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Property profile & analytics
FOR SALE
Commercial real estate

2124 East Pkwy Deland, FL 32724

Property ID
US18-7544293
Property summary
AI-generated overview

This exceptional 11,251.55 square foot lot, located at 2124 East Parkway in DeLand, Florida (zip code 32724), presents a unique opportunity for commercial or residential development. Situated in Daytona Park Estates, this property boasts significant advantages for immediate construction. The land has already been cleared, saving considerable time and expense in the initial phases of any project. Furthermore, pre-existing architectural plans are in place, streamlining the design and permitting process. A deposit has been secured on the necessary trusses, and a deposit is also in place for a well, ensuring crucial infrastructure elements are well underway. To further expedite the building process, the environmental study has been completed, eliminating a significant hurdle in obtaining the necessary permits. This property is ideally positioned for a swift transition from planning to construction, making it an attractive investment for developers seeking a fast-track project with significant groundwork already completed. The property's location in Volusia County, Florida, offers access to a growing market and convenient access to local amenities. This is a truly turnkey opportunity for those seeking a streamlined path to development. The property is zoned for both commercial and residential use, offering flexibility for a variety of development options.

Property profile
Verified
Property type Commercial real estate
UPID US18-7544293
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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