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    125 Capri Dr Ormond Beach, FL 32176

    For Sale
    $199,900

    6,098 sq ft Commercial Lot, $199,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 6,098.4 square foot commercial lot is ideally situated at 125 Capri Drive in Ormond Beach, Florida, zip code 32176, within Volusia County. Offered at $199,900, this property presents a unique opportunity for commercial development. The land is categorized as commercial and boasts a prime location. Its precise coordinates are latitude 29.369286 and longitude -81.078575. While the marketing materials mention proximity to the beach, this listing focuses on the commercial potential of the property itself. The lot's size provides ample space for a variety of commercial ventures, allowing for significant flexibility in design and construction. Given its location in Ormond Beach, a thriving coastal community, this property offers excellent potential for strong returns on investment. The property is ready for immediate development, presenting a blank canvas for a discerning buyer to create a successful commercial enterprise. Serious inquiries are encouraged to explore the possibilities this exceptional commercial lot offers. The property is zoned for commercial use (zoning information should be independently verified). This is a rare opportunity to acquire a sizable commercial lot in a desirable location.

    Property Features for 125 Capri Dr

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Kitchen & Bath HVAC Service Hotel & Motel Computer & Electronic Repair Nursing Home Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.078575
    Latitude
    29.369286

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    FAQs

    What type of property is this?
    Land - 6,098 sq ft Commercial Lot, $199,900
    Where is this land located?
    The property is located at 125 Capri Dr Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $199,900.
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    125 Capri Dr Ormond Beach, FL 32176
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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
    125 Capri Dr Ormond Beach, FL 32176
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