Summit Place Apartments & Mixed Use Development Site Listing Details & Market Data

The property is located in the City of DeLand. Summit Place Planned Development is located on the east and west side of CR 4139 Summit Ave) This site is highly visible from I-4 with over 1/4 mile of frontage and just 1.5 miles from the SR 44 Exit from I-4. The Property abuts the Daytona State College DeLand Campus with full Service Library and Learning Resource Center serving approx. 5,200 students each year. The Bert Fish building houses up-to-date facilitiesfor dental hygiene, nursing,and science labs. The proposed 50 acre Deland Auto Mall is slated to include 11 dealerships with ancillary retail and restaurants and create 1,500 permanent jobsOwner is seeking qualified developers to purchase all or portions of the property. Although there are multiple uses that can be developed on site, The primary use for the property west of CR 4139 (Summit Avenue) is assumed to be multi-family residential or institutional. The property’s frontage to Tatum Lake makes it attractive for residential development. The primary use for the property east of CR 4139 (Summit Avenue) is assumed to be commercial/office uses. The proximity of the site to I-4/SR 44 interchange and its frontage along I-4 is conducive for development of regional offices and limited commercial uses. The visibility from I-4 provides opportunities for “destination” uses, such as medical offices or specialized retail. The proximity to the Daytona State College DeLand campus also provides some opportunities for smaller personal services.