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    Granada Blvd & Bayberry Dr Ormond Beach, FL 32174

    For Sale
    $995,000

    Prime 2.7-acre riverfront development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional commercial development opportunity in Ormond Beach, Florida. This 2.7-acre parcel, identified by APN 4125-00-00-0143, is zoned Volusia County R-4C and boasts 617+ feet of frontage on Granada Boulevard (SR 40), offering significant visibility and accessibility. Located at the northeast corner of W. Granada Boulevard and Bayberry Drive, this property provides direct access to the Tomoka River via a 50-foot wide canal, presenting unparalleled potential for a variety of projects. Its strategic location is approximately half a mile west of Interstate 95, ensuring convenient access to major transportation arteries. The site's preliminary plans envision seven residential lots, though multifamily development may also be feasible. This prime location in the 32174 zip code offers a unique blend of riverfront tranquility and convenient access to Ormond Beach's amenities and major roadways. The asking price for this exceptional property is $995,000. Don't miss this chance to acquire a truly remarkable development site.

    Property Features for 0 Granada Blvd & Bayberry Dr

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre prime riverfront development site.
    • 617 feet of frontage on Granada Boulevard (SR 40).
    • Less than half a mile from I‑95.
    • Tomoka River access.
    • 50‑foot‑wide canal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.1255931
    Latitude
    29.2544001

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    FAQs

    What type of property is this?
    Land - Prime 2.7-acre riverfront development site.
    Where is this land located?
    The property is located at Granada Blvd & Bayberry Dr Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 2.7-acre prime riverfront development site.; 617 feet of frontage on Granada Boulevard (SR 40).; Less than half a mile from I-95.
    Request Owner's contact information
    Granada Blvd & Bayberry Dr 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
    Granada Blvd & Bayberry Dr Ormond Beach, FL 32174
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