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    471 Spring Garden Ave DeLand, FL 32720

    For Sale
    $450,000

    .74-acre cleared lot, utilities available. High traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional .74-acre commercial land parcel, located at 471 S. Spring Garden Ave. in DeLand, Florida (zip code 32720), presents a compelling investment opportunity. Priced at $450,000, this property boasts a sizable 32,088 square foot lot, already cleared and ready for development. Utilities are conveniently in place, simplifying the construction process. The site offers significant street frontage, with 169 feet along S. Spring Garden Avenue and a depth of 270 feet, providing multiple access points from both S. Spring Garden Ave. and S. Dexter Ave. S. Spring Garden Ave. experiences high daily traffic volume, with approximately 28,500 cars passing by, creating excellent visibility and potential for a wide range of commercial uses. This location is ideal for owner-users, developers seeking a prime location, or investors looking for a strong return. The seller is also open to considering ground lease proposals. This property's strategic location and readily available infrastructure make it an attractive proposition for immediate development or long-term investment. The property is zoned for Commercial, Industrial, and Residential uses.

    Property Features for 471 Spring Garden Ave

    General Information

    Property type
    Land

    HighLights

    • $450,000 asking price.
    • .74‑acre commercial land parcel in DeLand, Florida.
    • 32,088 square foot lot size.
    • 169 feet of frontage on S. Spring Garden Ave. and 270 feet deep.
    • Utilities in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    DeLand
    County
    Volusia
    State
    Florida
    Longitude
    -81.3234646
    Latitude
    29.0214092

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    FAQs

    What type of property is this?
    Land - .74-acre cleared lot, utilities available. High traffic area.
    Where is this land located?
    The property is located at 471 Spring Garden Ave DeLand, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price.; .74-acre commercial land parcel in DeLand, Florida.; 32,088 square foot lot size.
    Request Owner's contact information
    471 Spring Garden Ave DeLand, FL 32720
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    DeLand, FL 32720
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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
    471 Spring Garden Ave DeLand, FL 32720
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