13,336 SqFt
13,336 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 13,336 sqft
Price per Sqft $449
MLS Listing ID 1232782
Year Built 2001
Annual Tax Amount $26,686
Lot Size 3.750 Acres
Lot Dimensions 3.75
Property Sub-Type Retail
Source Daytona Beach Area Association of REALTORS®
Property Description
This combined offering presents an opportunity to acquire an established income-producing commercial property with additional leasing and development potential in Ormond Beach's expanding Williamson Boulevard corridor.
EXISTING BUILDING - 275 WILLIAMSON BLVD.
The 13,116 SF multi-tenant commercial building currently has 11,144 SF leased to established tenants under long-term agreements, representing approximately 85% occupancy. The remaining 1,972 SF consists of unfinished shell space, providing an opportunity for additional rental income upon completion and lease-up.
OUTPARCEL - 395 WILLIAMSON BLVD.
Included in the sale is an approximately 1.25-acre commercial outparcel offering potential for future development. The outparcel is governed by the property's existing BPUD. Prospective purchasers should independently verify permitted uses, development entitlements, infrastructure requirements, and applicable governmental approvals.
LOCATION & MARKET
Situated near the intersection of Williamson Boulevard and Hand Avenue, the properties benefit from convenient access to surrounding residential communities, established commercial developments, and the greater Ormond Beach and Daytona Beach markets.
Reported annual average daily traffic counts include approximately 20,600 vehicles on Williamson Boulevard and 17,300 on Hand Avenue.
INVESTMENT HIGHLIGHTS
- Existing rental income from long-term tenants
- Approximately 85% building occupancy
- 1,972 SF available for completion and lease-up
- Approximately 1.25-acre outparcel included
- Potential for additional commercial development
- Strong visibility along a growing commercial corridor
- Opportunity for income growth and long-term appreciation
Property is offered as a combined sale. Financial information, lease details, and additional property documentation may be made available to qualified purchasers upon request.
Location
State FL
County Volusia
Direction From I-95, take Exit 268 (SR 40/Granada Blvd.) east toward Ormond Beach. Turn right (south) onto Williamson Blvd. Continue south toward Hand Avenue. Properties are located on the left at 275 & 395 Williamson Blvd.
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Parking Lot
Building
Lot Description Other
Water Public
Structure Type Block,Concrete
Others
Senior Community No
Tax ID 4231-01-00-0010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOLS & PROPERTIES
📍Volusia County and soundings
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