Office Building with Detached
New
For Sale
$399,000
1004 TALTON, Deland, FL 32720
B-4 zoning and entrances from two streets shape the property's commercial layout.
Property Size1,503 SF
Days on Market4
Property Features for 1004 TALTON
General Information
Standard status
Active
Size
1,503 SF
Property subtype
Commercial
Zoning
B-4
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Property Use
Professional Office
Taxes and HOA fees
Annual Taxes
$3,340
Building Details
Building Size
1,503 SF
Year Built
1937
Listing Agency:
Adams, Cameron & Co. Realtors
Listed By:
Mary Ann Brawner · License #204242
(386) 804-2800
Source:
Elliman
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 24 at 6:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Adams, Cameron & Co. Realtors
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Investment Insights
Based on property information with market context.
Configured for professional office use, the building has a reception area, two private offices, a full bathroom, and a kitchen. An enclosed front porch leads into the main area, which includes a fireplace. The upper level is semi-finished and can also serve as storage or additional office space.
A detached 30-by-24-foot garage and storage building has two roll-up doors and electric service. The property has a metal roof, county water, and a septic system. Its lot connects to two streets, and the site is a few hundred feet from 15-A, also known as Spring Garden Avenue, in DeLand. B-4 zoning applies.
A detached 30-by-24-foot garage and storage building has two roll-up doors and electric service. The property has a metal roof, county water, and a septic system. Its lot connects to two streets, and the site is a few hundred feet from 15-A, also known as Spring Garden Avenue, in DeLand. B-4 zoning applies.
Key Highlights
- Office layout with reception, two private offices, full bath, and kitchen
- Detached 30x24 garage/storage building with electric service
- Two roll‑up garage doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,522
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,440
$450.4K
Cap Rate 7%
$321,743
$321.7K
Cap Rate 9%
$250,244
$250.2K
Market Conditions
NOI Build-Up for 1,503 SF
Gross rent
$32.5K $21.60/SF
− Vacancy
−$2.4K −$1.62/SF
EGI
$30.0K $19.98/SF
− OpEx
−$7.5K −$5.00/SF
NOI
$22.5K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,440
Cap Rate 7%
$321,743
Cap Rate 9%
$250,244
Alternative Uses
Best Use
Office B
$321.7K
$281.5K – $375.4K
NOI $22,522 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$443.2K
$387.8K – $517.0K
NOI $31,022 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
Explore this area
Business Placement
Demographics for 32720, FL
33,568
Population
13,962
Households
2.4
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
66.3 sq mi
ZIP Area
506
Density / Sq Mi
$67,512
Median Household Income
$39,159
Median Earnings
$1,177
Median Rent
$280,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - B-4 zoning and entrances from two streets shape the property's commercial layout.
Where is this office building located?
The property is located at 1004 TALTON Deland, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Office layout with reception, two private offices, full bath, and kitchen; Detached 30x24 garage/storage building with electric service; Two roll‑up garage doors
