1802 Nova RdSouth Daytona, FL 32119

  • Land
  • 1.83 AC
For Sale
$3,250,000 View listing

Property Details for 1802 Nova Rd

Lot size
1.83 AC
Zone code
BR2
Property type
Land
Property subtype
Commercial land
APN
5344-16-00-1260
APU
534416001260

Description

This exceptional 21-acre commercial property, located at the highly visible, lighted intersection of Big Tree Road and Nova Road in South Daytona, Florida (zip code 32119), presents a rare investment opportunity. The property, encompassing three parcels (including the 1.83-acre hard corner lot, and parcels with ID numbers 44153316001500 and 534416001501), boasts a substantial 913,888.8 square foot lot size. Its versatile zoning allows for a mix of mid-density multifamily residential and retail development, making it ideal for a variety of projects. This is one of the last remaining large infill properties in this area, offering significant potential for growth and high returns. The property's location at a well-lit corner ensures excellent visibility and accessibility, making it an attractive site for businesses and residents alike. The asking price for this prime commercial land is $3,250,000. All information is believed to be accurate but is not guaranteed. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,165,866
    Hospitality
    $17,555,830
    Educational
    $14,606,244
    Medical
    $15,108,576
    Retail
    $22,720,824
1802 Nova Rd, South Daytona, Florida

Location Insight

City
South Daytona
County
Volusia
State
Florida
Latitude
29.1652
Longitude
-81.0239
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,555
$254,092
-
$254,092
-
$254,092
-
$254,092

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