Margee Michaelis

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Listing provided courtesy of Jason Mitchell Real Estate Florida LLC- MLS# 1226872MLS Provider

305 N U.S. Highway 1Ormond Beach, FL 32174

Commercial · 747 Sq. ft.
$549,900 Active

305 N U.S. Highway 1 Overview

Time on Site:
35 days
Visits:
1

Prime commercial investment opportunity with an estimated 6.82% cap rate located on highly traveled US Highway 1 in Ormond Beach with an approximate AADT traffic count of 21,500 vehicles per day and over 227 feet of frontage exposure. Conveniently located close to Granada Boulevard and just minutes from I-95, this B-5 zoned freestanding commercial office property offers excellent visibility and flexibility for a variety of commercial uses. Building area total is approximately 747 square feet per the Appraiser and situated on approximately 0.26 acres. Interior features include three flexible office spaces and a restroom. Property also offers ample well-lit parking and a large pole sign for additional business exposure. Previous reported uses have included golf cart sales and automotive sales. CURRENT BUSINESS DOES NOT CONVEY. DO NOT DISTURB TENANT. All information deemed reliable but not guaranteed and should be independently verified by buyer and buyer's agent. Some photos have been virtually staged.

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305 N U.S. Highway 1 Facts & Features

  • Type Commercial
  • Sq. ft. 747
  • Price/Sq.ft. $736

Details

General

Building Information

  • Year Built: 1957

Business Information

  • Business Type: Auto Dealer,Commercial
  • Current Use: Commercial,Mixed Use,Other

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 44 - Ormond N of 40, S Tomoka River, E of US1
  • MLS Area Minor: 44 - Ormond N of 40, S Tomoka River, E of US1

Rent/Lease Information

  • Tenant Pays: All Utilities,Electricity,Grounds Care

Tax Information

  • Tax Annual Amount: 3259.3
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,Owner May Carry,Private Financing Available,Other
  • Parcel Number: 424110140010
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 747.0

General Information

  • Building Features: Office,Private Restroom
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Parking Lot

Lot Information

  • Lot Features: Other
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Block,Concrete
  • Roof: Shingle

General Information

  • Number Of Units Total: 0
  • Road Frontage Type: Highway
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Electricity Connected,Sewer Available,Sewer Connected,Water Available,Water Connected

305 N U.S. Highway 1 Neighborhood

Community

32174 (ORMOND BEACH) Demographics

55
Median Age
404
Population Density (per sq. mile)
41%
College Educated
$56,383
Estimated Median Income
18,340
Estimated Total Home Owners
4,750
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

305 N U.S. Highway 1 Monthly Cost

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Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

305 N U.S. Highway 1 Market Data

Based on the last 30 days in this zip code

$557,534
Average List Price
$252
Average Price per Square Foot
175
Properties Sold
102
Average Days on Market
885
Properties for Sale
Calculations provided by Reliance Network

305 N U.S. Highway 1 History

Date Event Value Agent
5/26/2026Source: Daytona MLS Added to Database
May 26, 2026