1301 Granada BlvdOrmond Beach, FL 32174

Property Details for 1301 Granada Blvd

Year built

2016

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.47 AC

Property size (Sq ft)

4,100 SF

Zone code

R2

Property type

Retail properties

Property subtype

Banks

APN

4230-00-00-0290

APU

423000000290

Description

This exceptional 104,544 square foot commercial land parcel presents a unique development opportunity in the thriving Ormond Beach, Florida market. Located at 1301 W Granada Boulevard, this high and dry, level lot is situated just north of Granada Boulevard, conveniently behind VyStar and Zaxby's. Its prime location offers easy access to a wealth of amenities, including shopping centers, diverse dining options, banking institutions, medical facilities, and the I-95 interstate, ensuring excellent visibility and convenient access for future developments. The property is currently landlocked, requiring a land use and zoning change for development. However, its potential is significant, with possibilities including townhomes, apartments, retail spaces, medical offices, assisted living facilities (ALF), and more. This 2.4-acre site is also part of a potential larger assemblage of nearly 20 acres, offering further expansion opportunities for ambitious projects. The asking price for this strategically located parcel is $420,560. Detailed site plans are available upon request. This is an exceptional opportunity to acquire a substantial commercial land holding in a rapidly growing area of Volusia County, Florida, with a 32174 zip code. Don't miss this chance to shape the future of Ormond Beach.

• CAP approach

  CAP return

  Valuation

  6%

  $1,025,920

  6.5%

  $947,003

  7%

  $879,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,153,361

  Geo Method

  $1,153,361

• Alternative Use

  Use

  Valuation

  Residential

  $798,832

  Hospitality

  $731,726

  Educational

  $608,787

  Medical

  $629,725

  Retail

  $947,003

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Latitude

29.2639

Longitude

-81.1076

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].