Ormond Beach, FL 32174
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.