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23838507
23838508

2801 E New York Ave, DeLand, FL 32724

DG
FL SL3140783
Cushman & Wakefield - Boca Raton, Florida
CP
FL SL3412249
Cushman & Wakefield - Boca Raton, Florida
Listed by Cushman & Wakefield - Boca Raton, Florida
$5,500,000
360 days on market
Updated 126 days ago

Vacant 105-Room Hotel

Details
APN 7118-00-00-0081
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 50,966
Keys 105
Year Built `973
Acreage 6.040
Zoning B-6C

Hospitality | 105 Keys

Marketing description

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 105-room Hotel Development Site, located in Deland, Florida. Strategically positioned directly off of New York Avenue & Interstate-4, with high visibility and direct access, the property offers exceptional potential for redevelopment or repositioning within a growing commercial corridor. New ownership can unlock significant upside through reconfiguration, rebranding, or expansion to meet the needs of the growing local and regional customer base. Additionally, the site is well positioned to capitalize on increasing traffic volumes and strong area growth as it is located directly off of Interstate-4 and in route to larger cities like Orlando and Daytona Beach. The Hotel Development Site offers investors the opportunity to acquire a 105-room property in a growing market with exceptional value-add opportunity.

Investment highlights

  • Seller Financing Available To Qualified Buyers

  • Concrete-Construction

  • Property Sits On Over 6 Acres Of Land

  • Out-Of-State Ownership - Upside Opportunity For A Hands-On Owner/Operator

  • Motivated Seller

  • Opportunity To Unlock Substantial Value By Repositioning The Property—Whether Through Full Renovation, Rebranding Under A Recognized Franchise Flag, Or Reconfiguring The Layout To Better Serve Extended-Stay, Workforce Housing, Or Other Demand Segments

  • Convenient Stopover For Regional Tourists, Commercial Drivers, And Workers, While Also Benefiting From Strong Local Growth In The Deland And Volusia County Markets

  • Ideally Positioned To Capture Demand From High Commuter And Traveler Traffic Between Orlando And Daytona Beach

  • Significant Room For Value Creation Through Capital Improvements And Operational Turnaround

  • The City Of Deland Is Undergoing Rapid Growth, Supported By A Wave Of Recently Completed Projects And A Robust Pipeline Of Major Developments

  • Located Less Than An Hour Away From The City Of Orlando, One Of The Major Tourism Capitals Of The United States

  • Located Within The Deltona-Daytona Beach-Ormond Beach MSA, Which Has A Population Of Over 735,000 People And Is Growing At A Rate Of 2.4 Percent Annually

Listing Contacts

DG
FL SL3140783
Cushman & Wakefield - Boca Raton, Florida
CP
FL SL3412249
Cushman & Wakefield - Boca Raton, Florida
Listed by Cushman & Wakefield - Boca Raton, Florida

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