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    10th Derbyshire Rd Daytona Beach, FL 32117

    For Sale
    $600,000

    Prime Commercial Land, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 43,995.6 square foot commercial land parcel presents a unique investment opportunity in Daytona Beach, Florida. Located at 10th Derbyshire Road, zip code 32117, this property boasts a strategic location just one block from the LPGA Boulevard, a rapidly developing area experiencing significant commercial growth. The property is currently zoned B-4 (Unincorporated) and is ideally suited for a variety of commercial uses, making it perfect for developers seeking a prime location for their next project. The expansive lot size offers ample space for a substantial development, catering to a wide range of commercial ventures. With its proximity to the LPGA's ongoing development, this land offers exceptional potential for future appreciation and strong returns on investment. The asking price for this remarkable property is $600,000. This is a rare chance to acquire a significant piece of land in a high-growth area with immense potential for future development. The property is classified as Land, Mixed Use, Office, and Retail. Don't miss this opportunity to secure a prime location in a thriving commercial corridor. Act now to capitalize on this exceptional investment opportunity.

    Property Features for 10th Derbyshire Rd

    General Information

    Property type
    Retail properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0643141
    Latitude
    29.232238

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    FAQs

    What type of property is this?
    Retail property - Prime Commercial Land, High Growth Area
    Where is this retail property located?
    The property is located at 10th Derbyshire Rd Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $600,000.
    Request Owner's contact information
    10th Derbyshire Rd Daytona Beach, FL 32117
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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
    10th Derbyshire Rd Daytona Beach, FL 32117
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