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    796 Blue Lake Ave DeLand, FL 32724

    • Commercial real estate
    For Sale
    View listing
    $39,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-5130987
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 796 Blue Lake Ave

    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity in Deland, Florida, presents two combined lots totaling 0.484 acres for the price of one. The property consists of two parcels: Lot 1, encompassing 0.164 acres, fronts South Blue Lake Avenue; and Lot 2, totaling 0.32 acres, is almost directly adjacent to Lot 1, accessible via a high-powerline easement. Both lots are zoned R-3, allowing for the construction of a home with a minimum square footage of 1,000 square feet. This location offers a blend of established development and natural surroundings, creating both immediate and long-term potential. The property is conveniently located approximately 20 minutes from Daytona Beach. The asking price is $39,000, and owner financing is available, making this an attractive proposition for investors and prospective homeowners seeking a prime location in Volusia County, Florida, with the zip code 32724. The property's coordinates are 29.0418309 latitude and -81.2769563 longitude.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    DeLand
    County
    Volusia
    State
    Florida
    Longitude
    -81.2769563
    Latitude
    29.0418309

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      Versatile property suitable for office or residential use.
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    796 Blue Lake Ave
    DeLand, FL 32724
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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
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