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Property profile & analytics
OFF-MARKET
Land

0 Stone St DeLand, FL 32720

Property ID
Property summary
AI-generated overview

This exceptional 7,405.2 square foot lot presents a unique investment opportunity in the vibrant city of DeLand, Florida. Zoned for both commercial and residential use, this versatile property offers significant potential for a variety of development projects. Located on North Stone Street and West Pennsylvania Avenue, the lot boasts convenient access to downtown DeLand and the prestigious Stetson University. The 50x146 foot parcel features paved road frontage, ensuring easy accessibility and visibility. City water is readily available, and electricity connections are conveniently located nearby. The property's strategic location places it within close proximity to a wealth of amenities, including shopping centers, diverse restaurants, hospitals, and medical clinics, making it an attractive proposition for both residential and commercial ventures. The asking price of $55,000 represents a compelling entry point into the DeLand real estate market, offering significant upside potential for discerning investors. The property's dual zoning and prime location make it an ideal candidate for a range of development possibilities, from mixed-use projects to single-family homes. This is a rare opportunity to acquire a well-situated lot in a thriving Florida community. The 32720 zip code offers a desirable location within Volusia County.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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