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    Tomoka Farms Rd Daytona Beach, FL 32124

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    For Sale
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    204 Acres, Multi-Use Zoning, Ideal Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 204-acre commercial land parcel presents a unique investment opportunity in Daytona Beach, Florida. Located in Volusia County, with convenient access from both International Speedway Boulevard and Tomoka Farms Road, this property boasts a highly desirable Multi-Use PMD (Planned Master Development) zoning. This zoning allows for a diverse range of development options, including multifamily residential, office space, retail establishments, industrial facilities, and other compatible uses. The property's strategic location offers unparalleled access to major transportation arteries, with International Speedway Blvd. and Tomoka Farms Rd. exhibiting a combined 47,500 Average Annual Daily Traffic (AADT), and proximity to I-95 boasting an impressive 68,000 AADT. Furthermore, its advantageous proximity to Daytona International Speedway, shopping malls, the Daytona Beach International Airport, outlet centers, universities, and hospitals enhances its appeal and potential for significant returns. The seller is willing to subdivide the land to accommodate various development plans, providing flexibility for potential buyers. The property's address is N. Tomoka Farms Road, Daytona Beach, FL 32124. This is a rare opportunity to acquire a large-scale commercial tract in a thriving Florida market.

    Property Features for 0 Tomoka Farms Rd

    General Information

    Property type
    Land
    Lot Size
    8,886,240 SF

    HighLights

    • 204± acres of land.
    • Excellent location near major amenities including Daytona International Speedway, shopping malls, the airport, outlet stores, universities, and hospitals.
    • Convenient access via International Speedway Boulevard and Tomoka Farms Road.
    • Owner willing to subdivide the property.
    • Zoned for a planned master development, permitting multifamily, office, retail, and industrial uses.
    • High traffic counts: 47,500 AADT on International Speedway Blvd. & Tomoka Farms Rd., and 68,000 AADT on I‑95.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.094851
    Latitude
    29.194113

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    FAQs

    What type of property is this?
    Land - 204 Acres, Multi-Use Zoning, Ideal Location
    Where is this land located?
    The property is located at Tomoka Farms Rd Daytona Beach, FL.
    What are key features of this property?
    This property features: 204± acres of land.; Excellent location near major amenities including Daytona International Speedway, shopping malls, the airport, outlet stores, universities, and hospitals.; Convenient access via International Speedway Boulevard and Tomoka Farms Road.
    (386) 238-3600
    Request Owner's contact information
    Tomoka Farms Rd Daytona Beach, FL 32124
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    Daytona Beach, FL 32124
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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
    Tomoka Farms Rd Daytona Beach, FL 32124
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