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    217 Spring Garden Ave DeLand, FL 32720

    Sponsored
    For Sale
    $325,000

    .61-acre development site, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional .61-acre commercial development site is located at 217 N Spring Garden Ave, DeLand, Florida, 32720 (APN: 70083402001). Zoned B-4C (Urban Low Intensity), this property offers significant potential for a variety of commercial ventures. Boasting approximately 280 feet of road frontage on N Spring Garden Avenue, the site benefits from an average daily traffic count of 24,000 vehicles, ensuring high visibility and accessibility. The property is situated in an X flood zone, providing a secure and developable environment. Water and sewer utilities are available, simplifying the development process. The asking price for this strategically positioned land is $325,000. This presents a unique opportunity for investors and developers seeking a prime location in a thriving area. The property's commercial and residential zoning allows for diverse development options, making it an ideal investment for a promising commercial enterprise. This is a rare opportunity to acquire a highly visible and easily accessible site in a desirable location.

    Property Features for 217 Spring Garden Ave

    General Information

    Property type
    Land
    Lot Size
    26,572 SF

    HighLights

    • 0.61‑acre commercial lot at 217 N Spring Garden Ave, DeLand, FL (APN: 70083402001).
    • 280 feet of frontage on N Spring Garden Ave with 24,000 ADT.
    • High visibility and accessibility in an X flood zone.
    Property Profile 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
    DeLand
    County
    Volusia
    State
    Florida
    Longitude
    -81.324298234407
    Latitude
    29.030352428386

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    FAQs

    What type of property is this?
    Land - .61-acre development site, high traffic area.
    Where is this land located?
    The property is located at 217 Spring Garden Ave DeLand, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 0.61-acre commercial lot at 217 N Spring Garden Ave, DeLand, FL (APN: 70083402001).; 280 feet of frontage on N Spring Garden Ave with 24,000 ADT.; High visibility and accessibility in an X flood zone.
    Request Owner's contact information
    217 Spring Garden Ave DeLand, FL 32720
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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
    217 Spring Garden Ave DeLand, FL 32720
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