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    Big John Dr DeLand, FL 32724

    For Sale
    $39,999

    5 Acres, $40K, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 217,800 square foot commercial land parcel presents a unique investment opportunity in the desirable University Highlands area of DeLand, Florida. Located east of Daytona Park Estates, this expansive 5-acre lot is priced aggressively at $39,999, significantly below market value for comparable properties. A key advantage is its location outside of flood zones, a rarity in the area. Currently zoned vacant residential, the property offers considerable flexibility for future development. While not yet possessing direct road access, a dirt road traverses the lot. Please note that lot boundaries are not currently marked. This presents a chance to acquire a substantial land holding at a remarkably low price, ideal for developers or investors seeking significant upside potential. The property's size and strategic location make it an attractive prospect for various commercial ventures. Buyers should be aware that the property is not located within wetlands. The absence of marked boundaries and lack of direct road access should be factored into any development plans. This is a truly exceptional opportunity to acquire a large parcel of land in a growing area at an incredibly competitive price.

    Property Features for 0 Big John Dr

    General Information

    Property type
    Land

    HighLights

    • 5‑acre commercial land parcel (217,800 sq ft) in DeLand, FL's University Highlands area.
    • Aggressively priced at $39,999, significantly below market value.
    • Located outside flood zones.
    • Currently zoned vacant residential, offering development flexibility.
    • Dirt road access; lot boundaries unmarked.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeLand
    County
    Volusia
    State
    Florida
    Longitude
    -81.2332811
    Latitude
    29.0740583

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    FAQs

    What type of property is this?
    Land - 5 Acres, $40K, High Potential
    Where is this land located?
    The property is located at Big John Dr DeLand, FL.
    What is the asking price?
    The asking price for this property is $39,999.
    What are key features of this property?
    This property features: 5-acre commercial land parcel (217,800 sq ft) in DeLand, FL's University Highlands area.; Aggressively priced at $39,999, significantly below market value.; Located outside flood zones.
    Request Owner's contact information
    Big John Dr 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
    Big John Dr DeLand, FL 32724
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