1435 N US Highway 1, D1-D4, Ormond Beach, FL 32174 (MLS# 1209892)

1435 N US Highway 1, D1-D4, Ormond Beach, FL 32174

$875,000
Property Type: Commercial Sale Square Footage: 5,344 Lot Size (sq. ft.): 1,368 Status: Active
Current Price: $875,000 List Date: 2/25/2025 Last Modified: 7/16/2025

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 Crossings—a 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!

More Information MLS# 1209892

Contract Information

Current Price: $875,000 List Price: $875,000 Status: Active Listing Contract Date: 2025-02-25 Property Sub Type: Office

Location Tax and Legal

Street Number: 1435 Street Direction Prefix: N Street Name: US Highway 1 County: Volusia State: FL Postal Code: 32174 MLS Area Major: 46 - Ormond N of Tomoka River, E of US1

General Property Information

Building Area Total: 5344 Building Area Source: Public Records Year Built: 2006 Lot Size Acres: 0.0314 Waterfront YN: No Directions: South on N US Hwy 1 from I-95 to left on Destiny Dr. Public Remarks: 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 Crossings—a 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! List Price/SqFt: 163.74

Status Change Information

Major Change Timestamp: 2025-06-27T16:22:17Z Major Change Type: Price Reduced Price Change Timestamp: 2025-06-27T16:22:16Z

Building Features

# Overhead Doors: 4

Property Features

Construction Materials: Block; Stucco Cooling: Central Air Current Use: Commercial; Office Existing Lease Type: NNN Lock Box Type: None Lot Features: Other Parking Features: Additional Parking; Guest; Off Street; Parking Lot; Unassigned Possession: Subject To Tenant Rights Road Frontage Type: Highway Sale Includes: Building & Land Sewer: Public Sewer
Listing Office: Realty Pros Assured
Last Updated: July - 16 - 2025
Information deemed reliable but not guaranteed.