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Property profile

27 & Waverly Barn/Dunson Rd Davenport, FL 33896

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at the intersection of US Highway 27 and Waverly Barn/Dunson Road in Davenport, Florida (zip code 33896), presents a unique investment opportunity. Boasting high visibility with an impressive 46,000 AADT (average annual daily traffic), this property benefits from its strategic location within a thriving commercial corridor. The area is densely developed, featuring prominent businesses such as Walmart, Amazon, and FedEx distribution and fulfillment centers, alongside numerous retail outlets, residential communities, and tourist accommodations. The site offers convenient access via US 27, Dunson Road, and Ronald Reagan Parkway, and enjoys cross-access with Race Trac. Zoned RACX (Polk County), the land is approved for a diverse range of commercial uses, including retail, office, medical, hotel, and multi-family developments. Nearby retail establishments include Race Trac, Love's Truck Stop, Cracker Barrel, Walgreens, and Circle K, further highlighting the area's strong commercial activity. While the owner prefers a whole-parcel sale, the possibility of subdividing the land is open for consideration. This prime location and versatile zoning make this property ideal for developers seeking a high-impact investment in a rapidly growing area.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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