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555 N Spring Garden Ave - Prime Multi-Family Development Opportunity 9.17 Acres of Commercial Land Offered at $3,071,024 CAD in Deland, FL 32720
INVESTMENT HIGHLIGHTS
- Proximity to Hospital [part of the Adventist Health System]
- Rare opportunity in City of DeLand
- Utilities Available
- Walking Distance to Restaurants
- Seller indicates City of DeLand previously agreed to 116 unit density on Site
EXECUTIVE SUMMARY
Multi-Family Development Opportunity- Located within walking distance of Brians Barbeque and minutes by car from Adventist Hospital, Doctors Offices, Winn Dixie Grocery Store and oh yes the Big Rig 2 Dinner. This 9+ acre parcel has access on S. Spring Garden Ave yet is tucked back off the road Approx 300 Ft. with a quiet neighborhood atmosphere, the property also accesses Boundary Ave. The seller indicated the City of Deland approved a site plan in the past that allowed 116 units on the property. That makes this a great investment/opportunity, as well as a great place for apartments or Condos, don’t wait too long or someone else will be building on it.
PROPERTY FACTS
| Price | $3,071,024 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 9.17 AC |
| Property Type | Land | ||
| Zoning | 05R-16 & C-2 | ||
| Price | $3,071,024 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 9.17 AC |
| Zoning | 05R-16 & C-2 |
1 LOT AVAILABLE
Lot 0040
| Price | $3,071,024 CAD | Lot Size | 9.17 AC |
| Price Per AC | $334,899.03 CAD |
| Price | $3,071,024 CAD |
| Price Per AC | $334,899.03 CAD |
| Lot Size | 9.17 AC |
North-West Quadrant of DeLand, FL. Access to both N Spring Garden and N Boundary Ave. This lot is heavily wooded leaving room for tree selection during the development process.
DESCRIPTION
N Spring Garden is a busy highway interchange in DeLand. This is an extremely rare opportunity to find so much land for sale within such a close proximity to Historic Downtown DeLand. The DeLand Hospital (part of the Adventist Health System) is also close nearby and restaurants are in walking distance. There are also utilities available at the property.
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555 N Spring Garden Ave - Prime Multi-Family Development Opportunity
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