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    Spring Garden Ave DeLand, FL 32720

    Sponsored
    For Sale
    $1,000,000

    Prime 5-acre commercial lot in DeLand, FL. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the thriving city of DeLand, Florida. Located at 0 N Spring Garden Ave, Volusia County, zip code 32720 (APN: 700500000122), this property boasts a highly desirable location directly adjacent to the planned Pointe Grand Apartments, ensuring high visibility and accessibility. The asking price is $1,000,000, translating to $200,000 per acre. The property is zoned Cascades PD - FLU Highway Commercial, allowing for commercial development up to 55,000 square feet. Its strategic position just north of the intersection of W Plymouth Ave and N Spring Garden Ave guarantees significant traffic flow, making it ideal for a variety of commercial ventures. This prime location, coupled with the generous lot size and flexible zoning, offers substantial potential for significant return on investment. The property's proximity to residential development further enhances its appeal and ensures a strong potential customer base. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area of DeLand. Don't miss out on this exceptional investment prospect.

    Property Features for 0 Spring Garden Ave

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial parcel on North Spring Garden, Deland, Florida.
    • Highway commercial zoning ideal for high‑traffic businesses.
    • Cascades PD Phase V zoning allows for up to 55,000 square feet of commercial development.
    • Excellent adjacency to the planned Pointe Grand Apartments.
    • Prime location just north of W Plymouth Ave and N Spring Garden intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeLand
    County
    Volusia
    State
    Florida
    Longitude
    -81.3251823
    Latitude
    29.0645056

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial lot in DeLand, FL. High-traffic location.
    Where is this land located?
    The property is located at Spring Garden Ave DeLand, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 5-acre commercial parcel on North Spring Garden, Deland, Florida.; Highway commercial zoning ideal for high-traffic businesses.; Cascades PD Phase V zoning allows for up to 55,000 square feet of commercial development.
    Request Owner's contact information
    Spring Garden Ave DeLand, FL 32720
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    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
    Spring Garden Ave DeLand, FL 32720
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