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Property profile & analytics
FOR SALE
Agricultural land / Farmland

2800 Tomoka Farms Rd Port Orange, FL 32128

Trust Owned 7-yr Hold
Property ID
US18-7343999
Property summary
AI-generated overview

Tomoka Farms Road 411 +/- acres is an excellent land investment opportunity in a growing part of Volusia County. This property has 2,700+/- feet of hard road frontage on Tomoka Farms Road. The ranch consist of a mixture of improved pasture and pine woods. Much of the western portion of the property is zoned "FR" or Forestry Resource. However, there an 118 +/- acre parcel to the east that is zoned A-2, which allows one dwelling unit per 5 acres. With good road frontage, minimal wetlands, and favorable zoning, this parcel could serve as a rural estate type development. The ranch currently borders very similar projects to the North and across Tomoka Farms Road to the East. Location Description From I-95 take SR 44 East for 4.9 miles. Then go North on Tomoka Farms Road for 3.5 miles. The property will be on the West side of the road. For more information please visit: https://www.saundersrealestate.com/property-listings/tomoka-farms-road/

Property profile
Verified
Property type Agricultural land / Farmland
UPID US18-7343999
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Parker Family Trust · 7 yrs held
Parker Family Trust
since 2019
2 recorded transactions
2019
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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