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Property profile

0 Ronald Reagan Pkwy Davenport, FL 33896

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.92-acre parcel, located in Davenport, Florida, presents a remarkable investment opportunity in the thriving Central Florida market. Situated on Ronald Reagan Parkway in Polk County (zip code 33896), this property boasts convenient access to major thoroughfares, including Interstate 4, placing it within a 15-minute radius of Disney World. The site's RMX zoning allows for high-density development, with a potential of up to 20 dwelling units per acre and a building height of up to 50 feet. Utilities are readily available adjacent to the property, simplifying the development process. The location offers significant advantages, being minutes away from a variety of shopping, dining, and world-class attractions. The entire site encompasses over 58 acres, offering potential waterfront views. Detailed development review documents are available upon request. This property is priced at $799,000 and represents a significant opportunity for developers seeking a prime location with high development potential in a rapidly growing area. The lot size is 58,340 square feet, providing ample space for a substantial multi-family development. The property's frontage on the four-lane Ronald Reagan Parkway ensures excellent visibility and accessibility.

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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