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
Overview
Description
Listing Details MLS# 1209892
General Property Information
- Building Area Total
- 5344
- Building Area Source
- Public Records
- Year Built
- 2006
- 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!
- List Price/SqFt
- 163.74
- Sold Price/SqFt
- 146.71
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
Contract Information
- 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
Status Change Information
- Major Change Timestamp
- 2025-11-18T20:35:23Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2025-06-27T16:22:16Z
- Contingent Date
- 2025-08-29
- Purchase Contract Date
- 2025-11-18
- Close Date
- 2025-11-18
- Close Price
- 784000
Building Features
- # Overhead Doors
- 4
More Information
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
Lock Box Type
- None
- Yes
Construction Materials
- Block
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
Current Use
- Commercial
- Yes
- Office
- Yes
Lot Features
- Other
- Yes
Parking Features
- Additional Parking
- Yes
- Guest
- Yes
- Off Street
- Yes
- Parking Lot
- Yes
- Unassigned
- Yes
Possession
- Subject To Tenant Rights
- Yes
Road Frontage Type
- Highway
- Yes
Sewer
- Public Sewer
- Yes
Existing Lease Type
- NNN
- Yes
Sale Includes
- Building & Land
- Yes
Contingency Reason
- Inspection
- Yes
Listing Office:
Realty Pros Assured
Last Updated: November - 18 - 2025
Information deemed reliable but not guaranteed.