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    110 Ormond Beach, FL 32174

    Sponsored
    For Sale
    $650,000

    Seven-acre commercial parcel, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7-acre (304,920 sq ft) commercial land parcel presents a unique investment opportunity in Ormond Beach, Florida. Located at 110 Bennett Ln, 32174, this property boasts a versatile R3 zoning designation, allowing for a variety of commercial uses, including but not limited to assisted living facilities and adult family care homes (a full list of permitted uses is available upon request). The mostly cleared land offers ample space for development, providing plenty of room for expansive projects. Its convenient location near restaurants, banks, and shopping centers ensures high visibility and accessibility. This large-scale property is ideal for developers seeking a prime location to build a custom estate or a significant commercial venture. The asking price for this remarkable opportunity is $650,000. The property's size and zoning make it a highly attractive investment in a thriving Florida community. Detailed zoning information and permitted uses are available upon request. Don't miss this chance to acquire a substantial piece of Ormond Beach real estate.

    Property Features for 0 110

    General Information

    Property type
    Mixed-use properties

    HighLights

    • 7‑acre (304,920 sq ft) commercial land parcel in Ormond Beach, FL.
    • Located at 110 Bennett Ln, 32174, with R3 zoning.
    • Suitable for various commercial uses, including assisted living facilities and adult family care homes.
    • Mostly cleared land, ideal for large‑scale development.
    • Prime location near amenities, offering high visibility and accessibility.
    • Asking price: $650,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.1857736
    Latitude
    29.2890392

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    FAQs

    What type of property is this?
    Mixed-use property - Seven-acre commercial parcel, prime location.
    Where is this mixed-use property located?
    The property is located at 110 Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 7-acre (304,920 sq ft) commercial land parcel in Ormond Beach, FL.; Located at 110 Bennett Ln, 32174, with R3 zoning.; Suitable for various commercial uses, including assisted living facilities and adult family care homes.
    Request Owner's contact information
    110 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
    110 Ormond Beach, FL 32174
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