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    40 N Yonge St Ormond Beach, FL 32174

    For Sale
    $449,000

    0.55-acre site in high-growth area, versatile zoning.

    Property size:
    23,903 SF
    Lot size:
    23.00 Acres

    Property Features for 40 N Yonge St

    General Information

    Size
    23,903 SF
    Lot size
    23.00 Acres

    Source: Patrick M. Opalewski, CCIM Agent Patrick M. Opalewski, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ormond Beach Commercial Land Available

    Located in Ormond Beach’s high growth Central Business District, this 0.55-acre site offers great exposure, strategically positioned just off one of Ormond’s busiest intersections, Granada Boulevard and US Highway 1. The property has versatile zoning allowing retail, office, and medical uses. Up to 4,000 square feet could be developed, with utilities available. It is ideal for an owner/user wanting to construct their own building, increase visibility, and have the potential to generate additional income by leasing excess space. The property is 23903 square feet and offers high visibility in a strong growth area located in the Downtown Business District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0629232
    Latitude
    29.2838031

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    FAQs

    What type of property is this?
    Commercial land - 0.55-acre site in high-growth area, versatile zoning.
    Where is this commercial land located?
    The property is located at 40 N Yonge St Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Located in Ormond Beach's high-growth Central Business District.; - **Great exposure and high visibility**, strategically positioned off Granada Blvd. & US Hwy 1.; - Versatile zoning allows for retail, office, and medical uses.
    (386) 295-9676
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    40 N Yonge St Ormond Beach, FL 32174
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    Ormond Beach, FL 32174
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 N Yonge St Ormond Beach, FL 32174
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