567 Charles R Beall Blvd DeBary, FL 32713
This exceptional Class A mixed-use retail property, totaling 31,251 square feet, presents a compelling value-add investment opportunity in DeBary, Florida. Located at 567 Charles R Beall Blvd S, 32713, this vacant space is ideally situated in the heart of the new downtown DeBary development, directly on US Hwy 17-92 (31,500 vehicles daily), and within easy reach of I-4 (130,000 vehicles daily), Hwy 417, and I-95. The property benefits from its proximity to the SunRail station and a planned Publix supermarket across the street (opening 2025-2026). This development is designed as a live-work-play destination, featuring 333 planned apartments (creating a significant captive audience), walking and biking trails, and a 2.5-acre lake. The surrounding area boasts hundreds of recently constructed single-family and multifamily homes, and DeBary itself attracts affluent retirees due to its natural beauty and proximity to amenities. The property is zoned for a Transit Oriented Overlay District and offers 219 retail parking spaces as part of a larger 743-space parking plan. The 19.7-acre lot is served by Volusia County water and sewer. The asking price is $4,000,000 ($128/sq ft). This represents a unique chance to capitalize on the burgeoning growth of DeBary and its strategic location within Central Florida. The retail space will be delivered in grey shell condition by Mosaic Development in partnership with NDC Development. A city manager waitlist of 15 potential tenants further underscores the strong demand for this location. The 5-mile radius boasts an average household income of $104,918 and a population of 85,522.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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