Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1020 FANTASY DRIVE Davenport, FL 33896

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,100,000

    One-acre parcel in rapidly developing area with road frontage.

    Type:Land or Vacant Lot
    Lot size:
    1.00 Acre
    Added:
    Mar 2, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 5 at 9:33 pm

    Property Features for 1020 FANTASY DRIVE

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    NICK VASELOFF

    Listing agent NICK VASELOFF

    Listing office PRIMEFIT PROPERTIES LLC

    Listing date Mar 2, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of PRIMEFIT PROPERTIES LLC

    Overview

    Davenport Acre with Road Frontage

    This one-acre parcel in Davenport offers 204 feet of road frontage on Fantasy Drive. The nearly square parcel is suitable for redevelopment, investment, or future custom building. Located in unincorporated Polk County, the property has no HOA and is outside of a flood zone. It is positioned near major growth corridors, shopping, and expanding commercial development, offering space and privacy.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Gym & Fitness Center Auto Repair Shop Pharmacy Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Polk
    State
    Florida
    Longitude
    -81.6002
    Latitude
    28.2515

    Nearby Similar for Sale

    • $725,000
      1,200 SF

      Retail Space in Davenport, FL

      Retail space suitable for multiple uses in Davenport, Florida.
      414 US HIGHWAY 17 92 N, DAVENPORT, FL 33837
      View Details
    • $1,995,000
      1,102 SF

      Prime Commercial Land Opportunity

      2-acre commercial land with high-demand uses in rapidly evolving corridor.
      6043 S ORANGE BLOSSOM TRAIL, DAVENPORT, FL 33896
      View Details
    • $1,300,000

      High Exposure Commercial Land Opportunity

      6.83 acres of commercial land in a rapidly growing area.
      5534 US HIGHWAY 17 92 N, DAVENPORT, FL 33837
      View Details
    • $79,900

      Davenport Vacant Land in 55+ Community

      Landscaped lot in Deer Creek RV and Golf Resort.
      1055 DEER CREEK BLVD, Davenport, FL 33837
      View Details
    • $277,000
      1,400 SF

      Restaurant in Bella Plaza, Davenport

      Restaurant in Bella Plaza near highways 192 and 27.
      103 AMBERSWEET WAY, DAVENPORT, FL 33897
      View Details
    • $2,499,000

      Commercial Development Land Near Disney

      11.85 acre commercial development site, 15 minutes from Disney.
      OSCEOLA POLK LINE ROAD, DAVENPORT, FL 33896
      View Details
    • $149,900

      RV Site in Davenport, Florida

      RV site with amenities near Disney and local conveniences.
      2318 ST GEORGE DR, Davenport, FL 33837
      View Details
    • $210,000

      Davenport Buildable Residential Land Parcel

      Cleared 0.93-acre residential land parcel in Davenport, Florida.
      0 HOLLY HILL GROVE 2 ROAD, DAVENPORT, FL 33837
      View Details
    • $155,000

      Davenport Vacant Land Opportunity

      Vacant land near Disney and I-4, ideal for custom home.
      Petes Lane, Davenport, FL 33837
      View Details
    • $149,900

      Davenport Homesite with Acreage

      1.18-acre homesite in Davenport, Florida, offering privacy and opportunity.
      715 GOTTS ROAD, DAVENPORT, FL 33837
      View Details
    • $12,000,000

      Davenport Industrial Warehouse Opportunity

      Expansive industrial facility in Polk County with highway access.
      315 US Hwy 17 92, Davenport, FL 33837
      View Details
    • $1,995,000

      Prime Commercial Land Opportunity

      2-acre commercial land on Orange Blossom Trail, Davenport, FL.
      6043 S ORANGE BLOSSOM TRAIL, DAVENPORT, FL 33896
      View Details

    FAQs

    What type of property is this?
    Commercial land - One-acre parcel in rapidly developing area with road frontage.
    Where is this commercial land located?
    The property is located at 1020 FANTASY DRIVE Davenport, FL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Prime 1‑acre parcel with **204 feet of road frontage on Fantasy Drive.**; Located in unincorporated Polk County with no HOA.; Outside of a flood zone.
    (407) 305-2284
    We can help!
    Listing Contact
    NICK VASELOFF
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!