1435 N US Highway 1 D1-D4, Ormond Beach, FL 32174
$784,000
Property Type:
Commercial Sale
Square Footage:
5,344
Lot Size (sq. ft.):
1,368
Status:
Closed
Current Price:
$784,000
List Date:
2/25/2025
Last Modified:
11/18/2025
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
General Property Information
Lot Size Acres: 0.0314
Water Body Access YN: No
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!
Building Area Total: 5344
Building Area Source: Public Records
List Price/SqFt: 163.74
Sold Price/SqFt: 146.71
Year Built: 2006
Location, Tax, and Legal
Country: US
Parcel Number: 3136-04-0D-00D1
Tax Annual Amount: 2331
Tax Year: 2024
Tax 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
Zoning Description: Commercial
Currently Not Used
Unit Number: D1-D4
Additional Parcels YN: Yes
Additional Parcels Description: Tax ID: 3136-04-0D-00D2, 3136-04-0D-00D3 & 3136-04-0D-00D4
Year Built: 2006
Status Change Information
Contingent Date: 2025-08-29
Major Change Timestamp: 2025-11-18T20:35:23Z
Major Change Type: Status Change
Price Change Timestamp: 2025-06-27T16:22:16Z
Purchase Contract Date: 2025-11-18
Close Date: 2025-11-18
Close Price: 784000
Lock Box Type
None: 1
Construction Materials
Block: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Commercial: 1
Office: 1
Lot Features
Other: 1
Parking Features
Additional Parking: 1
Guest: 1
Off Street: 1
Parking Lot: 1
Unassigned: 1
Possession
Subject To Tenant Rights: 1
Road Frontage Type
Highway: 1
Sewer
Public Sewer: 1
Building Features
# Overhead Doors: 4
Existing Lease Type
NNN: 1
Sale Includes
Building & Land: 1
Contingency Reason
Inspection: 1
Contract Information
Current Price: $784,000
Sold Price: $784,000
Status: Closed
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
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
Contingency Reason: Inspection
Listing Office:
Realty Pros Assured
Last Updated: November - 18 - 2025
Information deemed reliable but not guaranteed.