Listing Agency: Swann Real Estate

Listed By: J. Todd Swann, CCIM · License #FL Show Phone

Source: Crexi

Added: Jun 8, 2023 Changed: Sep 8 Last Checked: Sep 9 at 8:05AM

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Investment Insights

Based on property information with market context.

This property presents a multi-family development opportunity. Situated within city limits, the lot is primarily zoned R-16, designated for Multiple Family Dwelling District. A small portion of the property is zoned C-2, which is for General Commercial use. The seller indicates that the City of Deland previously agreed to a density of 116 units on the site.

Key Highlights

• Zoned R‑16 allowing for multi‑family development.
• City of Deland previously agreed to 116 unit density on site.
• Located within city limits.

Property Analytics

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Current Use

Land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Cafe & Coffee Shop Carpet & Flooring Store HVAC Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

818

Businesses Nearby

Explore this area Business Placement

Demographics for 32724, FL

40,559

Population

18,555

Households

2.2

Avg Household Size

45

Median Age

31%

College-Educated

92%

High-School Grad

83.8 sq mi

ZIP Area

484

Density / Sq Mi

$72,729

Median Household Income

$41,204

Median Earnings

$1,184

Median Rent

$283,100

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Multi-family development opportunity located within city limits.

Where is this land located?

The property is located at 555 N Spring Garden Deland, FL.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: Zoned R‑16 allowing for multi‑family development.; City of Deland previously agreed to 116 unit density on site.; Located within city limits.