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    120 E New York Ave Deland, FL 32724

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    For Sale
    $1,500,000

    Neighborhood center in growing DeLand community with tenants in place.

    Property size:
    9,152 SF
    Lot size:
    0.41 Acres

    Property Features for 120 E New York Ave

    General Information

    Size
    9,152 SF
    Lot size
    0.41 Acres

    Source: Swann Real Estate Agent J. Todd Swann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    DeLand Neighborhood Center Opportunity

    This is an opportunity to own a neighborhood center located in Downtown DeLand, Florida, a growing community situated between Orlando and Daytona Beach. DeLand offers urban amenities while maintaining a small-town atmosphere. The downtown area features shops, restaurants, and cultural attractions. Stetson University contributes to an educated and diverse population. The city provides green spaces, parks, and recreational opportunities. The property includes units A, B, C, D, E, G, and H, with solid brick construction and tenants in place for all included units. The property has a size of 9152 square feet. The owner may consider individual sale of units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kerri Hall Social Worker Devereux Florida Professional Services Christian S. Curtis, ... Marriage Or Relationship Counselor Grace Droz Social Worker Dr. Manal Durgin Psychiatrist

    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
    -81.302473
    Latitude
    29.027629

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    FAQs

    What type of property is this?
    Shopping center - Neighborhood center in growing DeLand community with tenants in place.
    Where is this shopping center located?
    The property is located at 120 E New York Ave Deland, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime location in the rapidly growing Downtown DeLand area.; - Solid brick construction ensuring durability and low maintenance.; - All included units are currently tenant-occupied, providing immediate rental income.
    (386) 738-3688
    Request Owner's contact information
    120 E 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
    120 E New York Ave Deland, FL 32724
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