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    O Avenue Ormond Beach, FL 32174

    Sponsored
    For Sale
    $175,000

    Prime Development Land, 66,211 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 66,211 square foot commercial land parcel presents a unique development opportunity in Ormond Beach, Florida. Located at 0 Avenue O, Volusia County, zip code 32174, this property is situated in an unincorporated area and offers significant potential for various commercial ventures. The land is currently in its natural state and requires development in accordance with Volusia County codes to establish vested rights. The asking price for this substantial lot is $175,000. It's important to note that buyers are responsible for verifying all data and dimensions provided, as all information is derived from tax records and, while considered reliable, is not guaranteed. This is a compelling investment for developers seeking a large-scale project. Please be aware that five additional adjacent lots are also available for purchase, offering the possibility of a larger, consolidated development. These additional lots are identified by separate MLS numbers: 1095249, 1095256, 1095252, 1095254, and 1095255. The seller is highly motivated to facilitate a swift transaction. This presents a rare chance to acquire a significant land holding in a desirable Florida location. Act quickly to secure this prime development opportunity.

    Property Features for O Avenue

    General Information

    Property type
    Land

    HighLights

    • 66,211 SF commercial land parcel in Ormond Beach, FL.
    • Located at 0 Avenue O, Volusia County, 32174 (unincorporated).
    • Asking price: $175,000.
    • Requires development per Volusia County codes.
    • Five adjacent lots also available (MLS# 1095249, 1095256, 1095252, 1095254, 1095255).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0743133
    Latitude
    29.2503582

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    FAQs

    What type of property is this?
    Land - Prime Development Land, 66,211 sq ft
    Where is this land located?
    The property is located at O Avenue Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 66,211 SF commercial land parcel in Ormond Beach, FL.; Located at 0 Avenue O, Volusia County, 32174 (unincorporated).; Asking price: $175,000.
    Request Owner's contact information
    O Avenue 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
    O Avenue Ormond Beach, FL 32174
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