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    Martin Luther King Jr Bltwy Dr Deland, FL 32724

    For Sale
    $1,200,000

    Development site at Beresford Road Extension and Martin Luther King Beltway.

    Property size:
    2 SF
    Lot size:
    2.13 Acres

    Property Features for Martin Luther King Jr Bltwy Dr

    General Information

    Size
    2 SF
    Lot size
    2.13 Acres

    Source: Steve Costa Agent Steve Costa

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

    Overview

    2.13 Acre Development Site

    This 2.13± acre development site is located at the newly completed intersection of Beresford Road Extension and Martin Luther King Beltway. The location has high potential for commercial growth and is an ideal site for a convenience store or fast food establishment. The Lake Beresford Extension connecting to Downtown DeLand has just been completed. The site is surrounded by planned residential communities and serves the adjacent neighborhoods of Lakewood Park and The Reserve at Victoria. The location benefits from 12,000 ADT on Martin Luther King Beltway.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Deland
    County
    Volusia
    State
    Florida
    Longitude
    -81.2581
    Latitude
    29.0559

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    FAQs

    What type of property is this?
    Land - Development site at Beresford Road Extension and Martin Luther King Beltway.
    Where is this land located?
    The property is located at Martin Luther King Jr Bltwy Dr Deland, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - High potential for commercial growth - ideal site for convenience store / fast food; - Located at the newly completed intersection of Beresford Road Extension and Martin Luther King Beltway (MLK); - 2.13± acre development site
    (386) 804-7259
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    Martin Luther King Jr Bltwy Dr Deland, FL 32724
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    Deland, FL 32724
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    Realmo Value Estimation

    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.

    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.

    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
    Martin Luther King Jr Bltwy Dr Deland, FL 32724
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