NOT LISTED FOR SALE

Estimated Value: $1,666,213

12 Acres
$133,511 Price per Acre
543,629 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $1,425,000

Est. 17% increase in value since last sale

Current estimated payment $10,940/month

2,602 Days on Market

About This Lot

As of November 2021

Root Commerce Park - 12.5 acre site to develop a 5 building project planned totaling 99,000 SF Commercial, Light Industrial and Office uses. The rear parcel is contiguous to the Florida East Coast Railroad. All development entitlements are in-place. Engineering and Architectural plans available. The site is situated on US Highway 1 with excellent visibility and 4 miles south of I-95 interchange. On the west side of US Highway 1, approximately 13,000 feet north of Nova Road (SR 5A) in Ormond Beach. Less than 4 miles north of SR 40, Ormond Beach's principal east-west thoroughfare. PCD (Planned Commercial Development) City of Ormond Beach. Zoned B-8, Commercial, type A, Permitted Uses include: auto repair, research & development activities, light industrial, and warehousing.

Last Agent to Sell the Property

Diane Larsen, CCIM

Tri-Square Realty, Inc. License #3324691 Listed on: 07/25/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,685

Lot Details

  • 12.48 Acre Lot
  • Lot Dimensions are 887x560
  • Zoning described as Industrial

Community Details

  • Fitch Grant Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3242-00-00-0280

Property Details

Property Type

Land

Est. Annual Taxes

$8,685

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 12.48
  • Lot Size: 887x560
  • Road Surface Type: Asphalt
  • Subdivision Name: Fitch Grant
  • Directions: On the west side of US Highway 1, approximately 13,000 feet north of Nova Road (SR 5A) in Ormond Beach.
  • Reso Property Type: Land
  • General Property Information Lot Size Acres: 12.48
  • General Property Information Lot Size Dimensions: 887x560
  • Location Tax and Legal:Parcel Number: 3242-00-00-0280
  • Location Tax and Legal:Tax Annual Amount: 8685.0
  • Location Tax and Legal:Tax Year: 2019
  • Location Tax and Legal Zoning Description: Industrial
  • Special Features: None

Lot Info

  • Current Use: Industrial, Mixed Use, Office, Unimproved
  • Lot Size Sq Ft: 543628.8
  • Parcel #: 3242-00-00-0280
  • Zoning Description: Industrial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8685.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Halifax Plantation Section M L
Bought by
890 N Us Hwy 1 Llc
Current Estimated Value
$1,666,213

Purchase Details

Listed on
Jul 25, 2014
Closed on
Nov 17, 2021
Sold by
Csr Portfolio One Ltd
Bought by
Halifax Plantation Section M Llc
Seller's Agent
Diane Larsen, CCIM
Tri-Square Realty, Inc.
Buyer's Agent
Diane Larsen, CCIM
Tri-Square Realty, Inc.
List Price
$1,425,000
Sold Price
$1,425,000

Purchase Details

Closed on
Oct 24, 2007
Sold by
Pitcairn Trust Co
Bought by
Goldy Partners Llc

Purchase Details

Closed on
Dec 15, 1990
Bought by
Root Chapman S 1982 Lt

Purchase Details

Closed on
Jan 15, 1983
Bought by
Root Chapman S 1982 Lt

Purchase Details

Closed on
Apr 15, 1968
Bought by
Root Chapman S 1982 Lt
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
890 N Us Hwy 1 Llc $100 None Listed On Document
Halifax Plantation Section M Llc $1,425,000 Attorney
Goldy Partners Llc -- Attorney
Root Chapman S 1982 Lt $100 --
Root Chapman S 1982 Lt $100 --
Root Chapman S 1982 Lt $19,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $1,425,000 0.0% --
09/08/2021 09/08/21 Pending -- -- --
07/25/2014 07/25/14 For Sale $1,425,000 -- --
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,895 $1,349,219 $1,349,219 --
2024 $19,895 $1,349,219 $1,349,219 --
2023 $19,895 $1,226,563 $1,226,563 $0
2022 $18,088 $1,103,907 $1,103,907 $0
2021 $8,610 $489,266 $489,266 $0
2020 $8,613 $489,266 $489,266 $0
2019 $8,685 $489,266 $489,266 $0
2018 $8,924 $489,266 $489,266 $0
2017 $9,331 $489,266 $489,266 $0
2016 $9,684 $489,266 $0 $0
2015 $10,076 $489,266 $0 $0
2014 $10,101 $489,266 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 561573

Daytona Beach Area Association of REALTORS®

APN: 3242-00-00-0280