0 Interchange Blvd Ormond Beach, FL 32174
This exceptional 0.89-acre commercial land parcel presents a unique investment opportunity in Ormond Beach, Florida, situated at the highly desirable Granada Boulevard (SR40) interchange. Zoned BPUD, this property offers considerable flexibility for a variety of commercial developments, making it ideal for hotel, multifamily, or other commercial ventures. The asking price is $235,000, translating to $264,045 per acre, reflecting the strong value proposition in this rapidly growing market. Located in Volusia County, zip code 32174, the site benefits from its position within a mature residential and retail market, recognized as Daytona's most upscale community. This upscale suburban location enjoys proximity to Minto's 'Latitude Margaritaville' project, a significant development currently underway with over 6,900 homes planned. The property's strategic location and flexible zoning make it an attractive prospect for developers seeking to capitalize on the area's robust growth and high demand for commercial properties. This is a rare opportunity to acquire a well-positioned parcel in a thriving Florida market. The address is Interchange Boulevard, Ormond Beach, FL 32174.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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