Price Reduced 41.76%
Price History
$8,500,000
5/25/2023
$7,000,000
10/3/2023
$4,950,000
11/2/2023
Airport ROAD, Ormond Beach, FL, 32174
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.
Status:
Active
Type:
Lot / Acreage
Lot Size:
534 x 2219
Acreage:
26.29
Est. Taxes:
$10,323
Current Use
Unimproved
Permitted Use
Unimproved
Utilities
Electrical Nearby, Sewer Nearby, Water Nearby
Days on Market:
327
MLS #:
O6114002
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of STIRLING INTERNATIONAL REAL ES Phone: 407-250-1000