1200 Deltona BlvdDeltona, FL 32725

Property Details for 1200 Deltona Blvd

Year built

1987

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

12.97 AC

Property size (Sq ft)

29,400 SF

Zone code

B

Property type

Community centers

APN

8130-06-00-0020

APU

813006000020

Description

This exceptional 1-acre outparcel presents a remarkable investment opportunity in the thriving Deltona, Florida market. Located at 1200 Deltona Blvd 2, 32725, this property boasts a highly desirable location adjacent to multiple entrances of a busy shopping center, ensuring maximum visibility and accessibility for your business. The land is pad-ready, significantly reducing development time and costs, allowing for a swift and efficient launch of your operation. The site is perfectly suited for fast-food restaurants or other service-oriented retail establishments seeking a high-traffic location. With three distinct entrances to the shopping center, customers will easily find your business. The ground lease offers a compelling annual rate of $60,000 per acre, making this an attractive financial proposition. This is a rare opportunity to secure a prime piece of commercial real estate in a rapidly growing area of Florida. The property is zoned for commercial use and is ready for immediate development. Don't miss this chance to establish your business in a strategic and high-demand location. Contact us today to learn more about this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,708,130

  6.5%

  $5,269,040

  7%

  $4,892,680

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,413,200

  Geo Method

  $3,413,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $10,255,200

  Mixed-Use / Specialty

  $5,258,310

  Hospitality / Lodging

  $3,868,340

  Office

  $5,235,460

  Institutional / Educational

  $5,469,400

  Residential Income

  $6,399,200

  Multifamily

  $7,630,210

  Automotive / Energy

  $4,688,060

  Parking / Income-Based Land

  $1,609,840

  Restaurant / Food Service

  $2,752,080

  Healthcare / Senior Housing

  $5,384,040

Location Insight

City

Deltona

County

Volusia

State

Florida

Latitude

28.8969

Longitude

-81.272

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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