Under contract-accepting backup offers. 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.