2743 Lpga BlvdDaytona Beach, FL 32124
- Land
- 1.14 AC
Property Details for 2743 Lpga Blvd
- Lot size
- 1.14 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 5208-08-00-002A
- APU
- 52080800002A
Description
This exceptional 1.14-acre commercial land parcel presents a unique investment opportunity on LPGA Boulevard. Ideally situated across from a Publix-anchored center and the entrance to Latitude Margaritaville, a rapidly expanding master-planned community (currently 25th top-selling nationally, with 3,350 homes under construction and 1,200 already sold). The property benefits from its proximity to the future Avalon Park Daytona development, encompassing 10,000 dwellings, 730,000 square feet of retail, and 270,000 square feet of office space. Additional nearby amenities include a new 750,000 square foot Tanger Outlet Mall and Tomoka Town Center. The site offers excellent accessibility with multiple access points, including two signalized intersections. The parcel will be delivered rough-graded, with utilities extended to the property line and interior access roads, plus ingress/egress points already established. Pad formation is anticipated by May 2023. This thriving location is part of the Greater Daytona area, a dynamic economic center that experienced significant job growth (over 35,000 jobs added between 2010 and 2019), with further expansion projected (1,456 jobs in the coming year). The Florida Department of Transportation is planning a new I-95/LPGA interchange, upgrading the road from four to six lanes, further enhancing accessibility and visibility. This is a rare chance to secure a prime location in a high-growth area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $9,641,515
- Hospitality
- $8,831,576
- Educational
- $7,347,768
- Medical
- $7,600,468
- Retail
- $11,429,860
Location Insight
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Latitude
- 29.2111
- Longitude
- -81.1188
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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