Turn Key Professional
904 W NEW YORK W AVENUE Deland, FL 32720
904 W NEW YORK W AVENUE, Deland, FL, 32720
$319,000
Pending
For Sale
$319,000
Pending
Professional office space configured for multiple offices, conference room, breakroom.
Property Size1,336 SF
Lot Size0.22 Acres
Days on Market631
Property Features for 904 W NEW YORK W AVENUE
General Information
- Standard status
- Pending
- Size
- 1,336 SF
- Lot size
- 0.22 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1950
Listing Agency
GREENE REALTY OF FLORIDA LLC
(386) 804-5092
Listed by
Geoffrey Felton · License #3278031
(386) 804-5092
Source
Exitrealty
Added: Oct 28, 2024 Updated: Jul 6 at 12:34 pm Checked: Jul 20 at 1:55 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GREENE REALTY OF FLORIDA LLC
Investment Insights
Based on property information with market context.
This professional office space is available for sale or lease. The space is configured for 2 to 3 offices, a conference room, and a break room. The flooring consists of workstatic hardwood, tile, and laminate. The air conditioning and hot water heater were new in 2015. The property includes accessible parking for one vehicle, and parking for three other vehicles. It features direct access to major roads in DeLand. The property size is 1336 square feet.
Key Highlights
- Turn‑key professional office space ready for immediate occupancy.
- Configured for 2‑3 offices, conference room, and break room.
- Accessible parking with 1 dedicated space, plus 3 additional spaces.
Local Financial Insights For Office B
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 | $28.9k | $21.60 |
| − Vacancy | −$2.2k | −$1.62 |
| EGI | $26.7k | $19.98 |
| − OpEx | −$6.7k | −$5.00 |
| NOI | $20.0k | $14.99 |
1,336 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$286.0K
$250.3K – $333.7K
NOI $20,020 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.9K
$344.7K – $459.6K
NOI $27,575 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
AFK Accounting
Accounting Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Professional office space configured for multiple offices, conference room, breakroom.
Where is this office units located?
The property is located at 904 W NEW YORK W AVENUE Deland, FL.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Turn‑key professional office space ready for immediate occupancy.; Configured for 2‑3 offices, conference room, and break room.; Accessible parking with 1 dedicated space, plus 3 additional spaces.
