Subdivision Ormond Lakes
City Ormond Beach
County Volusia
State FL
Zip Code 32174

Amenities

Features Retail
Is Waterfront No

Exterior

Lot Description 1.6 Acre

Additional Information

Zoning B-7
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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