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Property profile & analytics
OFF-MARKET
Land

Ormond Beach, FL 32174

Property ID
Property summary
AI-generated overview

This exceptional 5.71-acre commercial land parcel, totaling 248,727.6 square feet, presents a unique opportunity in Ormond Beach, Florida. Located at 0 W Sr-40, this high and dry property is ready for immediate development. Its expansive size offers significant potential for a variety of commercial ventures. The land is buildable, eliminating the need for extensive pre-development site work, saving both time and money. Situated in Volusia County, Florida, with a zip code of 32174, this location offers convenient access to major transportation routes and amenities. The property's "high and dry" designation ensures minimal risk associated with flooding or drainage issues. This is an ideal site for entrepreneurs and developers seeking a prime location to establish their business. The asking price for this exceptional commercial land is $599,000. Don't miss this chance to acquire a substantial and strategically located parcel in a thriving Florida community. The coordinates are 29.2570998 latitude and -81.1651035 longitude. This property is described as usable and buildable, making it an attractive investment for those seeking a quick start on their project.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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