Investment Overview
Owner is seeking qualified developers to purchase all or portions of the property. Although there are multiple uses that can be developed on site, The primary use for the property west of CR 4139 (Summit Avenue) is assumed to be multi-family residential or institutional. The property’s frontage to Tatum Lake makes it attractive for residential development. The primary use for the property east of CR 4139 (Summit Avenue) is assumed to be commercial/office uses. The proximity of the site to I-4/SR 44 interchange and its frontage along I-4 is conducive for development of regional offices and limited commercial uses. The visibility from I-4 provides opportunities for “destination” uses, such as medical offices or specialized retail. The proximity to the Daytona State College DeLand campus also provides some opportunities for smaller personal services.
Investment Highlights
- 6.36± acre site at Summit Avenue & I-4
- 1/4 mile of frontage on I-4 with daily traffic counts of 72,500
- C-2 zoning - most uses permitted
- 1.1 miles from I-4 interchange at SR 44
- Across the street from new DR Horton Towns at Summit Townhomes
- Located in high growth corridor adjacent to Daytona State College