1893 Fairland Rd Ormond Beach, FL 32174
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1893 Fairland Rd
- Property type
- Commercial real estate
Description
This exceptional 20,037.6 square foot commercial lot in Ormond Beach, Florida (32174), presents a unique investment opportunity. Located at 1893 Fairland Road, this nearly half-acre parcel boasts MH-4 zoning, allowing for versatile development options. The property features mature, historic oak trees, adding to its natural beauty and providing a tranquil setting. Utilities are potentially already on-site (buyer inspection required), and the lot is fully fenced, ensuring privacy and security. The absence of HOA restrictions offers complete design freedom. Owner financing is available, with an 80% LTV, requiring a 20% down payment at 7% interest over 30 years with a 10-year balloon payment. This property is situated in the Seabreeze school district, adding to its appeal. This is a rare chance to acquire a sizable, well-located commercial lot with flexible financing options, making it an attractive proposition for developers and investors alike. The property's existing infrastructure and desirable location combine to create a compelling investment opportunity. The peaceful street and convenient location within Ormond Beach offer a blend of tranquility and accessibility. This is a chance to build your dream project in a desirable area with attractive financing terms.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.1267512
- Latitude
- 29.269008
