Property profile

4290 Spruce Creek Rd Port Orange, FL 32127

FOR SALE
Commercial land
Property ID
US18-0198915
988,812 SF
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Property summary

AI-generated overview

Largest Land Parcel east of I95 in Port Orange, FL. 22.70 Acres w 1000 frontage on Spruce Creek Rd. Less than 2 blocks to Dunlawton Ave. Less than .5 miles to Riverwalk, Less than 1 mile to the Atlantic Ocean. Centrally located, $450K median home. Currently zoned w Port Orange at General Commercial. Future Land Use Map shows as PUD. Previously planned and approved for 160 Units. Someone will need to submit a PUD, and have a 120 day 4 month inspection period. Than $20,000 for each additional month, to extend closing date. NOT EXTEND DUE DILIGENCE, BUT CLOSING DATE. $20,000 above and over the asking price. Develop 300 Units Condos, townhouses, apartment building, senior housing, residential, single family houses, mobile home park. PLEASE DONT CONTACT ME IF BUYER IS SUBJECT TO DUE DILIGENCE plus APPROVALS. 120 DAYS DUE DILIGENCE. THAN ESCROW IS NON REFUNDABLE. APPROVALS CAN TAKE YEARS. PLEASE DONT CONTACT ME IF YOU WANT TO FLIP THE CONTRACT. OR ASSIGN TO OTHER BUYERS, BROKERS, FOR A PROFIT, $20,000 Assignment Fee. PLEASE DONT CONTACT ME IF YOU EXPECT MORE THAN A 2% BROKERAGE FEE, I KNOW THE GAME PUT YOUR FEE ON THE CONTRACT. NOT, YOU HAVE TO SIGN A COMMISSION AGREEMENT FOR ME TO PRESENT OFFER. BROKERS PROTECTED

Property profile

Verified
Property type Commercial land
Total area 988,812 SF
UPID US18-0198915

Cap rate & NOI

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

Location

4290 Spruce Creek Rd Port Orange, FL 32127
Port Orange metro
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Value estimations

Realmo proprietary · 4 methods
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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

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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More about this property
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