4629 Clyde Morris Blvd Port Orange, FL 32129
- Drive through restaurants
- 1,563 SF
- 2.00 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 4629 Clyde Morris Blvd
- Year built
- 1999
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.00 lot acres
- Property size
- 1,563 SF
- Property type
- Drive through restaurants
- APN
- 6308-27-00-0020
- APU
- 630827000020
Description
This exceptional 3.39-acre commercial land parcel presents a remarkable investment opportunity in Port Orange, Florida. Strategically located at the high-visibility intersection of Clyde Morris Boulevard and Wellfield Road, this property boasts 450 feet of frontage on Clyde Morris Boulevard and 100 feet on Wellfield Road. A shared driveway provides convenient access to Herbert Street, ensuring excellent ingress and egress. The property is zoned CGC2, allowing for a diverse range of development options, including high-rise buildings, office towers, mini-storage facilities, retail spaces, assisted living facilities (ALF), and apartments. The land is offered at $1,498,999, representing a price per acre of $400,000. The parcel features a single curb cut and a 450-foot shared driveway. Owner financing is available with a 30% down payment. The property's APN is 630827000010. This fee-simple ownership offers significant potential for substantial returns. The property is being sold as-is. Parking is estimated at 50 spaces per 1,000 square feet. This prime location offers unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable commercial property in a thriving Florida market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $930,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,250,000
- 6.5%
- $1,140,000
- 7%
- $1,085,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,065,000
- Geo Method
- $1,315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,150,000
- Retail
- $1,075,000
- Mixed-Use
- $1,230,000
- Hospitality
- $1,140,000
- Educational
- $1,035,000
- Residential Income
- $1,330,000
- Energy
- $1,030,000
- Income-Based Land
- $1,165,000
- Food Service
- $1,050,000
Location Insight
- Map
- Local Demand
- City
- Port Orange
- County
- Volusia
- State
- Florida
- Longitude
- -81.0256
- Latitude
- 29.1303
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
