305 N US Highway 1 - Auto Dealership FOR SALE


Ormond Beach, FL 32174
$549,000 USD
386-314-4031
305 N US Highway 1, Ormond Beach, FL for Sale
$549,000 USD
Auto Dealership - FOR SALE
1/22
null | 6.82% Cap Rate

305 N US Highway 1
Ormond Beach, FL 32174


HIGHLIGHTS

  • Approximate AADT traffic count of 21,500 vehicles per day
  • Over 227 feet of frontage exposure for outstanding visibility
  • Large pole sign for additional business exposure

OVERVIEW

Prime commercial investment opportunity with an estimated 6.82% cap rate located on highly traveled US Highway 1 in Ormond Beach with an approximate AADT traffic count of 21,500 vehicles per day and over 227 feet of frontage exposure. Conveniently located close to Granada Boulevard and just minutes from I-95, this B-5 zoned freestanding commercial office property offers excellent visibility and flexibility for a variety of commercial uses. Building area total is approximately 747 square feet per the Appraiser and situated on approximately 0.26 acres. Interior features include three flexible office spaces and a restroom. Property also offers ample well-lit parking and a large pole sign for additional business exposure. Previous reported uses have included golf cart sales and automotive sales. CURRENT BUSINESS DOES NOT CONVEY. DO NOT DISTURB TENANT. All information deemed reliable but not guaranteed and should be independently verified by buyer and buyer’s agent.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$735 USD /SF

CAP RATE

6.82%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

B-5 Zoning Ormond Beach 21,500 vehicles a day

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,181 SF

ZONING

B-5

APN/PARCEL ID

4241-10-14-0010

ASK ABOUT THIS PROPERTY

Sarah AmarasingheJason Mitchell Group Real EstateMore Info
386-314-4031

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Sarah AmarasingheJason Mitchell Group Real EstateMore Info
386-314-4031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.