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    No St Ormond Beach, FL 32174

    For Sale
    $475,000

    6-Acre Commercial Lot, $475,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 6-acre commercial lot, encompassing 261,360 square feet, presents a remarkable investment opportunity in Ormond Beach, Florida. Located on the north side of West Granada Boulevard (SR 40), this property boasts nearly 800 feet of frontage. Situated approximately 5 miles west of I-95 in unincorporated Volusia County, near Country Acres, it offers convenient access to major roadways. The lot is 80% cleared and fully fenced, currently zoned A-3 (Transitional Agriculture) with an agricultural exemption. The zoning allows for potential subdivision into two lots, opening up various development possibilities. Imagine building your dream home, establishing a farm, or pursuing other commercial ventures. This property is free from HOA fees, providing flexibility and cost savings. Enjoy the benefits of convenient country living, with proximity to Volusia Speedway (under 10 miles), Daytona Speedway (17 miles), shopping, dining, and hospitals. Note that the property includes some wetlands and is considered vested. While all information is believed to be accurate, verification is recommended. This is a prime location for those seeking a versatile and strategically positioned commercial land parcel.

    Property Features for 0 No St

    General Information

    Property type
    Land

    HighLights

    • $475,000 asking price.
    • 6‑acre commercial land parcel (261,360 sq ft).
    • Located in Ormond Beach, FL (Volusia County), near Granada Blvd (SR40) and I‑95.
    • 80% cleared, fenced, and zoned A‑3 (Agricultural Exempt); potential for subdivision.
    • No HOA fees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.1857736
    Latitude
    29.2890392

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    FAQs

    What type of property is this?
    Land - 6-Acre Commercial Lot, $475,000
    Where is this land located?
    The property is located at No St Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price.; 6-acre commercial land parcel (261,360 sq ft).; Located in Ormond Beach, FL (Volusia County), near Granada Blvd (SR40) and I-95.
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    No St 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
    No St Ormond Beach, FL 32174
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