Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2820 Howland Blvd Deltona, FL 32725

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $950,000

    Commercial plaza with high traffic, investment potential, and multiple units.

    Property size:
    4,460 SF
    Lot size:
    0.34 Acres

    Property Features for 2820 Howland Blvd

    General Information

    Standard status
    Active
    Size
    4,460 SF
    Lot size
    0.34 Acres

    Building Details

    Year built
    1991

    We can help!

    Listing Contact
    Joe Napolitano
    Source: Corcoran

    Listing Agency: LPT REALTY LLC Listing Agent: Joe Napolitano

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

    Learn more

    Overview

    Commercial Plaza on Howland Boulevard

    This commercial plaza presents an opportunity for business or retail ventures, offering potential for investors to enhance its value. Situated on Howland Boulevard, the property benefits from high traffic volume. The plaza comprises a total of 7 units along with a large 1-car/truck garage. The property is currently highly tenant-occupied. Zoned C-1, the property allows for numerous usages. The property is connected to water and currently utilizes a septic system. Sewer lines are accessible for connection, which could expand potential uses to include food service, restaurants, and bed and breakfast establishments. The adjacent vacant commercial property, measuring 50' x 150', is also available for sale, offering possibilities for additional parking or expansion of the existing plaza.
    Location Intelligence

    Current Use by Public Records

    King Of Fades Barber Shop White Steven Insurance Agency Dr. Suleyka Cortes Alternative Medicine Practice Exhale Apothecary (Bike/Boat/Book/etc) Store HIGH SENSES SMOKE ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Hotel & Motel Auto Parts Store

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Deltona
    County
    Volusia
    State
    Florida
    Longitude
    -81.2237216
    Latitude
    28.9430063

    Nearby Similar for Sale

    • $900,000

      Updated Commercial Property on Busy Street

      Updated commercial property suitable for office or retail use.
      1240 E Normandy Blvd, Deltona, FL 32725
      View Details
    • $978,900

      Commercial Plaza on Howland Blvd

      Commercial plaza with high traffic, development potential, and C-1 zoning.
      2820 Howland Blvd, Deltona, FL 32725
      View Details
    • $825,000

      Updated Commercial Property on Busy Street

      Updated commercial property suitable for office or retail use.
      1240 E Normandy Blvd, Deltona, FL 32725
      View Details
    • $789,999

      Established Child Care Center For Sale

      Turnkey child care business and property in Deltona, Florida.
      2290 Florida Dr, Deltona, FL 32738
      View Details
    • $6,950,000
      71,146 SF

      130-Room Hotel on 3.67 Acres

      Two-story hotel with suites, pool, and ample parking.
      481 Deltona Blvd, Deltona, FL 32725
      View Details
    • Contact for pricing
      8,450 SF

      Retail Property For Sale

      8,514 sqft retail property with $200,640 net operating income.
      121 Howland Blvd, Deltona, FL 32738
      View Details
    • $750,000

      Updated Four-Unit Investment Property

      Deltona four-unit property with recent updates and income potential.
      102 Lullwater St, Deltona, FL 32725
      View Details
    • Contact for pricing
      9,026 SF

      Deltona Dollar General For Sale

      Corporate guaranteed NNN lease Dollar General in Deltona, Florida.
      3016 Howland Blvd, Deltona, FL 32725
      View Details
    • $382,900

      Charming Duplex For Sale

      Duplex with fenced yard, perfect for homeowners and investors.
      366 Diamond St, Deltona, FL 32725
      View Details
    • $329,000
      27,299 SF

      Prime Corner Lots for Drive-Thru

      Two corner lots ideal for retail or drive-thru restaurant.
      000 Howland Blvd & Bluffview Blvd, Deltona, FL 32738
      View Details
    • $825,000
      3,617 SF

      Updated Commercial Property on Busy Street

      Updated commercial property suitable for office or retail use.
      1240 E Normandy Blvd, Deltona, FL 32725
      View Details
    • $699,000
      4,608 SF

      Free Standing Building on Deltona

      Two-story, 4,600 SF building with frontage on Deltona Blvd.
      766 Deltona Blvd, Deltona, FL 32725
      View Details

    FAQs

    What type of property is this?
    Shopping center - Commercial plaza with high traffic, investment potential, and multiple units.
    Where is this shopping center located?
    The property is located at 2820 Howland Blvd Deltona, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - High traffic location on Howland Blvd offers excellent visibility and business potential.; - Zoned C-1, allowing for numerous business and retail usages.; - Seven units provide diverse rental income streams.
    (877) 366-2213
    Request Owner's contact information
    2820 Howland Blvd Deltona, FL 32725
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2820 Howland Blvd
    Deltona, FL 32725
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2820 Howland Blvd Deltona, FL 32725
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joe Napolitano
    (877) 366-2213 (386) 804-2248 (386) 204-6398
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!