550 Granada BlvdOrmond Beach, FL 32174

Property Details for 550 Granada Blvd

Lot size

2.53 AC

Property type

Land

Property subtype

Commercial land

APN

4241-48-00-0020

APU

424148000020

Description

Introducing the Shoppes at Granada Pointe, a brand-new 19,981 square foot retail center in Ormond Beach, Florida, slated for completion in mid-2025. This single-building, multi-tenant strip center sits on a 20-acre lot at the highly visible intersection of Granada Boulevard and Tomoka Avenue, offering excellent visibility and accessibility. The property is zoned PBD (Planned Business Development) and boasts a variety of unit sizes, ranging from a minimum of 1,537 square feet to a maximum contiguous space of 4,781 square feet, with the entire 19,981 square feet currently available. The center is strategically located near Interstate 95 (approximately 3.4 miles), providing easy access for customers and employees. Current and future neighbors include Wawa, Whistle Express Car Wash, Culver's, and IHOP, creating a strong synergy and high-traffic environment. The estimated annual operating expenses, including common area maintenance (CAM), real estate taxes, and insurance, are $6.95 per square foot. With a daytime population of 109,623 within a 5-mile radius, this location presents a significant opportunity for businesses seeking high visibility and a strong customer base. Ideal for a variety of uses, including fast food, restaurants, financial services, offices, pharmacies, retail, insurance, and medical offices. This is a rare opportunity to secure space in a prime Ormond Beach location.

• Alternative Use

  Use

  Valuation

  Residential

  $21,441,824

  Hospitality

  $19,640,596

  Educational

  $16,340,746

  Medical

  $16,902,728

  Retail

  $25,418,938

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Latitude

29.2789

Longitude

-81.0712

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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