Wow.. what an amazing opportunity to build your portfolio. 2.38 Acres in southern Holly Hill.
Much of the pre-development leg work has been done:
-All underground utilities are in place
-Engineered plans for 16 townhomes convey with the sale
-The City of Holly Hill approvals are in place as of 2006
The value of completed townhomes estimated at over $3.5M
Estimated ROI of 20% with a $85/ sq. ft. building cost. Estimated cost to build $2.69M
The lot is 2.38 acres and is located in the fast appreciating area of Holly Hill in Daytona. According to datausa.io Holly Hill property values rose 12.3% in the last year. Showing heightened demand for housing.
This property is a little over a ¼ mile away from the bustling Hwy 1, 9 minutes to Halifax Hospital and 11 mins away from Daytona Beach Int'l Airport. Also, 5 of the largest employers in Daytona are within a 15 min drive; employing over 21,000 people.
Included in this listing is parcel 1533 37 08 00 0030 and 1533 37 08 00 0060 and 1533 37 08 00 0040.
Call today to secure your position in this great commercial property.
We are a real estate investment company. We buy and sell land throughout the country, so we are unable to meet you at the property. We are not utilizing the services of a realtor, so you are welcome to visit the property at any time. We encourage you to visit the property at your convenience to make sure the property suits your needs.
Disclaimer: We have not been to this property. Everything we know is in this ad. No warranties are stated or implied. Land is being sold as is. Buyer is responsible for doing all due diligence and verifying accessibility, utilities, build-ability and all other information contained herein prior to purchase.
Directions to Property
From Daytona Beach Drive north on HWY 1 towards Holly Hill, take a left on 3rd st and the property is on the left hand side 1/3 of a mile down.