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- LoopNet Team
N Summit Ave
Deland, FL 32724
Land For Sale
·
60.14 AC
INVESTMENT HIGHLIGHTS
- Approved PUD Zoning allows for 480 MF Unit and Commercial Uses
- City of Deland Utilities available nearby at Daytona State College with capacity to serve project
- Deland Multifamily market is underserved. No new market rent apartment projects have been built sense 2008
- Property is highly is highly visible with 1/4 mile of Frontage on I/4 with traffic counts of 77,000
- New Deland I-4 DeLand AutoMall with 11 new dealerships on 50 acres projected to create 1,500 new jobs
- Located Adjacent to Daytona State College serving over 5,200 students each year with Science and Healthcare training facilities
PROPERTY FACTS
DESCRIPTION
This Parcel is the perfect site for DeLand's next Apartment Development. The DeLand Market has almost no vacancy and rents continue to rise. This site has zoning, utilities, and high visibility from I-4 with ¼ mile of frontage. It is located just 1.5 miles from the Interchange of I-4 and SR 44 with access from Summit Ave. The property abuts The Daytona State College DeLand Campus with a full service library and Learning Resource Center serving approximately 5,200 students each year. The Bert Fish Building houses up-to-date facilities for dental hygiene, nursing, and science labs. The proposed DeLand Auto Mall is slated to include 11 dealerships with ancillary retail and restaurant. This project is projected to generate 1,500 new jobs and is located just 1.5 miles from the site.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $5,626,142 | Total Assessment | $5,626,142 |
PROPERTY TAXES
