40 Yonge StOrmond Beach, FL 32174
- Land
- 0.49 AC
Property Details for 40 Yonge St
- Lot size
- 0.49 AC
- Zone code
- B5
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 4241-07-01-0190
- APU
- 424107010190
Description
This exceptional 0.55-acre commercial land parcel presents a unique investment opportunity in Ormond Beach, Florida's thriving Central Business District. Strategically located just off the busy intersection of Granada Boulevard and US Highway 1, this property boasts unparalleled visibility and accessibility. The site is zoned B-4 Commercial, offering versatile development potential for retail, office, or medical uses. With utilities readily available, plans could accommodate up to a 4,000 square foot building. This location is ideal for owner-users seeking to construct a custom building, enhance their brand presence, and potentially generate additional income through leasing excess space. The asking price is $499,000. This prime location in Volusia County, with its address at 40 N Yonge St., Ormond Beach, FL 32174, offers a compelling combination of high traffic, flexible zoning, and significant development potential. Don't miss this chance to secure a prominent position in Ormond Beach's dynamic commercial landscape.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,150,030
- Hospitality
- $3,801,406
- Educational
- $3,162,725
- Medical
- $3,271,496
- Retail
- $4,919,794
Location Insight
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Latitude
- 29.2838
- Longitude
- -81.0631
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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