Property profile

40 N Yonge St Ormond Beach, FL 32174

FOR SALE
Commercial land
Property ID
US18-0439375
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

Located in Ormond Beach’s high growth Central Business District. Great exposure strategically positioned just off one of Ormond’s busiest intersections (Granada Blvd. & US Hwy 1). The 0.55-acre site has versatile zoning allowing retail, office and medical uses. Up to 4,000 SF could be developed with utilities available. Ideal for an owner/user wanting to construct their own building, increase visibility, and have the potential to generate additional income by leasing excess space.

Property profile

Verified
Property type Commercial land
UPID US18-0439375

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

40 N Yonge St Ormond Beach, FL 32174
Ormond Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2020
$925,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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