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Property profile & analytics
OFF-MARKET
Land

0 Ormond Bch Ormond Beach, FL 32174

25.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 25.1-acre property in Ormond Beach, Florida, presents a significant investment opportunity. Located at 0 Hwy 40, Ormond Beach, FL 32174, this FEE SIMPLE land boasts hundreds of feet of frontage on State Road 40, strategically positioned near the intersection of Airport Road and Granada. The property is currently zoned for residential use, permitting a single-family home (standard, modular, or mobile). However, the future land use designation by the county is "Incorporated," suggesting potential for future development. The land itself is a mix of dry, undeveloped forested areas (approximately 7.5 acres of pine forest) and wetlands, situated south of West State Road 40 and south of the intersection of Airport Road and West State Road 40. A portion of the Tomoka River runs along the eastern property boundary. The asking price is $799,900. This unique parcel offers substantial potential for various development scenarios given its size, location, and highway frontage. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 25.1 ac (1,093,356 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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