Property profile

0 7.98 Ac Hwy Ormond Beach, FL 32110

OFF-MARKET
Land
347,608 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 7.98-acre commercial land parcel boasts 815 feet of frontage on US Highway 1 in Bunnell, Florida, offering unparalleled visibility and accessibility. Located directly across from the entrance to Plantation Bay South, this property benefits from extremely high traffic volume, making it ideal for a wide range of commercial ventures. Situated in a rapidly growing area, this land presents a unique investment opportunity. The property is conveniently located only three miles from I-95, ensuring easy access to major transportation routes. Importantly, this parcel is located in a Flood Zone X, meaning it's not in a Special Flood Hazard Area. The land is dry and ready for development. Note that this 7.98-acre parcel is one of four parcels available for sale along US Highway 1, totaling 75 acres. The seller is open to offers on the entire 75-acre assemblage, with a minimum asking price of $65,000 per acre. This combined offer is contingent upon the sale of the other parcels or potential adjustments to the total acreage if parcels are subdivided and sold individually. The asking price for this specific 7.98-acre parcel is $599,000. This is a remarkable opportunity to acquire a strategically located commercial property in a thriving Florida market.

Property profile

Verified
Property type Land
Total area 347,608 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7.98 Ac Hwy Ormond Beach, FL 32110
Ormond Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7.98 Ac Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message