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    114 E Rich Ave Deland, FL 32724

    For Sale
    $749,000

    Fully occupied mixed-use property with storefronts and apartments in downtown DeLand.

    Lot size:
    0.17 Acres

    Property Features for 114 E Rich Ave

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1962

    Source: TOWN AND COUNTRY REALTY Agent Deborah Dunn

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

    Overview

    Mixed-Use Property in Historic DeLand

    Located in the heart of historic downtown DeLand, this mixed-use property features two storefronts and three apartments. The property is fully occupied and includes private parking. Two of the apartments have been fully updated, while one requires some TLC. Both storefronts are in great condition and currently have tenants. All tenants are currently on month-to-month leases. The property is situated behind active businesses and experiences a high daily traffic count. Public parking is readily available in abundance.
    Insight Report Location Intelligence

    Current Use by Public Records

    Moodz Beauty Salon

    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
    -81.302759
    Latitude
    29.029614

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    FAQs

    What type of property is this?
    Mixed-use property - Fully occupied mixed-use property with storefronts and apartments in downtown DeLand.
    Where is this mixed-use property located?
    The property is located at 114 E Rich Ave Deland, FL.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Mixed-use property with two storefronts and three apartments.; - Fully occupied with tenants.; - Located in the heart of historic downtown Deland.
    (386) 479-7981
    Request Owner's contact information
    114 E Rich 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
    114 E Rich Ave Deland, FL 32724
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