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Location, Location, Location!
Take International Speedway Blvd westbound until it dead ends into N. Spring Garden Ave in DeLand, and you’ve arrived at a PRIME COMMERCIAL location. This exceptional property, totaling 4. 12 acres across five contiguous parcels (Parcel Numbers 700600000020, 700600000030, 700600000040, 700600000050, and 700600000060), sits at one of the most highly trafficked intersections in the area, offering unparalleled visibility and accessibility.
Whether you envision a retail plaza, shopping center, or mixed-use commercial complex, this property offers limitless potential for investors and developers looking to capitalize on DeLand’s dynamic growth. The site is strategically positioned at the gateway to the city, making it the perfect location to capture both local and visitor traffic.
Adjacent to this assemblage is an additional 1. 92-acre parcel (Parcel #700600000092), listed separately for $1, 200, 000, offering the unique opportunity to expand the development footprint to over 6 acres if purchased together. This combined space would be ideal for a large-scale commercial development designed to meet the growing needs of the DeLand community and the surrounding area.
DeLand’s commercial real estate market remains strong, with continued growth in both residential and business sectors. As the city evolves, demand for commercial amenities continues to rise, making this property a rare and valuable opportunity. With pricing set at $400, 000 per acre, this location is competitively priced to attract savvy investors seeking high visibility, easy access, and substantial development potential.
Don’t miss your chance to secure one of the most sought-after commercial sites in Volusia County. Contact us today for more information and to schedule a private tour.
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Our Executive Mortgage Banker:
Our Insurance Division:
$736,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $588,800 | $588,800 | $588,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $89 | $89 | $89 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,625 | $3,868 | $4,889 |
Total Monthly Payment | $3,806 | $4,049 | $5,070 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.