Absolute $1 Auction, 0.69 Ac, FL
3730 S Nova Road : Port Orange, FL 32129
Volusia County, Florida
Lot Description
Absolute Auction: 0.69 AC Parcel - Port Orange, Fl.
Investment Highlights
Development-ready site with preliminary work done for QSR w/drive-thru and parking
Direct frontage and visibility to ±28,300 VPD and 0.5 miles from ±42,500 VPD on Dunlawton Avenue
Excellent demographics with 2020 population of ±116,640 individuals with an average HH income of Double-digit growth from 2010-2020 (5-mile radius)
Ideally positioned in trade area and benefiting from proximity to Bealls, Publix, Wawa, Dollar Tree, Waffle House, and a number of other national tenants.
Zoned Planned Commercial Development - Allows for a variety of commercial uses
Absolute Auction - NO Reserve
Offering Details
CBRE and is pleased to present a ±0.65 AC undeveloped land parcel located at 3730 Nova Road (the “Property”) in Port Orange, Florida. This Property offers an exceptional investment opportunity via development and first bid meets reserve.
The Property is a ±0.65 acre infill parcel surrounded by national retail tenants on adjacent third party parcels including Dollar Tree, O'Reilly Auto Parts, and Waffle House. Positioned in the area's prime retail corridor, other nearby national retailers include AutoZone, Ross, Walgreens, Cvs, Wawa, Kfc, Firestone, Publix, Bealls, Chase, Big Lots and many others. The Property is being offered at a substantial discount as Volusia County's 2019 Current Assessed Value of the land is 80,538. Zoning for the parcel is currently Pcd, planned commercial development. Entitlements include a preliminary buildout plan and paving, grading and drainage plan.
With favorable zoning allowing a generous variety of uses, this offering provides the opportunity to develop an extremely well-located asset within a growing market with double-digit growth in the last ten years.
