This exceptional 45-acre parcel in DeLand, Florida, presents a unique opportunity for a mixed-use development. Located at the eastern gateway to DeLand, at the highly visible intersection of US 92 and West Parkway, this property boasts nearly 4,000 feet of frontage on US 92, ensuring maximum exposure. The site is conceptually planned for a vibrant community including over 300 garden-style apartments, 120,000 square feet of multi-story storage facilities, and a car wash. Its strategic location offers easy access to Deland Municipal Airport, Downtown DeLand, Stetson University, and major highways I-4 and I-95, making it an ideal location for a commuter and student-focused project. The property is zoned B-4/MH-4, and a Planned Unit Development (PUD) rezoning through Volusia County will be required. Utility capacity is available through the City of Deland, and the site is situated in Flood Zone X. Detailed plans, surveys, and reports are available upon request. The asking price is $4,000,000. Parcel ID: 6025-0000-0030. This is a chance to create a landmark development at the eastern entrance to DeLand.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$390,004,480
Hospitality
$357,242,016
Educational
$297,221,152
Medical
$307,443,040
Retail
$462,344,032
Location Insight
City
Deland
County
Volusia
State
Florida
Latitude
29.0723
Longitude
-81.2533
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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