725 Boice Ln Ormond Beach, FL 32174
This exceptional 5-acre property, located at 725 Boice Lane in Ormond Beach, Florida (zip code 32174), presents a unique opportunity for commercial, farm, or residential development. The expansive 217,800 square foot lot boasts approximately 70% usable land, a rarity in this area where many similar properties are largely comprised of wetlands. Recent surveys (completed within the last three years) have definitively identified wetlands and property boundaries. The property's dimensions measure 329 feet by 623 feet and is fully fenced, making it ideal for various uses, including equestrian activities. Its convenient location offers easy access to Ormond Beach's amenities while providing the tranquility of a spacious, rural setting. This is a truly exceptional opportunity to acquire a large, usable parcel of land in a highly desirable location. The asking price is $205,000. Don't miss this chance to secure this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.