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290 S Charles R Beall Blvd - 3.5 Acres, Vacant Land, Retail Property

3.5 Acres of Commercial Land Offered at £1,319,293 in Debary, FL 32713

Executive Summary

This site is 3.5 acres +/- of vacant, rectangular shaped land with right to off-site retention. Assuming surface retention requires 20% of a land site, having off-site retention rights increases the effective land size by 20%, therefore, effectively making this land site 4.375 acres +/- in size.
Access apparent planned full median cut on the south side of our site and a center lane bi-directional left turn lane, already instituted (for north and south bound traffic to turn left to enter either side of the roadway), all along the roadway fronting the site. Dependent upon the development, traffic study, etc, acquiring a traffic signal at the southern full median cut access point for the property is a possibility. A mast arm or strain pole signal are possible requirements.
Utilities: a 12" water main runs along the northern property boundary. At least 4 gravity sewer manholes are positioned near the parcel. See the flyer, page 4, showing these manhole locations, proximity to the parcel.
The subject property is zoned B-2, City of Debary, which promotes a solid basic retail class of permitted uses (see table of uses within the flyer). The property fronts busy US Hwy 1792/Charles R Beall Blvd (over 24,000 vehicles per day traffic count), with nearly 2 football fields of frontage length.
About 300 yards +/- to the south of this site, at the intersection of US Hwy 1792/Charles R Beall Blvd and Dirksen Dr, a new K-8, Volusia County School site is under consideration. If so developed, the traffic and economic effects to immediate area commercial sites could be meaningful.
The property enjoys close proximity to I-4, which is about 2.5 linear miles away, with full north and south bound on and off ramp access. I-4 allows easy access to I-95 to the north (Daytona Beach, Jacksonville, etc) or I-4 southbound readily leads to Orlando and all of central and the rest of South Florida.

Property Facts

Price £1,319,293
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 3.50 AC

1 Lot Available

Lot

Price £1,319,293
Price Per AC £376,941
Lot Size 3.50 AC

3.5 acres vacant land, having rights to offsite retention, rectangular shape, with 565 FT +/- of US Hwy 1792/Charles R Beall Blvd frontage, with full median cut access on its south & a left in turning lane running along the entire roadway frontage.

Description

3.5 ac +/- vacant land (effectively 4.375 ac +/- if factoring off site retention rights) site along a busy commuter corridor (US Highway 17-92) in a growing area of southwest Volusia County. Very convenient for Orlando or Daytona etc commuters. Sunrail has a station very near this site. A new K-8 Volusia County School is being considered, 300 yards to the south of the subject property. The site is 2.5 miles +/- from a full access on and off ramp (East or West Bound) to I-4. This full service on and off ramp is the first exit for northbound traffic just leaving Seminole County entering Volusia County after crossing the St Johns River or vice versa, for traffic leaving Volusia County to travel into Seminole County/Orlando. The effective asking price = $381,707 per acre or $1,669,970 (based upon the estimated effective land size equaling 4.375 ac +/- given off site retention rights for the 3.5 ac vacant land site)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9003-02-00-0003
Land Assessment
£360,873
Improvements Assessment
£0
Total Assessment
£360,873

zoning

Zoning Code B-2 (Business Commercial)
B-2 (Business Commercial)
  • Listing ID: 33487974

  • Date on Market: 11/10/2024

  • Last Updated:

  • Address: 290 S Charles R Beall Blvd, Debary, FL 32713

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