3265 Sr 40 Ormond Beach, FL 32174
This exceptional 10-acre commercial parcel, located at 3265 W SR 40 in Ormond Beach, Florida (zip code 32174), presents a unique investment opportunity. Priced at $499,000, this property boasts 435,600 square feet of land and offers significant development potential. Situated conveniently between Appaloosa Lane and Cone Road, approximately six miles west of I-95, it enjoys a blend of country tranquility and easy city access. The property is zoned A-2 Rural Agriculture, allowing for a diverse range of uses including single-family homes, modular homes, home occupations, hobby farms, churches, and fire stations. A completed wetland survey reveals approximately 3+ acres of uplands fronting SR 40, providing ample buildable space. The parcel's size also allows for division into five-acre ranchette lots, creating additional development possibilities. This prime location and flexible zoning make this property ideal for residential or commercial development, offering investors a rare chance to capitalize on Ormond Beach's growth. The property's coordinates are 29.254708 latitude and -81.208665 longitude.
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.
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.