X Lot St DeLand, FL 32724
- Land
Current Use by Public Records
- Land
Property Details for 0 X Lot St
- Property type
- Land
Description
This exceptional 5-acre commercial land parcel, located at x Lot Street in DeLand, Florida (zip code 32724), presents a remarkable investment opportunity. The property boasts a substantial 217,800 square feet of undeveloped land, ideal for future development projects. Situated within the University Highlands subdivision, this site offers a unique chance to capitalize on the area's growth potential. The land is currently vacant and untouched, providing a clean slate for ambitious ventures. Importantly, this property is considered virgin land, meaning it's free from existing structures or improvements. This eliminates the complexities and costs often associated with redevelopment. However, prospective buyers should note that there are currently no easements or access roads established on the property. This aspect requires careful consideration during the due diligence phase and planning for future development. The asking price for this expansive commercial lot is $64,900. Its location in Volusia County, Florida, offers access to a growing community and potential for significant returns on investment. Detailed surveys and site assessments are recommended to fully understand the development potential and associated costs.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- DeLand
- County
- Volusia
- State
- Florida
- Longitude
- -81.2299
- Latitude
- 29.0613