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    Graves Ave Orange City, FL 32763

    Sponsored
    For Sale
    $1,200,000

    2.5-Acre Mixed-Use Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-acre commercial land parcel in Orange City, Florida, presents a remarkable investment opportunity. Boasting 108,900 square feet, the property is zoned Mixed Use, offering unparalleled flexibility for diverse development projects. Its strategic location provides significant advantages. The site enjoys approximately 570 feet of frontage on Veteran's Memorial Highway, ensuring high visibility and accessibility. Convenient rear access is also available via Bonnie Lane off East Graves Avenue. The property's prime location benefits from proximity to key infrastructure and amenities. The I-4 Interchange is less than half a mile away, providing easy access to major transportation routes. An Amazon Fulfillment Center is just one mile away, and Halifax Health UF is a short two-mile drive. Furthermore, the property's advantageous position is enhanced by its adjacency to an established mobile home community with over 100 lots and a new 170-unit residential development currently under construction across Veteran's Memorial Highway. This rapidly developing area offers significant growth potential, making this a truly exceptional investment opportunity. The asking price is $1,200,000. Don't miss this chance to secure a prime piece of commercial real estate in a thriving Florida community. The property is located at 0 E Graves Avenue, Orange City, FL 32763.

    Property Features for 0 Graves Ave

    General Information

    Property type
    Land

    HighLights

    • $1,200,000 asking price.
    • 2.5‑acre commercial land parcel.
    • 108,900 square feet lot size.
    • Mixed‑use zoning.
    • 570 feet of road frontage on Veteran's Memorial Highway.
    • Excellent location near I‑4, Amazon Fulfillment Center, and Halifax Health UF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Orange City
    County
    Volusia
    State
    Florida
    Longitude
    -81.274145
    Latitude
    28.9486473

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    FAQs

    What type of property is this?
    Land - 2.5-Acre Mixed-Use Lot, High Visibility
    Where is this land located?
    The property is located at Graves Ave Orange City, 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: $1,200,000 asking price.; 2.5-acre commercial land parcel.; 108,900 square feet lot size.
    Request Owner's contact information
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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
    Graves Ave Orange City, FL 32763
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