0 Tech Park Way DeLand, FL 32724
This 2.5-acre parcel in DeLand, Florida, offers a unique investment opportunity. Located in Volusia County, with APN 711701060060, this property is zoned for Light Industrial and General Commercial use, providing flexibility for a variety of businesses. The asking price is $49,999, translating to $20,000 per acre. Situated less than a block from the I-4 and SR 44 interchange, this prime location boasts excellent accessibility and visibility. The lot, measuring approximately 330x330 feet, is conveniently located near an industrial park, accessible via Tech Park Way. Permitted uses under the I1 zoning include automotive and semi-truck repair, auto storage, office space, outdoor storage, warehousing, and manufacturing. The property is offered as a fee simple ownership with no lease options available. Parking for approximately 30 vehicles is possible. This is a rare opportunity to acquire a versatile commercial and industrial land parcel in a high-traffic area near the Volusia Fairgrounds. The property is for sale by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.