0 Granada Blvd & Bayberry Dr Ormond Beach, FL 32174
Exceptional commercial development opportunity in Ormond Beach, Florida. This 2.7-acre parcel, identified by APN 4125-00-00-0143, is zoned Volusia County R-4C and boasts 617+ feet of frontage on Granada Boulevard (SR 40), offering significant visibility and accessibility. Located at the northeast corner of W. Granada Boulevard and Bayberry Drive, this property provides direct access to the Tomoka River via a 50-foot wide canal, presenting unparalleled potential for a variety of projects. Its strategic location is approximately half a mile west of Interstate 95, ensuring convenient access to major transportation arteries. The site's preliminary plans envision seven residential lots, though multifamily development may also be feasible. This prime location in the 32174 zip code offers a unique blend of riverfront tranquility and convenient access to Ormond Beach's amenities and major roadways. The asking price for this exceptional property is $995,000. Don't miss this chance to acquire a truly remarkable development site.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.