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    5952 Riverside Dr Port Orange, FL 32127

    For Sale
    $950,000

    24,829 sq ft Mixed-Use Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 24,829.2 square foot parcel of land, located at 5952 Riverside Drive in Port Orange, Florida, presents a unique opportunity for mixed-use development. Situated in Volusia County, zip code 32127, this property offers significant potential for both commercial and residential ventures. The expansive lot size allows for a variety of development options, catering to diverse business needs and housing demands. Its strategic location in Port Orange provides easy access to major transportation routes, ensuring convenient connectivity for residents and businesses alike. The property's address is 5952 Riverside Drive, offering excellent visibility and accessibility. With its versatile zoning and ample space, this land is ideal for developers seeking to create a thriving community hub. The asking price for this prime piece of real estate is $950,000. This represents a compelling investment opportunity in a rapidly growing area of Florida. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a significant piece of land in a desirable location with high development potential. The latitude and longitude coordinates are 29.1061378, -80.9691055 respectively.

    Property Features for 5952 Riverside Dr

    General Information

    Property type
    Land

    HighLights

    • $950,000 asking price.
    • 24,829.2 square foot lot.
    • Located at 5952 Riverside Drive, Port Orange, FL 32127.
    • Commercial and residential zoning.
    • Volusia County, Florida.
    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
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.9691055
    Latitude
    29.1061378

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    FAQs

    What type of property is this?
    Land - 24,829 sq ft Mixed-Use Development Site
    Where is this land located?
    The property is located at 5952 Riverside Dr Port Orange, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: $950,000 asking price.; 24,829.2 square foot lot.; Located at 5952 Riverside Drive, Port Orange, FL 32127.
    Request Owner's contact information
    5952 Riverside Dr Port Orange, FL 32127
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    Port Orange, FL 32127
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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
    5952 Riverside Dr Port Orange, FL 32127
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