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Property Attributes
- MLS#O6114002
- TypeLand
- CountyFLAGLER
- CityORMOND BEACH
- AreaOrmond Beach
- Zip32174
- Style
- Taxes$ 10323
- Price$ 4,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size26.29 Acres
Data Source:
Stellar MLS
Property Description
Located in Ormond Beach, FL, THIS PREMIER 27-ACRE RETAIL AND COMMERCIAL DEVELOPMENT SITE PRESENTS A REMARKABLE OPPORTUNITY IN A RAPIDLY EXPANDING MARKET. With its approval for 240,000 square feet of commercial space, this site is poised to become a prominent hub for various businesses. The development plans include a Grocery Anchored Retail Center, Retail Power Center, Restaurants, Banks, Drugstore, Retail Services, Medical Offices, and a Multi-Story Retail-Office Complex. Strategically situated in an esteemed upscale residential area, west of I-95, this location boasts a thriving community with thousands of residents already in place. Moreover, numerous new residential units are slated for construction in the near future, further fueling the growth potential. The existing infrastructure is exceptional, featuring all necessary utilities for seamless development. It is worth noting that the development site falls within an approved DRI (Development of Regional Impact) and is primed for immediate development. To add to its appeal, this property is aggressively priced, making it an enticing prospect for astute investors and developers alike. THE PROPERTY IS VERY AGGRESSIVELY PRICED.
Price History | |
---|---|
5/25/2023 | Listed $8,500,000 |
10/3/2023 | 18% - $7,000,000 |
11/3/2023 | 30% - $4,950,000 |
General Features
Sewer | Public Sewer |
---|---|
Utilities | Electrical Nearby,Sewer Nearby,Water Nearby |
Zoning | PD |
Tax Year | 2022 |
Current Use | Unimproved |
Percent Ownership | Fee Simple |
County | Flagler |
Property Type | Land |
Status | Active |
Directions | From Ormond Beach Turn left onto W Granada Blvd (SR-40). Go for 7.4 mi. Then 7.37 miles Turn right onto Shadow Crossings Blvd. Go for 0.6 mi. Then 0.61 miles Turn right onto Hunter's Ridge Blvd |
ModificationTimestamp | 2024-04-16T16:58:18.410Z |
City | ORMOND BEACH |
Buyer Agent Compensation | 2% |
View Y/N | No |
MLS Area | 32174 - Ormond Beach |
Lot Size Units | Acres |
Lot Size Square Feet | 1182094 |
Waterfront Y/N | No |
Tax Annual Amount | 10323.25 |
Additional Parcels Y/N | No |
Days on Market | 327 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Active |
Legal Description | 26.29 ACRES BEING PT OF SEC 15 & 22 POB NLY ROW AIRPORT RD EXT THENCE ALONG A CURVE NW 286.69' NW 448.84' NW 117.75' NW 686.09' NW 228.88' NW 180.75' NE ALONG A CURVE 414.54' THENCE 113.29' SE ALONG |
Water Access Y/N | No |
Water View Y/N | No |
Flood Zone Code | X |
Exterior Features
Water Source | None |
---|---|
Lot Size Area | 27.1371 |
Lot Dimensions | 534 x 2219 |
Lot Size Acres | 26.29 |
Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool