×

Absolute Auction - Land

O’Reilly, Waffle House Adjacent Land – 28K VPD

3730 S Nova Road, Port Orange, FL 32129

  • Asset Type
  • Real Estate
  • Property Type
  • Land
  • Land Area
  • 0.69 Acres

O’Reilly, Waffle House Adjacent Land – 28K VPD

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 ±$66,129. 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 $1 Auction – NO RESERVE
     

Offering Details

CBRE and RealINSIGHT Marketplace is pleased to present a ±0.69 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 ±0.69 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 $180,538. 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.

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Platform Fee

Platform fee for this transaction is 5.00% or a minimum of $20,000.

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.

Auctioneer

  • Lamar P. Fisher

    Fisher Auction Company Inc.

    License: AU93 Fisher Auction Co: AB106