At $5 per square foot for nearly 12 acres in an area zoned for storage units, you're looking at land positioned for commercial/industrial use rather than residential—which explains the aggressive price point, but also means your exit strategy depends entirely on Davenport's continued commercial development along the US-27 corridor. The fact that it's already platted as "Storage Units At Reunion" suggests either prior development intent or zoning alignment with that use, so you'd want to verify what's actually permitted and what the realistic demand is for additional storage facilities in what's already a fairly built-out vacation-home and resort market. Being in flood zone X is a genuine plus for development costs, but the real question is whether this parcel pencils as a speculative land hold or if you have an actual end-user or buyer lined up—raw land at this price requires conviction about the market timing.

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