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    1371 Sullivan Rd Davenport, FL 33896

    For Sale
    $1,550,000

    Prime Davenport land, 5+ acres, development potential.

    Property size:
    219,978 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.05-acre vacant land parcel presents a remarkable investment opportunity in the thriving Davenport, Florida area. Located at 1371 Sullivan Road, this raw residential land boasts unparalleled potential for various development projects. The property's expansive size offers ample space for a diverse range of uses, catering to the growing demand for residential properties in this dynamic region. Its strategic location provides convenient access to major transportation arteries, including Interstate 4, the 429 Expressway, US 27, and US 192, ensuring seamless connectivity to surrounding areas. Furthermore, the property enjoys proximity to renowned attractions such as Reunion Resort and ChampionsGate, a world-class public golf facility, adding significant value to its location. The area is experiencing substantial growth, with numerous new residential communities emerging, underscoring the high demand and potential for future appreciation. With its substantial size, prime location, and excellent accessibility, this property represents an exceptional chance to capitalize on the flourishing real estate market in Davenport, Florida. The asking price for this remarkable opportunity is $1,550,000. The total square footage is 219,978 square feet. The property is zoned for residential use.

    Property Features for 1371 Sullivan Rd

    General Information

    Property type
    Land
    Square Feet
    219,978 SF
    Lot Size
    219,978 SF

    HighLights

    • $1,550,000 asking price.
    • 5.05‑acre vacant land parcel.
    • 219,978 square feet.
    • Located at 1371 Sullivan Road, Davenport, FL 33896.
    • Prime location in Davenport, near I‑4, 429 Expressway, US 27, and US 192.
    • Close proximity to Reunion Resort and ChampionsGate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Gym & Fitness Department Store Bar & Pub Storage Facility Garden Center Hotel & Motel Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    12105
    State
    Florida
    Longitude
    -81.57311
    Latitude
    28.268196

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    FAQs

    What type of property is this?
    Land - Prime Davenport land, 5+ acres, development potential.
    Where is this land located?
    The property is located at 1371 Sullivan Rd Davenport, FL.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: $1,550,000 asking price.; 5.05-acre vacant land parcel.; 219,978 square feet.
    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
    1371 Sullivan Rd Davenport, FL 33896
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