1. Restaurant Properties
Prepared for: Jon Lee
Prepared by: Claude Gardner, PA CCIM
Claude Gardner, PA CCIM 386.846.4135
Prudential Commercial Real Estate FL
120 S Palmetto Av, Daytona Beach, FL 32114
An independently owned and operated member of Prudential Commercial Real Estate, a division of BRER Affiliates, Inc. All Information Believed to
be Correct but not Warranted.

2. Overview Map

3. Ormond Crossings
6,000 Acre Planned Development
The Conceptual Plan shows the following
land use entitlements:
Residential - 4,200 units
Retail Commercial - 900,000 sf
Office - 1,000,000 sf
Business/Flex - 800,000 sf
Industrial - 1,000,000 sf
Warehouse/Distribution - 1,100,000 sf
Institutional - 250,000 sf
The plan also envisions an architecturally
attractive overpass, connecting the East
and West Parcels.
The latest Palm Coast Holdings (Allete Properties) development to surface is Ormond Crossings. Located
astride Interstate 95 and the Flagler/Volusia county line, Ormond Crossings is a Master Development Plan for
a 5,850 acre project. The property has 1.5 miles of frontage along both sides of Interstate 95 and over 2 miles
of frontage along the Florida East Coast Railroad. It is located in the southeast quadrant (East Parcel) and
southwest quadrant (West Parcel) of the Interstate 95 at
US Hwy 1 interchange.

4. Ormond Crossings Status
•City of Ormond Beach, FL - Official Website - Ormond Crossings
Ormond Crossings is envisioned by City and County officials as a working / living planned development project featuring a
business park, lifestyle town centers, and a ...
www.ormondbeach.org/index.aspx?NID=199 - Cached
•Ormond Crossings to become new gateway for Volusia County
back to table of contents. Ormond Crossings to become new gateway for Volusia County. Ormond Beach is about to get a new
gateway.
volusia.org/economicdevelopment/quarterly/winter03page22.htm - Cached
•ALLETE Properties Files Ormond Crossings Development Plan
Print page Email page Download PDF « Previous Release | Next Release » ALLETE Properties Files Ormond Crossings
Development Plan
investor.allete.com/releasedetail.cfm?releaseid=171831 - Cached
•Hometown News
Your Local News and Information Source ... By Jessica Jachim. Staff writer. Ormond Crossings, a 6,000-acre business and
residential development project, was cited by ...
www.myhometownnews.net/index.php?id=3796 - Cached
•Ormond Crossings takes another step forward
Ormond Crossings takes another step forward. Many Ormond Beach officials consider the city's future and Ormond Crossings
inextricably ...
www.volusia.org/economicdevelopment/quarterly/summer05b.htm - Cached
•Ormond Crossings mixes use development - Florida Real Estate ...
The latest Palm Coast Holdings (Allete Properties) development to surface is Ormond Crossings. Located astride Interstate 95 and
the Flagler/Volusia county line ...
www.gotoby.com/Ormond_Crossings_mixed_use_development.ht

5. 10,000 Sq Ft Restaurant Pad $850,000.
at Destination Daytona
Property Address:
1641 N US Hwy 1, Ormond Beach, FL
Size: 10,000
Build One 10,000 Sq Ft Building or 5 2,000
Sq Ft Building. Annual events bring nearly
1,000,000 visitors to the area.
Property Strength:
Property Weakness:
Remarks:
Action:
Zoning: Determined by
Destination Daytona Plan
http://www.loopnet.com/lid/17543086

6. 4.6 Acres Across from $3,500,000.
Destination Daytona
Property Address:
1644 N US Hwy 1, Ormond Beach, FL
Size Lot: 4.6 Acres (200,370 sq ft)
Size Building: 5,000 sq ft
Frontage: 450 Ft
AA Accurate Truck & Tire. Business also
For Sale. Directly across from
Destination Daytona at I-95 and US1.
Signage visible from I-95
Property Strength:
Property Weakness:
Remarks:
Action:
Zoning: B-6 (Highway
Interchange Commercial)

7. Across from Destination Daytona $2,320,692
800 Ft Frontage
Property Address:
1670 N US Hwy 1
Ormond Beach, FL
Size Total: 10.5 +- Acres
Parcel One: 6.39 Acres $1,420,692.
Parcel Two: 4.18 Acres $ 900,000.
Adjacent to 6000 Acre Ormond
Crossings Mixed-Use Planned
Development Project
Property Strength:
6.4 +- Ac
4.1 +- Ac
Property Weakness:
Remarks:
Action:
Zoning: City of Ormond B-7
(Highway Tourist Commercial)
Volusia County: B-6 (Highway
Interchange Commercial)
http://www.loopnet.com/lid/17389056 /17350301 /16858488

8. 2.5 Acres 8,300 Sq Ft $1,300,000.
Building At Interchange
Property Address:
1561 N US Hwy 1, Ormond Beach, FL
Size Lot: 2.5 Acres
Size Building: 8,305 sq ft
Frontage: 320 Ft
Former Wendy’s / Gas Station
For Sale. Opposite Side of I-95 from
Destination Daytona
Property Strength:
Property Weakness:
Remarks:
Action:
Zoning: B-6 (Highway
Interchange Commercial)
http://www.loopnet.com/lid/17128050

9. 1.22 Acres Tomoka River Waterfront $775,000.
Property Address:
1007 N US Hwy 1, Ormond Beach, FL
Size Lot: 1.22 Acres
Commercial Riverfront and on busy
Highway One, B-4 Zoning
Highway 1, 3 miles from I-95, in the heart
of Bikeweek traffic!
Property Strength:
Property Weakness:
Remarks:
Action:

10. .86 Ac Main Street Site $TBD.
11/7/07 Notes—City of Daytona Meeting with
Reed Burger, AICP Redevelopment Director
David Westbury, Project Manager
City Stated Criteria:
FAR 7
40 Units per acre (site is .86 Ac 34.4 Units)
Onsite parking required
Height limit 35’ on Main and no stated limit on Hollywood
Main street frontage must have retail component (city is hoping for
restaurant)
City would like to see a retail component along Hollywood
City will consider:
- Partnering to include Hollywood parcel
- Contributing to impact fees
- All proposals
- Tax Incentive Financing
City plans are to erect a parking garage in place of the
city parking lot at the corner of Main and Hollywood
Expected Completion Ocean Center Expansion August 2008
7 25 N Hollywood Ave 50 x 120 6000 sq ft 5304-03-19-0060
Property Strength:
6 21 N Hollywood Ave 50 x 120 6000 sq ft 5304-03-19-0070
5 17 N Hollywood Ave 45 x 120 5400 sq ft 5304-03-19-0080
4 13 N Hollywood Ave 50 x 120 6000 sq ft 5304-03-19-0090 Property Weakness:
3 11 N Hollywood Ave 50 x 120 6000 sq ft 5304-03-19-0100
2 407 Main Street Irregular 4995 sq ft 5304-03-19-0130
1 405 Main Street 35 x 93 3255 sq ft 5304-03-19-0131 Remarks:
TOTAL 37,650 sq ft .86 Acre
Main Street Frontage +- 82’ Irregular Dimensions Action:
Hollywood Frontage 250’
Depth from Main to 25 Hollywood 322’
25 Hollywood Depth 120’

11. Martinis 2.58 Acres $1,999,000
Property Address:
1815 Ridgewood Avenue
Daytona Beach, FL
Size Total: 2.58 +- Acres
Restaurant 3,430 sq ft
Decks/Etc 2,000 sq ft
Retail Shop 2,680 sq ft
Workshop 1,100 sq ft
Office/Apt 1,221 sq ft
Property Strength:
Property Weakness:
Remarks:
Action: