Address
Airport ROAD, ORMOND BEACH, FL
Price
$ 4,950,000
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
City ORMOND BEACH
Buyer Agent Compensation 2%
MLS Area 32174 - Ormond Beach
Lot Size Square Feet 1182094
Waterfront Y/N No
Street Name Airport
Tax Annual Amount 10323.25
Public Remarks 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 co
Days on Market 327
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

Interior Features

Street Suffix ROAD
Living Area Units Square Feet

Exterior Features

Water Source None
Lot Size Area 27.1371
Lot Dimensions 534 x 2219
Lot Size Acres 26.29
Road Surface Type Asphalt
Lot Size Units Acres

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

Property vs Land Average in 32174

Price
AVG $610K
$4.95M
Taxes
AVG $1,591
$10,323
Visits
AVG 430
1349
Data Provided by Inside Real Estate®

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