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Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
747 SF
Building Class
C
Year Built
1957
Price
$549,000
Price Per SF
$734.94
Cap Rate
6.82%
NOI
$37,442
Percent Leased
100%
Building Height
1 Story
Zoning
B-5 - B-5 Auto Dealer Commercial
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

SeacoastBank
Fifth Third Bank
IHOP
SouthState Bank
Truist
TrustCo Bank
Regions Bank
Chase Bank
Bank of America
Chicken Salad Chick
  • Listing ID: 40669857

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 305 N US Highway 1, Ormond Beach, FL 32174

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