Introducing the Shoppes at Granada Pointe, a brand-new 19,981 square foot retail center in Ormond Beach, Florida, slated for completion in mid-2025. This single-building, multi-tenant strip center sits on a 20-acre lot at the highly visible intersection of Granada Boulevard and Tomoka Avenue, offering excellent visibility and accessibility. The property is zoned PBD (Planned Business Development) and boasts a variety of unit sizes, ranging from a minimum of 1,537 square feet to a maximum contiguous space of 4,781 square feet, with the entire 19,981 square feet currently available. The center is strategically located near Interstate 95 (approximately 3.4 miles), providing easy access for customers and employees. Current and future neighbors include Wawa, Whistle Express Car Wash, Culver's, and IHOP, creating a strong synergy and high-traffic environment. The estimated annual operating expenses, including common area maintenance (CAM), real estate taxes, and insurance, are $6.95 per square foot. With a daytime population of 109,623 within a 5-mile radius, this location presents a significant opportunity for businesses seeking high visibility and a strong customer base. Ideal for a variety of uses, including fast food, restaurants, financial services, offices, pharmacies, retail, insurance, and medical offices. This is a rare opportunity to secure space in a prime Ormond Beach location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$21,441,824
Hospitality
$19,640,596
Educational
$16,340,746
Medical
$16,902,728
Retail
$25,418,938
Location Insight
City
Ormond Beach
County
Volusia
State
Florida
Latitude
29.2789
Longitude
-81.0712
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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