40 Yonge StOrmond Beach, FL 32174

  • Land
  • 0.49 AC
For Sale
$499,000 View listing

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
40 Yonge St, Ormond Beach, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,774
$108,630
-
$108,630
-
$108,630
-
$108,630

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