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Property profile & analytics
OFF-MARKET
Land

0 Center St Ormond Beach, FL 32174

20 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20-acre parcel presents a remarkable opportunity for residential development in Ormond Beach, Florida. Located at the southeast corner of Wilmette Avenue and North Center Street, this property boasts approximately 1,787 feet of combined frontage on both streets, providing significant visibility and accessibility. The site includes an estimated 10 acres of uplands, offering ample buildable space. Its strategic location offers easy access to major thoroughfares including Granada Boulevard, Nova Road, and US Highway 1, ensuring convenient commutes and excellent connectivity. Furthermore, the property is less than half a mile from the Publix-anchored Trails Shopping Center, providing residents with immediate access to retail amenities. The property is zoned B-1, permitting a wide range of residential uses, including multifamily dwellings, assisted living facilities, nursing homes, and even hospitals, making it highly versatile and attractive to a variety of developers. With its substantial size, prime location, and flexible zoning, this 20-acre site represents a truly exceptional investment opportunity in a thriving Florida community. The asking price is $2,000,000. The property's address is SEC of Wilmette Ave & N. Center Street, Ormond Beach, FL 32174, situated in Volusia County.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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