164 Nova Rd Holly Hill, FL 32174
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 164 Nova Rd
- Property type
- Commercial real estate
Description
This exceptional 17,424 square foot commercial and residential land parcel presents a unique investment opportunity in Ormond Beach, Florida. Located at 164 S S Nova Road, this property boasts 400 feet of frontage on the busy Nova Road, offering unparalleled visibility and exposure for any commercial venture. Currently zoned single-family for tax purposes, the property's zoning allows for significant flexibility and potential for redevelopment. The site's .4-acre size, combined with four contiguous lots, provides ample space for a variety of commercial uses, including a shopping plaza. The strategic location offers significant advantages for businesses seeking high traffic visibility. Adding to the potential, the city of Ormond Beach owns two acres directly behind this property, presenting a possibility for expansion through purchase or lease. This could facilitate the development of a larger-scale commercial project, significantly increasing the property's value and potential return on investment. This is a rare chance to acquire a substantial parcel in a prime location with significant upside potential. The asking price is $299,000. Don't miss this chance to capitalize on this promising opportunity in a thriving Florida market. The property is situated in Volusia County, Florida, with a zip code of 32174.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Holly Hill
- County
- Volusia
- State
- Florida
- Longitude
- -81.051869
- Latitude
- 29.2280676
