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1435 Us Highway 1 D1-d4, Ormond Beach, FL 32174
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Priced at Only: $875,000
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Address: 1435 Us Highway 1 D1-d4, Ormond Beach, FL 32174
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  • MLS#: 1209892 ( Commercial Sale )
  • Street Address: 1435 Us Highway 1 D1-d4
  • Viewed: 35
  • Price: $875,000
  • Price sqft: $164
  • Waterfront: No
  • Year Built: 2006
  • Bldg sqft: 5344
Description
Prime Investment Opportunity in Volusia County, FL! This income generating property consists of four fully leased units, occupied by the Volusia County Sheriff's Office since 2014. With a recently renewed lease through May 2029 and options to extend, this NNN investment offers stability and strong returns with a 7.25% + CAP rate. Strategically located on N US Hwy 1, directly across from the future Ormond Crossingsa transformative 3,000 acre mixed use development featuring a Town Center, Business Park, and diverse housing options. Benefit from high visibility with 25,500 AADT on US 1 and seamless access to I 95 and key area attractions. Don't miss this rare opportunity to own a high performing asset in a rapidly growing market!
Description
Prime Investment Opportunity in Volusia County, FL! This income generating property consists of four fully leased units, occupied by the Volusia County Sheriff's Office since 2014. With a recently renewed lease through May 2029 and options to extend, this NNN investment offers stability and strong returns with a 7.25% + CAP rate. Strategically located on N US Hwy 1, directly across from the future Ormond Crossingsa transformative 3,000 acre mixed use development featuring a Town Center, Business Park, and diverse housing options. Benefit from high visibility with 25,500 AADT on US 1 and seamless access to I 95 and key area attractions. Don't miss this rare opportunity to own a high performing asset in a rapidly growing market!
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Features
Land Information
  • Lot Features: Other
Garage and Parking
  • Parking Features: Additional Parking, Guest, Off Street, Parking Lot, Unassigned
Utilities
  • Cooling: Central Air
  • Road Frontage Type: Highway
  • Sewer: Public Sewer
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Legal Description: UNIT D1 BLDG D MBA BUSINESS CENTER CONDOMINIUM PER OR 5566 PG 2669 PER OR 6003 PG 3289 PER OR 6685 PG 0199
  • Parcel Number: 3136-04-0D-00D1
  • Unit Number: D1-D4
  • Views: 35
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Nearby Subdivisions
Beldens Melrose   Coquina Point   Not In Subdivision   Ormond Terrace   Rio Vista Gardens   Tomoka Estates   Trails South Forty  

Contact Info

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Headshot for Associate Warren Cohen
  1. Warren Cohen
  2. Southern Realty Ent. Inc.
  3. Office: 407.869.0033
  4. Mobile: 407.920.2005
  5. warrenlcohen@gmail.com