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West State Road 40

Ormond Beach FL 32174

304966 sq. ft.
Land
Currently for sale - view listing

Overview

This 30.46-acre parcel on Old Tomoka Road offers an exceptional development opportunity within the prestigious Hunter's Ridge DRI. With approximately 15.56 acres of uplands and the serene Little Tomoka River running through the property. This site is perfect for a residential development with DRI approvals for up to 50 units, making it ideal for apartments, condos, or townhomes. Zoned for both residential and commercial use, this versatile property provides endless possibilities for developers. Utilities are readily available, with a water main at Shadow Crossing and sewer access at Valencia. The parcel boasts a prime location just 3 miles from I-95, ensuring easy access for future residents or businesses, and benefits from an average of 13,000 vehicles daily, providing excellent visibility. Surrounded by natural beauty and located in a rapidly growing area, this property is priced to sell fast, making it a must-see for investors and developers alike. Seller has plans for a 38 unit townhome development that can be delivered engineered/ permit ready for an additional cost or the buyer can take over approvals.

Features

304966 sq. ft. lot size
Land

Happy sellers in Ormond Beach

88%
88% of sellers in Ormond Beach reported that their sale price either exceeded or met their price expectations.

Ormond Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Ormond Beach over the last 12 months.

Local market activity for land plots in Ormond Beach

In the last 12 months, 14 land plots similar to West State Road 40, have been sold.

This represents a 7% increase in land plots sales when compared to the previous 12 months.

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