Retail/Hospitality Redevelopment Site

Vacant Land for Sale
Catylist Listing ID: 30152520
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 4.95 Acres
Sale Price: $4,500,000
Unit Price: $909,090 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

4.95+/- acre redevelopment site.
Visibility and access to Daytona's hottest retail corridor, International Speedway Boulevard, and Fentress Boulevard.
Several sample site plans - for hotel & retail, and retail only.
Nearby similar size redevelopment project by CBL with three Darden restaurants.
Current owner is open to do a leaseback on the property until redevelopment plans are finalized.
One Daytona retail, dining, and entertainment center to open November 2017. 12 screen Cobb Daytona Luxury Theatres and Bass Pro Shops NOW OPEN.
Walking distance to Daytona International Speedway with pedestrian bridge.
Approximately 1.2 miles to Interstate 95 and 5.1 miles to beaches.

Across from Daytona International Speedway and just east of Interstate 95.

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Tax ID/APN: 5215-01-00-0330
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,399 39,724 118,938
Median Age: 25.25 37.86 42.58
Households: 1,184 17,022 53,731

Contact

Photograph of Listing Agent

John W. Trost, CCIM

SVN | Alliance Commercial Real Estate Advisors
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