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Investment Highlights

  • 2.91 acre vacant development site off I-95 in Ormond Beach, FL
  • One minute to I-95 Exit 273
  • Designed for a 4-story 52,488 SF extended-stay hotel

Executive Summary

Offered for sale is a vacant development site just off I-95 in Ormond Beach, FL that has been designed for an extended-stay hotel. This 2.91 acre site is located on Benton St, directly behind Race Trac gas station. This site has been engineered for a 4-story 52,488 SF extended-stay hotel (Woodspring Suites concept). All site data is available to share including surveys, environmental, biology, geotech, civil, etc for a developer to step right in and complete all site approvals with the City of Ormond Beach.
This Benton St location is just one minute from Exit 273 on I-95. Exit 273 is in final design by FDOT for a $300m+ improvement that will break ground in 2027 and completely modernize and transform this stretch of US Hwy 1.

Property Facts

Price $1,025,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Hospitality
  • Hotel
Total Lot Size 3.58 AC
Zoning B-7 - Highway Tourist Commercial

1 Lot Available

Lot

Price $1,025,000
Price Per AC $352,233.68
Lot Size 2.91 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 3136-01-01-0022
  • 3136-01-34-0220
  • 3136-01-34-0140
  • 3136-01-34-0280
Land Assessment
$170,026 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$205,709 (2026)
  • Listing ID: 35339424

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: Benton St, Ormond Beach, FL 32174

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