1251 Plymouth AveDeLand, FL 32720
- Land
- 2,124 SF
Property Details for 1251 Plymouth Ave
- Year built
- 1972
- Lot size
- 2.29 AC
- Property size (Sq ft)
- 2,124 SF
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 7006-00-00-0400
- APU
- 700600000400
Description
This exceptional 2.3-acre commercial parcel, located at 1251 W Plymouth Ave in DeLand, Florida (zip code 32720), presents a unique investment opportunity. Situated in Volusia County, this property boasts a prime location just west of Spring Garden Road, adjacent to established residential communities: Hunters Creek (192 apartments) and Lexington Club at Hunters Creek (214 elderly apartments). Its proximity to Florida Hospital Deland (just over half a mile away) further enhances its appeal. The land is zoned to allow for up to 16 multifamily units per acre, offering significant development potential for a variety of uses including multifamily, office, retail, or a combination thereof. The asking price for this strategically located property is $720,000. This presents a compelling opportunity for investors seeking high-growth potential in a thriving Florida market. The property's size and zoning regulations provide considerable flexibility for developers seeking to create a profitable and impactful project. Broker co-op is available.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $413,834
- Hospitality
- $379,070
- Educational
- $315,382
- Medical
- $326,228
- Retail
- $490,594
Location Insight
- City
- Deland
- County
- Volusia
- State
- Florida
- Latitude
- 29.0429
- Longitude
- -81.3283
- 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
FAQs
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