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Property profile & analytics
FOR SALE
Manufacturing properties

217 N Spring Garden Ave Deland, FL 32720

2,058 SF 0.62 ac lot Built 1925
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US18-2792503
Property summary
AI-generated overview

This exceptional .61-acre commercial development site is located at 217 N Spring Garden Ave, DeLand, Florida, 32720 (APN: 70083402001). Zoned B-4C (Urban Low Intensity), this property offers significant potential for a variety of commercial ventures. Boasting approximately 280 feet of road frontage on N Spring Garden Avenue, the site benefits from an average daily traffic count of 24,000 vehicles, ensuring high visibility and accessibility. The property is situated in an X flood zone, providing a secure and developable environment. Water and sewer utilities are available, simplifying the development process. The asking price for this strategically positioned land is $325,000. This presents a unique opportunity for investors and developers seeking a prime location in a thriving area. The property's commercial and residential zoning allows for diverse development options, making it an ideal investment for a promising commercial enterprise. This is a rare opportunity to acquire a highly visible and easily accessible site in a desirable location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1925
Construction WOOD
Total area 2,058 SF
Lot 0.62 ac (26,816 SF)
Zoning code B4
APN 7008-34-02-0010
UPID US18-2792503
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Deland Property Associates LLC · 14 yrs held
Deland Property Associates LLC
since 2011
1 recorded transaction
2011
$800
Zoning & alternative use
B4 · Deland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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