Elvis A. Amor

$867,000

3.51 Acres

Daytona Beach, Florida, 32117

Coldwell Banker Commercial Realty is pleased to present an exceptional investment and development opportunity located on Brentwood Drive in Daytona Beach, FL 32117, a strategically positioned parcel zoned MFR-20, which allows for multifamily residential development and offers the discerning investor the flexibility to pursue a range of high-yield projects in one of Florida’s most dynamic growth markets. This well-situated property lies within the thriving Deltona/Daytona Beach corridor, just minutes from major transportation arteries such as N. Nova Road and I-95, ensuring convenient connectivity and long-term desirability for residents and investors alike. The current zoning supports the development of approximately 66 multifamily units, while an alternative option exists to continue the dialogue with the City of Daytona Beach regarding the previously contemplated site plan for 28 build-to-rent single-family homes—an increasingly popular strategy in today’s rental housing market—or to potentially seek higher density through the Live Local Act, thereby enhancing the property’s value and future cash flow potential. Market fundamentals support strong demand, with average asking rents in the Daytona Beach area currently at $1,500 per month, just below the metro average of $1,550, while individual unit averages are showing at $1,113 for studios, $1,329 for one-bedrooms, $1,557 for two-bedrooms, and $2,081 for three-bedrooms, with an average unit size of approximately 650 square feet. Projections further indicate that beginning in early 2026, the market will experience renewed rent growth momentum, with annual increases in the 2% to 3% range anticipated, adding further upside for forward-thinking developers. Beyond multifamily, the MFR-20 zoning permits a wide variety of uses by right, including household living, group living, day care, education, health care, open space, communication, utilities, other institutional categories, and even motor vehicle sales and service, thereby broadening the scope of development strategies for this site. The surrounding area’s fundamentals add further appeal, with a population growth forecast of 11.6%, a median household income of $41,380, and a location that is both central to Daytona Beach’s expanding residential base and in close proximity to employment, retail, and recreational amenities. Taken together, the property’s zoning flexibility, strong location, solid market fundamentals, and multiple development pathways make Brentwood Drive an outstanding opportunity for investors seeking to position themselves ahead of the next wave of growth in the Daytona Beach region.

$3,500,000

5.22 Acres

Austintown, Florida, 44515

Coldwell Banker Commercial Schmidt Realty is pleased to announce the availability of 10 Victoria Road, Austintown, OH 44515, situated on a substantial 227,557.44 SF (±5.22 acres) lot. The Seller originally planned to develop a car dealership on the site and received site plan approval on January 1, 2023, making this an exceptional opportunity for a large branded automotive dealership or other commercial users seeking a standalone development.The property is commercially zoned I-2, allowing for a broad range of permitted uses including manufacturing, processing plants, large-scale storage, distribution centers, and related retail or research and testing operations. The expansive parcel provides flexibility for customized development, generous parking, outdoor storage, and efficient building layouts.Boasting a prime location in the heart of Austintown, the site offers excellent visibility and strong traffic flow, positioning it well for investors and owner-users seeking maximum exposure. Surrounded by established commercial activity, this property represents a rare opportunity for retail pad investors or industrial users looking to capitalize on the area’s growth and accessibility. Its strategic location allows businesses to attract both local residents and regional visitors, enhancing long-term value and market presence.Austintown benefits from a stable and diverse demographic base, supported by a strong workforce and proximity to the greater Youngstown metropolitan area. The trade area is anchored by national and regional tenants across retail, automotive, and industrial sectors, reinforcing consumer traffic and business demand. The local economy is characterized by steady employment levels, driven by healthcare, manufacturing, logistics, and education, while ongoing in-migration and regional redevelopment initiatives continue to support commercial growth and long-term investment stability.

$0

2.04 Acres

Micanopy, Florida, 32664

Coldwell Banker Commercial Realty is pleased to announce the availability of 21121 N US Highway 441, Micanopy, FL 32667, a 2.04-acre parcel offering strong development and investment potential. The seller currently utilizes the site for car storage and parking and is open to a seller finance, subject to internal discussions. Strategically located along North US Highway 441, the property sits approximately 10 minutes from the University of Florida, South of Gainesville, and 15 minutes Nouth of Ocala, providing convenient access to two major growth markets. The property is currently zoned R-4 (Mixed Residential), which is intended to accommodate medium-density residential development, including single-family or two-family residences utilizing a mix of manufactured homes and conventional construction. The buyer would have the opportunity to pursue rezoning of the site for agricultural or farmland use, subject to municipal approval.Given the ongoing demand for student housing near the University of Florida, this site presents a compelling opportunity for residential, multifamily, or mixed-use development. Discover an exceptional investment opportunity with this well-positioned property in the greater North Central Florida / Ocala-Gainesville corridor. With excellent visibility, accessibility, and flexible zoning potential, the site is well-suited for land investors and multifamily developers seeking to capitalize on a thriving and expanding regional market. The Gainesville–Ocala corridor benefits from a diverse and growing population, anchored by the University of Florida, one of the largest universities in the state. The area demonstrates stable employment fundamentals, supported by education, healthcare, logistics, and government sectors. Educational attainment levels are elevated due to the university presence, driving consistent demand for student-oriented housing and workforce rentals. Continued enrollment growth and limited new student housing supply have intensified demand, positioning this location as a strong candidate for future residential and student housing development.