Freestanding Flex
For Sale
$2,250,000
Pending
1315 E International Speedway Boulevard DeLand, Deland, FL 32724
Metal flex property combining showroom, office, and warehouse areas with garage bay access.
Property Size18,250 SF
Days on Market101
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Property Features for 1315 E International Speedway Boulevard DeLand
General Information
Standard status
Pending
Size
18,250 SF
Warehouse & Industrial
Warehouse Space
13,430 SF
Office Build-Out
4,840 SF
Taxes and HOA fees
Annual Taxes
$12,128
Amenities
Other
2.4
386-206-1735
false
18250
Building Details
Building Size
18,250 SF
Year Built
1978
Buildings
1
Construction
metal
Listed By:
Julie Sanchez
(407) 656-7814
Source:
Therealestatecollection
Added: Jul 7
Changed: Oct 14
Last Checked: Oct 7 at 8:39AM
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 Julie Sanchez
Investment Insights
Based on property information with market context.
Built in 1978, this freestanding metal flex property combines 4,840 square feet of showroom and office area with 13,430 square feet of warehouse space. Garage bay doors support the building’s industrial configuration. The sale covers the real estate only; business assets, equipment, and contents are excluded.
The property is located outside the DeLand Airport and minutes from the DeLand Industrial Park, with access to the Orlando and Daytona Beach markets. The building is currently occupied, and prospective parties should direct inquiries through the listing agent rather than approaching the occupant. The address is 1315 E International Speedway Boulevard, DeLand, FL 32724.
The property is located outside the DeLand Airport and minutes from the DeLand Industrial Park, with access to the Orlando and Daytona Beach markets. The building is currently occupied, and prospective parties should direct inquiries through the listing agent rather than approaching the occupant. The address is 1315 E International Speedway Boulevard, DeLand, FL 32724.
Key Highlights
- 4,840 SF of showroom and office area
- 13,430 SF of warehouse space with garage bay doors
- Freestanding metal building constructed in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$205,795
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,115,900
$4.1M
Cap Rate 7%
$2,939,929
$2.9M
Cap Rate 9%
$2,286,611
$2.3M
Market Conditions
NOI Build-Up for 18,250 SF
Gross rent
$346.0K $18.96/SF
− Vacancy
−$29.4K −$1.61/SF
EGI
$316.6K $17.35/SF
− OpEx
−$110.8K −$6.07/SF
NOI
$205.8K $11.28/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,115,900
Cap Rate 7%
$2,939,929
Cap Rate 9%
$2,286,611
Alternative Uses
Best Use
Office B
$3.91M
$3.42M – $4.56M
NOI $273,476 @ 7.0% cap · market cap 12.15%
Second Best
Flex RnD
$2.94M
$2.57M – $3.43M
NOI $205,795 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$5.38M
$4.71M – $6.28M
NOI $376,680 @ 7.0% cap · market cap 16.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32724, FL
40,559
Population
18,555
Households
2.2
Avg Household Size
45
Median Age
31%
College-Educated
92%
High-School Grad
83.8 sq mi
ZIP Area
484
Density / Sq Mi
$72,729
Median Household Income
$41,204
Median Earnings
$1,184
Median Rent
$283,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Metal flex property combining showroom, office, and warehouse areas with garage bay access.
Where is this flex space located?
The property is located at 1315 E International Speedway Boulevard DeLand Deland, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 4,840 SF of showroom and office area; 13,430 SF of warehouse space with garage bay doors; Freestanding metal building constructed in 1978
