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    212 New York Ave Deland, FL 32724

    For Sale
    $2,100,000

    High-growth location, 11 leased units.

    Property size:
    11,226 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property, located at 212 E New York Avenue in the thriving city of DeLand, Florida, presents a unique investment opportunity. Spanning 11,226 square feet on a 0.65-acre lot, this property boasts a prime downtown location in a dynamic and rapidly growing community, formerly recognized as the #1 Mainstreet in America. The property comprises two buildings constructed in stages (1969, 1972, and 1981), featuring a total of eleven office units (some combined) and hair and beauty salons. All units are currently leased, providing immediate cash flow. Each unit benefits from individual electrical meters and air conditioning units. The property includes a substantial 57-car private parking lot, extending street to street, ensuring ample parking for tenants and visitors. Significant recent improvements include new electrical service for building one, updated membrane roofs, and newly constructed parking lots. The property has been under the same family ownership since 1949, demonstrating its long-term stability and potential. Situated just two blocks from the heart of DeLand, this property offers unparalleled access to the city's amenities and vibrant atmosphere. Detailed financial and maintenance records are available for qualified buyers upon execution of a non-disclosure agreement and verification of buyer qualification. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable location.

    Property Features for 212 New York Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    11,226 SF
    Lot Size
    28,314 SF

    Building Details

    Year Built
    1982
    Insight Report Location Intelligence

    Current Use by Public Records

    Brindley Pieters & Associates Engineer Pure Bliss DeLand Skin Care Clinic

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Deland
    County
    Volusia
    State
    Florida
    Longitude
    -81.30066
    Latitude
    29.0277

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    FAQs

    What type of property is this?
    Mixed-use property - High-growth location, 11 leased units.
    Where is this mixed-use property located?
    The property is located at 212 New York Ave Deland, FL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    (407) 622-2122
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    212 New York Ave Deland, FL 32724
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    Deland, FL 32724
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 New York Ave Deland, FL 32724
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