0000 Central Pkwy DeLand, FL 32724
This exceptional 22,250 square foot parcel of land presents a remarkable opportunity for both commercial and residential development. Located in the thriving city of DeLand, Florida, this property boasts a highly desirable double lot configuration situated on a corner, offering significant flexibility. The strategic location at the intersection of Central Parkway and Flamingo provides an impressive 150 feet of road frontage on two sides, maximizing visibility and accessibility. The zoning allows for diverse development options, catering to both commercial ventures and residential construction. The area is experiencing significant growth, with numerous newly constructed homes in the immediate vicinity, indicating a strong and upward-trending market. This presents a unique chance to capitalize on the burgeoning neighborhood and create a substantial return on investment. The expansive lot size provides ample space for a variety of projects, from single-family homes to multi-unit dwellings or commercial buildings. The asking price of $70,000 makes this an exceptionally attractive proposition for discerning investors and developers seeking a prime location in a rapidly developing area of Volusia County, Florida, zip code 32724. The property's potential is undeniable, making it an ideal choice for those seeking a lucrative investment or a prime location to build their dream home.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.