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Property profile & analytics
OFF-MARKET
Land

0 Capitalize On This Development Opportunity DeLand, FL 32720

4.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.12-acre commercial land parcel presents a unique development opportunity in DeLand, Florida. Located in Volusia County, the property boasts a highly desirable A-3CA zoning designation, opening doors to a variety of commercial ventures. With 640 feet of frontage, this site enjoys exceptional visibility and accessibility, benefitting from a daily traffic count of 17,690 vehicles. The land is slightly wooded, offering developers flexibility in landscaping and site planning. Its strategic location places it in close proximity to existing retail establishments, creating a synergistic environment for new businesses. Priced at $800,000, this property is situated just outside the city limits of DeLand, offering potential advantages in terms of regulations and development costs. The expansive lot size and prime location make this an ideal site for retail development or a multifamily project, promising significant return on investment. This is a rare chance to capitalize on the growth and potential of DeLand's thriving commercial sector. The property's address is in DeLand, FL, zip code 32720.

Property profile
Verified
Property type Land
Lot 4.12 ac (179,467 SF)
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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