275 Williamson BlvdOrmond Beach, FL 32174

Property Details for 275 Williamson Blvd

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.75 AC

Property size (Sq ft)

6,020 SF

Property type

Retail properties

Property subtype

Retail space

APN

4231-01-00-0010

APU

423101000010

Description

This exceptional retail and office space, totaling 4,765 square feet, is situated at 275 N Williamson Blvd, Ormond Beach, FL 32174, near the intersection of 275 Williamson Blvd. The property offers three available suites: Suite A (1,615 sq ft), Suite B (1,575 sq ft), and Suite C (1,575 sq ft). This brand-new construction boasts a prime location adjacent to a popular Love's Whole Foods, benefiting from its established customer base and the affluent surrounding community. Williamson Boulevard experiences high traffic, with 20,400 vehicles passing daily (2022 data). The property enjoys excellent accessibility, being less than one mile from I-95 exit 268 and SR 40/Granada Boulevard. Its proximity to AdventHealth Daytona Beach Hospital further enhances its appeal. The area is experiencing significant growth, with over 1,000 new upscale multifamily units nearby. The building shell is complete, and the landlord offers tenant improvement allowances upon lease agreement. The space is ideal for medical, traditional, or executive office uses, but restaurants are excluded. Square footage is derived from tax records. While all information is believed to be accurate, it is not guaranteed.

• CAP approach

  CAP return

  Valuation

  6%

  $1,506,350

  6.5%

  $1,390,477

  7%

  $1,291,157

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,693,472

  Geo Method

  $1,693,472

• Alternative Use

  Use

  Valuation

  Residential

  $1,172,920

  Hospitality

  $1,074,388

  Educational

  $893,878

  Medical

  $924,620

  Retail

  $1,390,477

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Latitude

29.2515

Longitude

-81.11

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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