217 N Spring Garden Ave Deland, FL 32720
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Deland, FLDeland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.