Listing Details for MLS # FC300705
Land Real Estate in Daytona Beach, Fl 32124

Land - Real Estate in Daytona Beach

Listing Price: $4,000,000Days on Market: 161

Description of Property

The 30-acre property located on W International Speedway Boulevard in Daytona Beach, FL, is situated in a prime area with significant commercial and residential development potential. This area is known for its high traffic volume due to its proximity to the Daytona International Speedway, making it an attractive location for businesses and developments aiming to benefit from the visibility and accessibility of this major thoroughfare. Land Features and Zoning The property features a flat, level terrain that is suitable for a variety of uses. It has substantial frontage on W International Speedway Boulevard, offering excellent visibility and access. The zoning allows for both commercial and residential development, providing flexibility for future use. The land's dimensions and specific features make it a valuable asset for developers looking to invest in a rapidly growing area. Daytona Beach is a vibrant city known for its tourism, motorsports, and growing residential communities. The area around W International Speedway Boulevard is characterized by a mix of commercial establishments, including retail stores, restaurants, and service-oriented businesses. The region is experiencing significant growth, with new developments contributing to an increasing population and economic activity. The population within a 5-mile radius of the property is approximately 105,000, with a growth rate of around 14% over the past few years. The immediate 3-mile radius has seen over 21% growth, indicating a rapidly developing area. The economy of Daytona Beach is largely driven by tourism, education, and healthcare sectors. The presence of Daytona International Speedway and events such as the Daytona 500 significantly boost local business activities. The property is easily accessible via major highways, including Interstate 95, which enhances its appeal for commercial purposes. Public transportation options and the development of bike-friendly infrastructure are improving connectivity in the area. The surrounding community includes a diverse range of amenities such as schools, healthcare facilities, shopping centers, and recreational areas. The presence of educational institutions and healthcare facilities indicates a well-rounded community infrastructure supporting both residential and commercial growth.