0 Tomoka Farms Rd Daytona Beach, FL 32124
This exceptional 204-acre commercial land parcel presents a unique investment opportunity in Daytona Beach, Florida. Located in Volusia County, with convenient access from both International Speedway Boulevard and Tomoka Farms Road, this property boasts a highly desirable Multi-Use PMD (Planned Master Development) zoning. This zoning allows for a diverse range of development options, including multifamily residential, office space, retail establishments, industrial facilities, and other compatible uses. The property's strategic location offers unparalleled access to major transportation arteries, with International Speedway Blvd. and Tomoka Farms Rd. exhibiting a combined 47,500 Average Annual Daily Traffic (AADT), and proximity to I-95 boasting an impressive 68,000 AADT. Furthermore, its advantageous proximity to Daytona International Speedway, shopping malls, the Daytona Beach International Airport, outlet centers, universities, and hospitals enhances its appeal and potential for significant returns. The seller is willing to subdivide the land to accommodate various development plans, providing flexibility for potential buyers. The property's address is N. Tomoka Farms Road, Daytona Beach, FL 32124. This is a rare opportunity to acquire a large-scale commercial tract in a thriving Florida market.
Cap rate
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Property description
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