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    East Pkwy DeLand, FL 32724

    Sponsored
    For Sale
    Contact for pricing

    ¼ Acre Commercial Lot, $27,500

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 11,251.55 square foot commercial lot presents a remarkable investment opportunity in the thriving city of DeLand, Florida. Located at 0 East Parkway, zip code 32724, this property offers a prime location within a rapidly developing neighborhood. The area is experiencing significant growth, with residential home sales consistently reaching the mid-to-high $300,000 range, indicating strong market demand and potential for high returns. This ¼ acre parcel is ideal for a variety of commercial ventures, providing ample space for development. A recent survey is readily available for review, ensuring a smooth and efficient transaction process. The property's address is precisely 0 East Parkway, DeLand, Volusia County, Florida, 32724. Its convenient location and the surrounding area's robust growth make this a highly attractive investment prospect for discerning buyers seeking a foothold in a dynamic market. The asking price for this exceptional commercial lot is $27,500. Don't miss this chance to acquire a piece of DeLand's burgeoning commercial landscape. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 0 East Pkwy

    General Information

    Property type
    Land

    HighLights

    • $27,500 asking price for commercial land.
    • 11,251.55 square foot lot.
    • Located in DeLand, Florida, zip code 32724.
    • ¼ acre commercial lot in a developing neighborhood with homes selling in the $300,000s.
    • Recent survey available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeLand
    County
    Volusia
    State
    Florida
    Longitude
    -81.2448325
    Latitude
    29.0527162

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    FAQs

    What type of property is this?
    Land - ¼ Acre Commercial Lot, $27,500
    Where is this land located?
    The property is located at East Pkwy DeLand, FL.
    What is the asking price?
    The asking price for this property is $27,500.
    What are key features of this property?
    This property features: $27,500 asking price for commercial land.; 11,251.55 square foot lot.; Located in DeLand, Florida, zip code 32724.
    Request Owner's contact information
    East Pkwy 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
    East Pkwy DeLand, FL 32724
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