Nicole Merigelli, Realtor® with eXp Realty, LLC Lists 19.2 Commercial Acres in the Bustling 1-4 Corridor, Which is Exploding with New Development

Deltona, FL, March 28, 2022 --(PR.com)-- Deltona has seen recent major developments such as the 1.4 million-square-foot Amazon distribution center, UF Health and Halifax Health, The Portland Industrial Park and more in the bustling Interstate 4 corridor leaving the Pine View Estates properties prime for further development.

Recent proposals could bring another 240 unit apartment complex to the area which lacks commercial development.

Nicole Merigelli, Realtor®, SRS Certified Mentor with eXp Realty, LLC is the listing agent for the properties in Pine View Estates that total 19.2 acres.

Nicole recently sold 5 properties in PVE and says, "Commercial land in the area is a hot commodity right now" Nicole also believes from studying the area, history and demographics the rising demand for commerce and industries to accommodate the population amplifies the call for PVE to be developed. "The vision that was created years ago is ready to be realized."

According to Deltona Means Business, "there is a population of 108,500+ in Deltona within a 5 MILE radius, the average household income is $68,497+ and 1,298+ businesses are currently in Deltona."

The opportunity is exceptional for Pine View Estates to attract new businesses to satisfy the need for local shopping, entertainment and education options for current and future residents.

Nicole says, "Many Deltona residents not only work in the Orlando area, they go there to eat, shop, socialize and study, it would be fantastic to have more options close to home and have a real sense of community."

According to State projections from The Demographic Estimating Conference: "Between April 1, 2021 and April 1, 2026, population growth in Florida is expected to average 309,867 net new residents per year (849 per day), representing a compound growth rate of 1.41% over this five‐year time horizon."

Deltona offers sprawling residential communities, an eco-village, state parks, The Deltona Club and 25 other golf courses within 20 miles, the Daytona International Airport is within 26 miles, Daytona Beach 29 miles and Orlando 29 miles.

Given its proximity, the continued growth and expansion of the surrounding cities, Deltona will bring visitors and new residents to the area proving the listed acreage in Pine View Estates to be a solid investment and development opportunity.

Recent groundbreaking for the new I-4 Logistics Park, a 1.8 million square-foot complex is slated to deliver phase 1 in early in 2023 with phase 2 to follow soon after. To date, there is currently 7.8 million square-feet of industrial space in the market which has seen seen explosive growth in the past 2 years.

Offers are being accepted for the 19.2 acres located in Pine View Estates, for more details contact:

Nicole Merigelli, Realtor®, SRS
Certified Mentor with eXp Realty, LLC
305-775-3868
www.soldbynm.com

About Nicole Merigelli, Realtor®, SRS with eXp Realty, LLC
Nicole has resided in Florida for over 20 years, relocating from Brooklyn, NY to enjoy the Florida lifestyle.

She has a combined 36 years in Hospitality, Travel and Real Estate and provides unparalleled service and knowledge to navigate even the most convoluted transaction with dexterity.

About eXp Realty, LLC
eXp Realty is the largest residential real estate brokerage by geography in North America. It is also one of the fastest-growing firms worldwide with more than 75,000 residential and commercial agents across the world.

Want to join the one of the fastest growing International teams in real estate?

Reach out to Nicole Merigelli, Certified Mentor with eXp Realty, LLC.