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    1725 Granada Blvd Ormond Beach, FL 32174

    For Sale
    $350,000

    Waterfront lot, 78,408 sq ft, $350,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 78,408 square foot commercial property located at 1725 W Granada Boulevard in Ormond Beach, Florida, presents a unique investment opportunity. The land is uniquely shaped like a triangle and boasts a desirable waterfront location on the Tomoka River, offering significant commercial potential. Currently zoned R7 by Volusia County, the property would require annexation into the city of Ormond Beach to utilize city water and sewer services. This presents a buyer with the opportunity to shape the future development of this prime location. The asking price for this expansive parcel is $350,000. The property's size and waterfront position make it suitable for a variety of commercial uses, subject to city annexation and necessary permitting. Its location in Ormond Beach, Florida, offers access to a thriving community and convenient transportation links. Detailed zoning information and annexation requirements are readily available upon request. This is a rare chance to acquire a substantial waterfront commercial lot with significant development possibilities in a desirable Florida location. The property's address is 1725 W Granada Boulevard, Ormond Beach, FL 32174.

    Property Features for 1725 Granada Blvd

    General Information

    Property type
    Retail properties

    HighLights

    • 78,408 SF commercial lot at 1725 W Granada Blvd, Ormond Beach, FL.
    • Triangular waterfront parcel on the Tomoka River.
    • Currently zoned R7 (Volusia County); city annexation required for water/sewer.
    • $350,000 asking price.
    • Suitable for various commercial uses (subject to annexation and permitting).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.122477
    Latitude
    29.255613

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    FAQs

    What type of property is this?
    Retail property - Waterfront lot, 78,408 sq ft, $350,000
    Where is this retail property located?
    The property is located at 1725 Granada Blvd Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 78,408 SF commercial lot at 1725 W Granada Blvd, Ormond Beach, FL.; Triangular waterfront parcel on the Tomoka River.; Currently zoned R7 (Volusia County); city annexation required for water/sewer.
    Request Owner's contact information
    1725 Granada Blvd 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
    1725 Granada Blvd Ormond Beach, FL 32174
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