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Property profile

1600 Reed Canal Rd Port Orange, FL 32129

OFF-MARKET
Mixed-use properties
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Property summary

AI-generated overview

This exceptional 91,040.4 square foot commercial property located at 1600 Reed Canal Road, Port Orange, Florida 32129, presents a rare opportunity. Situated in Volusia County, this mixed-use land boasts stunning lakefront views, a highly desirable feature in this area. The property consists of twenty individual parcels, each measuring 20 feet in width, offering significant flexibility for development. Buyers have the option to subdivide the land further to suit their specific needs and project vision. This site is one of the few remaining commercial lakefront lots available in Port Orange, making it a truly unique investment prospect. Detailed information regarding permitted uses and potential development challenges is available upon request. The asking price for this remarkable property is $595,000. Given its size, location, and potential, this is an exceptional opportunity for investors and developers seeking a prime commercial location in Port Orange. The property's latitude and longitude coordinates are 29.1502628, -81.0350807 respectively.

Property profile

Verified
Property type Mixed-use properties

Cap rate & NOI

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

Location

1600 Reed Canal Rd Port Orange, FL 32129
Port Orange metro
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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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