$8,000,000
$8,500,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
32 Acres Lot
SOLD DATE : 11/03/2023
Key Details
Sold Price $8,000,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Volusia Park 4 19 30
MLS Listing ID V4909441
Sold Date 11/03/23
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $13,138
Lot Size 32.000 Acres
Acres 32.0
Property Description
Located in the City of DeBary's SunRail - Transit Oriented Development Overlay District (TOD) that allows for High Density Residential and Commercial Development this 32 acre parcel has 27 acres in the TOD Area and fronts on US Hwy 17-92 the back 5 acres are separated by Shell Road and are Zoned (Commercials) &I-1 (Industrial) and are not in the TOD area. The new TOD mixed use high density Commercial/Residential Allows lots of flexibility. The City of Debary is offering incentives such as a No PUD Review, Expedited Development Review and Reduced Fees and a willingness to think outside the box. This Parcel Sits just North of the new Sun Rail Train Station on the West side of four lane US Hwy 17-92 with over 1500 lineal feet of Highway frontage. There is a 12 inch water main on the East side of the highway and a 8 inch water main on the west side of the property. Hwy 17-92 has been upgraded to 4 lanes starting at the St Johns River Brindge and continuing through Orange City to the North. Take this opportunity to get in on the ground floor of what promises to be a high demand location. There is Current Due Diligence Material available for a buyer who presents a acceptable contract to the sellers. Items Include Phase 1 & 2 Environmental , Tree Survey, Updated Survey with Topo, Environmental Assessment, Arborist Report Offer needs to be on a Standard FARBAR Vacant land contract with an addenda for special terms.
Location
State FL
County Volusia
Community Volusia Park 4 19 30
Zoning TOD
Exterior
Utilities Available Public, Sewer Nearby, Water Nearby
Building
Lot Description City Limits, Paved
Lot Size Range 20 to less than 50
Sewer Public Sewer
Water Public
Construction Status No Contingency
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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