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    Center St Ormond Beach, FL 32174

    For Sale
    $2,000,000

    20-acre residential development site, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 20-acre parcel presents a remarkable opportunity for residential development in Ormond Beach, Florida. Located at the southeast corner of Wilmette Avenue and North Center Street, this property boasts approximately 1,787 feet of combined frontage on both streets, providing significant visibility and accessibility. The site includes an estimated 10 acres of uplands, offering ample buildable space. Its strategic location offers easy access to major thoroughfares including Granada Boulevard, Nova Road, and US Highway 1, ensuring convenient commutes and excellent connectivity. Furthermore, the property is less than half a mile from the Publix-anchored Trails Shopping Center, providing residents with immediate access to retail amenities. The property is zoned B-1, permitting a wide range of residential uses, including multifamily dwellings, assisted living facilities, nursing homes, and even hospitals, making it highly versatile and attractive to a variety of developers. With its substantial size, prime location, and flexible zoning, this 20-acre site represents a truly exceptional investment opportunity in a thriving Florida community. The asking price is $2,000,000. The property's address is SEC of Wilmette Ave & N. Center Street, Ormond Beach, FL 32174, situated in Volusia County.

    Property Features for 0 Center St

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • 20± acre site with approximately 10± acres of uplands.
    • 1,787± feet of frontage on Wilmette Avenue and North Center Street.
    • Less than 0.5 miles from the Publix‑anchored Trails Shopping Center.
    • Excellent access to Granada Boulevard, Nova Road, and US Hwy 1.
    • B‑1 zoning permits multifamily, assisted living, nursing home, and hospital development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0777457
    Latitude
    29.2869584

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    FAQs

    What type of property is this?
    Land - 20-acre residential development site, excellent location.
    Where is this land located?
    The property is located at Center St Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 20± acre site with approximately 10± acres of uplands.; 1,787± feet of frontage on Wilmette Avenue and North Center Street.; Less than 0.5 miles from the Publix-anchored Trails Shopping Center.
    (386) 506-0025
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    Center 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
    Center St Ormond Beach, FL 32174
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