Commercial Property Investment
For Sale
$485,000
Pending
2055 S WOODLAND Blvd, Deland, FL 32720
Commercial property with long-term tenant on high-visibility corner lot.
Property Size1,500 SF
Lot Size0.62 Acres
Days on Market190
Property Features for 2055 S WOODLAND Blvd
General Information
Standard status
Pending
Size
1,500 SF
Lot size
0.62 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,024
Building Details
Building Size
1,500 SF
Year Built
1990
Listed By:
Tobey Pokol
(386) 804-2070
Source:
Elliman
Added: Apr 22
Changed: Oct 25
Last Checked: Oct 28 at 9:19AM
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 Tobey Pokol
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property presents an investment opportunity with a long-term national tenant already in place. The property is situated on a corner lot with high visibility, totaling approximately 0.62 acres. It features a 1,500 sq ft building with frontage and exposure. The location offers easy access and a strong traffic count. The property has a bike score of 76, indicating it is very bikeable, and a walk score of 71, indicating it is very walkable.
Key Highlights
- Long‑term national tenant provides immediate income potential.
- High‑visibility corner lot location.
- Prime location with easy access and strong traffic count.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,128
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,560
$282.6K
Cap Rate 7%
$201,829
$201.8K
Cap Rate 9%
$156,978
$157.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$22.5K $15.00/SF
− Vacancy
−$2.3K −$1.55/SF
EGI
$20.2K $13.46/SF
− OpEx
−$6.1K −$4.04/SF
NOI
$14.1K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,560
Cap Rate 7%
$201,829
Cap Rate 9%
$156,978
Alternative Uses
Best Use
Retail
$201.8K
$176.6K – $235.5K
NOI $14,128 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$442.3K
$387.0K – $516.0K
NOI $30,960 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
252k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 46%
Electronics 2%
Hotels & Casinos 1%
Chick-fil-A
Dining
50,497 visits/mo
0.4 miles
Wawa
Shops & Services
46,501 visits/mo
0.4 miles
RaceTrac
Shops & Services
22,884 visits/mo
0.1 miles
Dollar Tree
Shops & Services
22,224 visits/mo
0.3 miles
Starbucks
Dining
20,852 visits/mo
0.5 miles
Demographics for 32720, FL
33,568
Population
13,962
Households
2.4
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
66.3 sq mi
ZIP Area
506
Density / Sq Mi
$67,512
Median Household Income
$39,159
Median Earnings
$1,177
Median Rent
$280,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial property with long-term tenant on high-visibility corner lot.
Where is this storefront property located?
The property is located at 2055 S WOODLAND Blvd Deland, FL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Long‑term national tenant provides immediate income potential.; High‑visibility corner lot location.; Prime location with easy access and strong traffic count.
