For Sale
$2,750,000

1815 Us-1Ormond Beach, FL 32174

19,665 SF Flex/Warehouse, $2.75M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 19,665-square-foot industrial property in Ormond Beach, Florida, presents a compelling owner-user investment opportunity. Situated on a substantial 7.46-acre lot, this single-story, Class C building offers versatile flex, manufacturing, and warehouse space. The property boasts high ceilings ranging from 8 to 14 feet, multiple ground-level doors, and loading docks, catering to diverse operational needs. The 17,828-square-foot net rentable area is priced at $139.84 per square foot. Built in 1966, the building is zoned I-1 Light Industrial, permitting a wide array of uses, including warehouse storage, vehicle repair, business services, and more. Its strategic location in Volusia County provides easy access to I-95, facilitating convenient commutes to Jacksonville and Orlando. The property's proximity to the future Ormond Crossing development further enhances its long-term growth potential. The land itself offers significant expansion or development opportunities, with a land value of $10 per square foot. This multi-tenant property is offered at $2,750,000, representing a rare chance to acquire a substantial industrial asset in a high-growth area with excellent access to major transportation arteries. The property's high traffic count (17,500 AADT) underscores its prime location and potential for strong returns. The APN is 4242-10-01-0050. This is a gross lease property with no tenant credit rating.

Highlights

  • 17,500 AADT, high traffic count.
  • High-growth market area.
  • I-95 proximity.
  • Convenient commute to Jacksonville and Orlando.
  • Excellent potential for expansion or redevelopment.

Property Details for 1815 Us-1

Property type
Warehouses, Industrial properties
Square Feet
19,665 SF
Class
C
Year Built
1966
Buildings
1
Stories
1
Lot Size (sq. ft)
324,958 SF
Units
1

Location Insight

City
Ormond Beach
County
Volusia
State
Florida
Latitude
29.347497492178
Longitude
-81.146652765678
1815 Us-1, Ormond Beach, Florida

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1815 Us-1
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