1725 Granada Blvd Ormond Beach, FL 32174
This exceptional 78,408 square foot commercial property located at 1725 W Granada Boulevard in Ormond Beach, Florida, presents a unique investment opportunity. The land is uniquely shaped like a triangle and boasts a desirable waterfront location on the Tomoka River, offering significant commercial potential. Currently zoned R7 by Volusia County, the property would require annexation into the city of Ormond Beach to utilize city water and sewer services. This presents a buyer with the opportunity to shape the future development of this prime location. The asking price for this expansive parcel is $350,000. The property's size and waterfront position make it suitable for a variety of commercial uses, subject to city annexation and necessary permitting. Its location in Ormond Beach, Florida, offers access to a thriving community and convenient transportation links. Detailed zoning information and annexation requirements are readily available upon request. This is a rare chance to acquire a substantial waterfront commercial lot with significant development possibilities in a desirable Florida location. The property's address is 1725 W Granada Boulevard, Ormond Beach, FL 32174.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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