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    DeLand Office/Industrial Condo For Sale

    1220 BISCAYNE BOULEVARD Deland, FL 32724

    Claim this Listing
    For Sale
    $239,500

    Industrial - DELAND, FL

    Type:Industrial
    Property size:
    1,620 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $147/SF
    Added:
    Mar 6, 2026
    Days on Market:
    129
    Last Refresh:
    Jul 13 at 11:06 am

    Property Features for 1220 BISCAYNE BOULEVARD

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    APN
    6034-05-00-0050
    Size
    1,620 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2031.98

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Building materials
    Block
    Architectural style
    Other

    Listing agent Mark Allen License #3246800

    Listing office COMMERCIAL REAL ESTATE PROF IN 1600 E Amelia St, Orlando, FL

    Listing date Mar 6, 2026

    MLS# O6388374 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This 1,620 square foot office/industrial condo is available for sale in a desirable business district of DeLand, Florida, situated off International Speedway Blvd. The property benefits from its close proximity to DeLand Municipal Airport, approximately 6 miles from the I-4 interchange, and about 21 miles from I-95. The unit features a grade-level roll-up door. The current tenant will lease back the property for a short term, between 90 days and up to six months. The commercial condo unit is located on a ground lease with the City, representing a leasehold interest. The city retains ownership of the land. There are 41 years remaining on the initial ground lease, with a 30-year renewal option. The base ground lease is set to expire in 2037, followed by the renewal option.

    Key Highlights

    • Strategic location in the desirable DeLand business district, close to the airport, I‑4, and I‑95.
    • Income‑producing with current tenant to lease back for a short term.
    • Functional 1,620 SF unit with a grade‑level roll‑up door.

    Local Financial Insights For Flex RnD

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $30.7k $18.96
    − Vacancy −$2.6k −$1.61
    EGI $28.1k $17.35
    − OpEx −$9.8k −$6.07
    NOI $18.3k $11.28
    1,620 SF · lease $18.96/SF/yr · vacancy 8.50% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $261.0K
    $228.4K – $304.5K (±1% cap)
    NOI $18,268 @ 7.0% cap · market cap 7.63%
    Second Best
    Industrial
    $137.8K
    $120.6K – $160.8K (±1% cap)
    NOI $9,645 @ 7.0% cap · market cap 4.03%
    Theoretical Best
    Office A
    $477.7K
    $418.0K – $557.3K (±1% cap)
    NOI $33,437 @ 7.0% cap · market cap 13.96%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    RL James Inc General Contractor Mr P's Beef ... Food Processing Plant Linens and More, LLC Wedding Service GoKlean Products Big Box & Wholesale Store

    Suggested Use

    Dental Office Real Estate Agency Law Firm Hair Salon Nail Salon Pharmacy Spa & Massage Center Bakery Grocery & Convenience Store Carpet & Flooring Store

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

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    FAQs

    What type of property is this?
    Flex space - Office/Industrial condo in a desirable DeLand business district.
    Where is this flex space located?
    The property is located at 1220 BISCAYNE BOULEVARD Deland, FL.
    What is the asking price?
    The asking price for this property is $239,500.
    What are key features of this property?
    This property features: Strategic location in the desirable DeLand business district, close to the airport, I‑4, and I‑95.; Income‑producing with current tenant to lease back for a short term.; Functional 1,620 SF unit with a grade‑level roll‑up door.
    Contact an agent
    (321) 689-8000
    We can help!
    Contact an agent
    Mark Allen
    Real Estate License ID: 3246800
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