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Property profile & analytics
OFF-MARKET
Residential income homes

1905 Fairland Rd Ormond Beach, FL 32174

Property ID
US18-5565275
Property summary
AI-generated overview

This exceptional commercial property, located at 1905 Fairland Road in Ormond Beach, Florida, presents a unique investment opportunity. The 20,037.6 square foot lot is zoned for commercial use and offers significant potential for development. Currently featuring a mobile home that must be removed prior to construction of a replacement structure, the property is situated in an HOA-free neighborhood, providing flexibility and minimizing ongoing fees. Existing utilities are already in place, simplifying the development process and reducing upfront costs. The almost half-acre lot provides ample space for a variety of commercial ventures, making it an attractive proposition for entrepreneurs and investors alike. The property's location in Ormond Beach, Florida, offers easy access to major transportation routes and a thriving local economy. The address is 1905 Fairland Road, Ormond Beach, FL 32174. This is a rare opportunity to acquire a sizable commercial lot in a desirable location, ready for immediate development. The asking price is $164,000. Serious inquiries only.

Property profile
Verified
Property type Residential income homes
UPID US18-5565275
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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