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    Reed Canal Rd South Daytona, FL 32129

    Sponsored
    For Sale
    Contact for pricing

    8.76 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.76-acre parcel presents a unique investment opportunity in Port Orange, Volusia County, Florida. Strategically located at the high-traffic intersection of Reed Canal Road and South Nova Road, this property boasts approximately 1,170 feet of frontage along Reed Canal Road. Its prime location offers unparalleled visibility and accessibility. The land is situated adjacent to Atlantic High School, providing a strong demographic advantage, and directly across the street from a substantial 288-unit apartment complex, ensuring a large, established residential population nearby. This commercial and industrial zoned land offers convenient access to major transportation arteries, including Interstate 4 and Interstate 95, facilitating seamless connectivity throughout the region. The property's APN is 5332-00-00-0020 and is currently owned by the City of Port Orange. The zoning status is currently unpermitted. This significant acreage presents a compelling opportunity for developers and investors seeking a high-visibility location with strong potential for a variety of commercial or industrial uses. The property's proximity to residential areas, schools, and major highways makes it an ideal site for a wide range of projects. Serious inquiries are encouraged. The address is Reed Canal Rd, Port Orange, FL 32129.

    Property Features for 0 Reed Canal Rd

    General Information

    Property type
    Land
    Lot Size
    381,586 SF

    HighLights

    • 8.76± acre commercial/industrial land parcel in Port Orange, Volusia County, Florida.
    • High‑traffic corner lot at Reed Canal Road and South Nova Road.
    • 1,170± feet of frontage along Reed Canal Road.
    • Adjacent to Atlantic High School.
    • Across from a 288‑unit apartment complex.
    • Convenient access to I‑4 and I‑95.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    South Daytona
    County
    Volusia
    State
    Florida
    Longitude
    -81.02279
    Latitude
    29.15137

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    FAQs

    What type of property is this?
    Land - 8.76 Acres, Prime Location
    Where is this land located?
    The property is located at Reed Canal Rd South Daytona, FL.
    What are key features of this property?
    This property features: 8.76± acre commercial/industrial land parcel in Port Orange, Volusia County, Florida.; High-traffic corner lot at Reed Canal Road and South Nova Road.; 1,170± feet of frontage along Reed Canal Road.
    Request Owner's contact information
    Reed Canal Rd South Daytona, FL 32129
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    South Daytona, FL 32129
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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
    Reed Canal Rd South Daytona, FL 32129
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