0 Sr-40 Ormond Beach, FL 32174
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.