Pineland, A Fully Entitled 192 SFR Lot Subdivision

Vacant Land for Sale
Catylist Listing ID: 30035187
Property Subtypes: Residential (Single Family)
Gross Land Area: 157 Acres
Sale Price: $2,730,240
Unit Price: $17,390 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/7/2017

Overview / Comments

Pineland is located in the heart of Ormond Beach with quick access to I-95, Granada Boulevard and US Highway 1.
Project is fully entitled and construction can begin immediately.
Site offers visibility from I-95, great marketing tool for a builder.
Located in a high growth area with upscale subdivisions that include national, regional, and local home builders.
Large conservation areas throughout project offer ability for lot premiums and subdivision amenities.
Property is zoned PRD (Ormond Beach) and has been engineered for phased development: Phase 1: 44 lots, Phase 2: 27 lots, Phase 3: 43 lots, Phase 4: 35 lots, Phase 5: 43 lots.
192 SFR Lots. Lot Sizes 80; x 100' minimum.
Asking Price $2,730,240 ($14,220 per lot).

Located just east of I-95 and north of Airport Road, on Pineland Trail.
Adjacent to Ormond Green (built out) and across the street from River Oaks (DR Horton) and Broadwater (built out).

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Tax ID/APN: 4124-00-00-0020
Zoning: PRD
Property Visibility: Excellent
Largest Nearby Street: Interstate 95

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 26,413 70,437
Median Age: 49.86 47.5
Households: 12,031 31,457

Contact

Photograph of Listing Agent

John W. Trost, CCIM

SVN | Alliance Commercial Real Estate Advisors
Photograph of Listing Agent

Chris Butera

SVN Alliance
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