Office Building with
1004 W Talton Avenue DeLand, Deland, FL 32720
For Sale
$399,000
A two-office layout includes a reception area, kitchen, full bathroom, and partially finished upper level.
Property Size1,503 SF
Price / SF$265.47
Days on Market182
Property Features for 1004 W Talton Avenue DeLand
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Warehouse Space
Taxes and HOA fees
Annual Taxes
Amenities
enclosed front porch
reception area
private offices
bathroom
kitchen
partially finished upstairs
secure parking
warehouse/garage
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Adams, Cameron & Co., Realtors
Listed By:
Mary Ann Brawner · License FL #204242
(386) 804-2800
Source:
Coastalventures
Added: May 14
Changed: Nov 10
Last Checked: Nov 10 at 7:58AM
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.
The office property pairs a main building with a separate 9 x 7 meter garage or warehouse. Inside, an enclosed porch leads to reception space, two private offices, a full bathroom, and a kitchen. The upper level is partially finished. The main building has a metal roof, and the lot has B-4 zoning.
The parcel connects two streets and provides two separate entrances. It is near Highway 15-A, also known as Spring Garden Avenue. County water and a septic system serve the property.
The parcel connects two streets and provides two separate entrances. It is near Highway 15-A, also known as Spring Garden Avenue. County water and a septic system serve the property.
Key Highlights
- B‑4‑zoned lot connects two streets and has two separate entrances
- Main building includes reception space, two private offices, a full bathroom, and a kitchen
- Separate 9 x 7 meter garage or warehouse has electrical wiring and two roll‑up 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
Warehouse
$172.7K
$151.1K – $201.5K
NOI $12,088 @ 7.0% cap · market cap 3.03%
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
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
$280,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Volusia County, FL
Properties on Market for Office buildings in Volusia County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A two-office layout includes a reception area, kitchen, full bathroom, and partially finished upper level.
Where is this office building located?
The property is located at 1004 W Talton Avenue DeLand 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: B‑4‑zoned lot connects two streets and has two separate entrances; Main building includes reception space, two private offices, a full bathroom, and a kitchen; Separate 9 x 7 meter garage or warehouse has electrical wiring and two roll‑up doors
