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- LoopNet Team
S. Kentucky
Orange City, FL 32763
20 Acres · Land For Sale · 20.00 AC
Investment Highlights
- Capacity for approximately 300 multifamily units
- Just North of the Beyond the I-4 Rhode Island Overpass
- Frontage along I-4
- High Growth Area
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 20.00 AC |
| Property Subtype | Agricultural |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 20.00 AC |
Description
This Property is roughly 20 acres of raw agriculture land, zoned low density residential and is directly west of I-4. It is approximately 1,330 feet wide (East to West) by 665 feet tall (North to South) with the East side of the property abutting to S Kentucky Ave. This Parcel is located within Volusia County’s jurisdiction but is surrounded by parcels located within the city of Orange City’s jurisdiction. Because of this, the property presents a great opportunity to annex into the city under a rezone. Currently Orange City is very aggressive on annexing properties into the City because they are trying to square up city boundaries to aid in the provision of emergency services. In addition, this property is located just north of a future FDOT planned overpass expansion. The FDOT “I-4 Beyond the Ultimate” plan proposes an overpass connecting Orange City to Deltona via an extension of E Rhode Island Ave from Veterans Memorial Pkwy to Normandy Blvd.
