3-5 Acres ALF/Multi-Family/Office

Vacant Land for Sale
Catylist Listing ID: 30083640
Property Subtypes: Industrial, Multi-Family, Office, Other
Gross Land Area: 3.55 Acres
Sale Price: $815,000
Unit Price: $229,577 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

3.55 Acres in the heart of Port Orange. Sitting at the intersection of Spruce Creek and Powers, the properties currently have single family homes. The properties may also be combined with 633 Powers which will add 1.21 acres. The property is now in the Town Center District Economic Incentive Program with the City of Port Orange. This program incentivizes development through revenue sharing and tax abatement.

The zoning is Neighborhood Preservation, allowing for "Urban High Density Residential(8-16 units per acre). There are 200 feet of frontage on Powers and 380 feet of Spruce Creed Rd. Permitted uses with special development requirements Assisted living facilities, Child care centers, Clubs, lodges, fraternal organizations, Nursing homes and Community gardens. Special exception uses: Houses of worship and Private schools.

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Tax ID/APN: 6304-07-00-1670
Zoning: NP-NEIGHBORHOOD PRESERVATION
Property Visibility: Good
Zoning Description: The zoning is Neighborhood Preservation, allowing for "Urban High Density Residential(8-16 units per acre). There are 200 feet of frontage on Powers and 380 feet of Spruce Creed Rd. Permitted uses with special development requirements Assisted living facilities, Child care centers, Clubs, lodges, fraternal organizations, Nursing homes and Community gardens. Special exception uses: Houses of worship and Private schools.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,672 64,137 113,245
Median Age: 45.71 47.31 46.39
Households: 4,356 30,439 52,163
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