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    Theresa Davis Dr DeLand, FL 32744

    For Sale
    $279,999

    Prime Volusia County industrial land, near fairgrounds.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4.24-acre parcel presents a unique investment opportunity in DeLand, Florida. Strategically located adjacent to the Volusia County Fairgrounds, this property boasts a prime location with significant frontage on both Theresa Davis Drive and Prevatt Road. The land is zoned for light industrial use, offering a wide range of development possibilities. With 330 feet of frontage on Prevatt Road and 247 feet on Theresa Davis Drive, the property provides excellent accessibility and visibility. The site's depth extends approximately 330 feet, maximizing usable space. The property consists of three parcels (APN: 711702060080, 711702060170, 711702060180) and is offered at $279,999. The land is being sold as fee simple ownership, with no lease options available. While the listed price per square foot is $55,000, this is a land value figure and does not reflect potential building costs. The property is suitable for various uses, including but not limited to light industrial projects. The location near the fairgrounds offers high visibility and potential for synergistic business opportunities. This is a rare opportunity to acquire a sizable, well-located industrial parcel in a growing area of Volusia County. The property is located in Lake Helen, Florida, zip code 32744.

    Property Features for 0 Theresa Davis Dr

    General Information

    Property type
    Farms
    Lot Size
    184,694 SF

    HighLights

    • Prime 4.24‑acre site adjacent to the Volusia Fairgrounds.
    • Light industrial zoning allows for diverse development opportunities.
    • Ideal for various uses including apartments or a shopping center.
    • Offered at $259,999.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeLand
    County
    Volusia
    State
    Florida
    Longitude
    -81.218915656817
    Latitude
    29.014546636727

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    FAQs

    What type of property is this?
    Farm - Prime Volusia County industrial land, near fairgrounds.
    Where is this farm located?
    The property is located at Theresa Davis Dr DeLand, FL.
    What is the asking price?
    The asking price for this property is $279,999.
    What are key features of this property?
    This property features: Prime 4.24-acre site adjacent to the Volusia Fairgrounds.; Light industrial zoning allows for diverse development opportunities.; Ideal for various uses including apartments or a shopping center.
    Request Owner's contact information
    Theresa Davis Dr DeLand, FL 32744
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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
    Theresa Davis Dr DeLand, FL 32744
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