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    403 North Blvd Davenport, FL 33837

    For Sale
    $299,000

    3.4+ acre commercial lot, Lake Davenport frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 148,539.6 square foot commercial land parcel presents a unique opportunity in Davenport, Florida. Situated on the shores of Lake Davenport, this 3.4+ acre property boasts over 230 feet of desirable lake frontage. Imagine the possibilities for development on this expansive lot, perfectly positioned to capitalize on the area's growth. The property is further enhanced by significant infrastructure improvements already in place, including impact fees already paid, an existing septic tank, and new waterlines recently installed by the City of Davenport. This turnkey offering eliminates many of the typical upfront costs associated with land development, allowing for a smoother and more efficient building process. The location offers breathtaking lake views and a tranquil setting, while remaining conveniently located within the thriving community of Davenport. This is a rare chance to acquire a substantial lakefront commercial property with significant pre-development advantages. Don't miss this exceptional opportunity to build your dream project in a prime location. The asking price for this remarkable property is $299,000.

    Property Features for 403 North Blvd

    General Information

    Property type
    Land

    HighLights

    • $299,000 asking price.
    • 148,539.6 sq ft lot size.
    • 3.4+/- acre lakefront property on Lake Davenport with over 230 ft of frontage.
    • Impact fees paid, septic tank in place, and new city waterlines installed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Polk
    State
    Florida
    Longitude
    -81.6212036
    Latitude
    28.164827

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    FAQs

    What type of property is this?
    Land - 3.4+ acre commercial lot, Lake Davenport frontage.
    Where is this land located?
    The property is located at 403 North Blvd Davenport, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: $299,000 asking price.; 148,539.6 sq ft lot size.; 3.4+/- acre lakefront property on Lake Davenport with over 230 ft of frontage.
    Request Owner's contact information
    403 North Blvd Davenport, FL 33837
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    Davenport, FL 33837
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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
    403 North Blvd Davenport, FL 33837
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