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    410 Lionel Way Davenport, FL 33837

    For Sale
    Contact for pricing

    8.01 Acres, 240+ Units, I-4 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 8.01-acre site in Davenport, Florida, presents a prime multifamily development opportunity. Located at 410 Lionel Way, Polk County (APN 27-26-31-70-9002-000-111), this property boasts convenient access to I-4, providing easy commutes to Orlando's major attractions and employers, including Disney World, Universal Studios, and SeaWorld. The site is currently approved for a 240-unit multifamily development, with potential expansion to 285 units utilizing an additional 1.5 acres. Furthermore, up to 15,400 square feet of professional office space is permissible. Situated in a rapidly growing area of northeast Polk County, the property is within walking distance of AdventHealth, a 200-bed hospital with expansion plans, and surrounded by thriving commercial and residential developments. Davenport's population has more than tripled since 2010, reflecting the area's robust growth trajectory. This location offers unparalleled access to major roadways, employment centers, and recreational amenities, making it an ideal investment for high-density residential development. The property's strategic location and development approvals make it a compelling investment opportunity in a high-growth market. The zip code is 33837.

    Property Features for 410 Lionel Way

    General Information

    Property type
    Multifamily properties
    Lot Size
    348,916 SF

    HighLights

    • 8.01‑acre site approved for development.
    • High‑density multifamily development approved for 240 units.
    • 15,400 square feet of allowable professional office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HOF Surgery Center Hospital AdventHealth Medical Group ... Hospital Tutu Cheng, MD Plastic Surgeon Amber Shepard, MD Family Practice Physician Donald H. Youmans, ... Sports Medicine Physician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Polk
    State
    Florida
    Longitude
    -81.6417372
    Latitude
    28.1789096

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    FAQs

    What type of property is this?
    Multifamily property - 8.01 Acres, 240+ Units, I-4 Access
    Where is this multifamily property located?
    The property is located at 410 Lionel Way Davenport, FL.
    What are key features of this property?
    This property features: 8.01-acre site approved for development.; High-density multifamily development approved for 240 units.; 15,400 square feet of allowable professional office space.
    Request Owner's contact information
    410 Lionel Way 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
    410 Lionel Way Davenport, FL 33837
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