DeLand Commercial Property on
1319 S WOODLAND BOULEVARD Deland, FL 32720
1319 S WOODLAND BOULEVARD, Deland, FL, 32720
$644,900
For Sale
$644,900
Versatile commercial property with three buildings on a corner lot.
Property Size3,394 SF
Lot Size0.60 Acres
Price / SF$190.01
Days on Market564
Property Features for 1319 S WOODLAND BOULEVARD
General Information
- Standard status
- Active
- Size
- 3,394 SF
- Lot size
- 0.60 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1952
Listing Agency
KEMP REALTY GROUP
(386) 801-4276
Listed by
Maureen Kemp · License #510089
(386) 801-4276
Source
Exitrealty
Added: Dec 29, 2024 Checked: Jul 15 at 9:35 pm
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 KEMP REALTY GROUP
Investment Insights
Based on property information with market context.
This commercial property is located on a corner lot on S Woodland Boulevard in DeLand, Florida. The property includes three separate buildings within a fully fenced lot. Zoned C2, one building currently accommodates two tenants and provides customer parking. The other two buildings consist of a large dual warehouse with an attached carport, plus an auxiliary studio building with one full bath that works well as a small office and has a connecting carport. Two large gates allow traffic to flow through in a circular pattern. The back of the lot is fully fenced, creating a compound arrangement suitable for securing work vehicles and materials. The property size is 3394 square feet. The property is currently leased to two tenants and is suitable for mixed-use, warehouse, industrial, storefront, retail, and office purposes.
Key Highlights
- Prime corner location on busy S Woodland Blvd with high visibility.
- Versatile property with three separate buildings within a fully fenced lot.
- Zoned C2, suitable for various commercial uses.
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 | $73.3k | $21.60 |
| − Vacancy | −$5.5k | −$1.62 |
| EGI | $67.8k | $19.98 |
| − OpEx | −$17.0k | −$5.00 |
| NOI | $50.9k | $14.99 |
3,394 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$726.6K
$635.7K – $847.7K
NOI $50,859 @ 7.0% cap · market cap 7.89%
Second Best
Mixed Use
$598.9K
$524.1K – $698.7K
NOI $41,924 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.00M
$875.7K – $1.17M
NOI $70,052 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Paws and Relax Grooming ...
Pet Grooming Service
Colonial Plumbing
Plumbing Service
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FAQs
What type of property is this?
Mixed-use property - Versatile commercial property with three buildings on a corner lot.
Where is this mixed-use property located?
The property is located at 1319 S WOODLAND BOULEVARD Deland, FL.
What is the asking price?
The asking price for this property is $644,900.
What are key features of this property?
This property features: Prime corner location on busy S Woodland Blvd with high visibility.; Versatile property with three separate buildings within a fully fenced lot.; Zoned C2, suitable for various commercial uses.
