Ormond Beach, FL 32174,1435 N US Highway 1
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$ 875,000
Est. payment | /mo

5,344 SqFt


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$ 875,000
Est. payment | /mo
Save

5,344 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,344 sqft

Price per Sqft $163

MLS Listing ID 1209892

Year Built 2006

Annual Tax Amount $2,331

Acres 0.03

Property Sub-Type Office

Source Daytona Beach Area Association of REALTORS®

Property Description

Prime Investment Opportunity in Volusia County, FL! This income-generating property consists of four fully leased units, occupied by the Volusia County Sheriff's Office since 2014. With a recently renewed lease through May 2029 and options to extend, this NNN investment offers stability and strong returns with a 7.5% + CAP rate. Strategically located on N US Hwy 1, directly across from the future Ormond Crossings—a transformative 3,000-acre mixed-use development featuring a Town Center, Business Park, and diverse housing options. Benefit from high visibility with 25,500 AADT on US 1 and seamless access to I-95 and key area attractions.
Don't miss this rare opportunity to own a high-performing asset in a rapidly growing market!

Location

State FL

County Volusia

Area 46 - Ormond N Of Tomoka River, E Of Us1

Direction South on N US Hwy 1 from I-95 to left on Destiny Dr.

Region Ormond Beach

City Region Ormond Beach

Interior

Cooling Central Air

Exterior

Parking Features Additional Parking, Guest, Off Street, Parking Lot, Unassigned

View Y/N No

Road Frontage Highway

Building

Lot Description Other

Sewer Public Sewer

Structure Type Block,Stucco

Others

Tax ID 3136-04-0D-00D1

Ownership Llb Investment Properties Lllp

Special Listing Condition Presently Leased

Listed by Beau Warren • Realty Pros Assured
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“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

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1435 N US Highway 1