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Property profile & analytics
OFF-MARKET
Land

0 Sr-40 Ormond Beach, FL 32174

Property ID
Property summary
AI-generated overview

This exceptional 25.1-acre parcel in Ormond Beach, Florida, presents a significant investment opportunity. Located at 0 Sr-40, this property boasts hundreds of feet of frontage on State Road 40, strategically positioned at the intersection of Airport Road and Granada Boulevard. The land offers a unique blend of commercial and residential potential, currently zoned to allow for a single-family dwelling (standard, modular, or mobile home). The site encompasses approximately 7.5 acres of dry, undeveloped pine forest, situated on the northeast and southwest portions. Wetlands are present on the northwest and southeast sections. The Tomoka River flows along the eastern property boundary. The total lot size is 1,106,859.6 square feet. The property's location immediately south of West State Road 40 and south of the intersection of Airport Road and West State Road 40 provides excellent visibility and accessibility. Future land use designation by the county is Incorporated. This property's size, location, and zoning create a compelling opportunity for diverse development possibilities. Consider the potential for commercial development given its high-traffic location, or explore residential options within the existing zoning allowances. The unique blend of forested and wetland areas adds to the property's character and potential for creative development. This is a rare opportunity to acquire a substantial parcel of land in a desirable Florida location.

Property profile
Verified
Property type Land
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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