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Mixed-Use Property with Restaurant
For Sale
$1,049,000

2200 N Volusia Ave, Orange City, FL 32763

Commercial space, three residential units, and on-site parking support a flexible owner-user or investment configuration.

Property Size3,068 SF
Price / SF$341.92
Days on Market49

Property Features for 2200 N Volusia Ave

General Information

Standard status Active
Size 3,068 SF

Additional Details

Road Access Yes

Building Details

Year Built 1956
Tenancy Multi
Listing Agency: REAL BROKER, LLC
Listed By: Blaine Wyker
Source: Chenoregroup
Added: Aug 21 Changed: Oct 7 Last Checked: Oct 7 at 2:34PM

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 REAL BROKER, LLC

Investment Insights

Based on property information with market context.

Built in 1956, this mixed-use property combines a restaurant-occupied commercial area with three residential units. The commercial portion has a functional layout, on-site parking, and customer access, while the residential component adds rental potential within the same asset. The restaurant use is established, and the commercial space may accommodate other business operations.

Located at 2200 N Volusia in Orange City, the property fronts N Volusia Avenue, one of the area’s main corridors. Its position between Deltona and DeLand places the property within the Volusia County market and provides access to local traffic. The property’s combined commercial and residential configuration offers flexibility for an owner-user or investor seeking multiple income components.

Key Highlights

  • Mixed‑use property with a restaurant‑occupied commercial space
  • Three on‑site residential units
  • High‑visibility frontage along N Volusia Avenue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,589
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,780 $931.8K
Cap Rate 7%
$665,557 $665.6K
Cap Rate 9%
$517,656 $517.7K
Market Conditions
NOI Build-Up for 3,068 SF
Gross rent
$67.4K $21.96/SF
− Vacancy
−$5.3K −$1.71/SF
EGI
$62.1K $20.25/SF
− OpEx
−$15.5K −$5.06/SF
NOI
$46.6K $15.19/SF
Area
Volusia County, FL
Vacancy
7.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,780
Cap Rate 7%
$665,557
Cap Rate 9%
$517,656

Alternative Uses

Best Use
Specialty Retail
$665.6K
$582.4K – $776.5K (±1% cap)
NOI $46,589 @ 7.0% cap · market cap 4.44%
Second Best
Mixed Use
$541.4K
$473.7K – $631.6K (±1% cap)
NOI $37,897 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$904.6K
$791.6K – $1.06M (±1% cap)
NOI $63,324 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

LaSpada's Original Cheesesteaks ... Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

Demographics for 32763, FL

23,391
Population
11,897
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
20.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$64,022
Median Household Income
$40,100
Median Earnings
$1,449
Median Rent
$239,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space, three residential units, and on-site parking support a flexible owner-user or investment configuration.
Where is this mixed-use property located?
The property is located at 2200 N Volusia Ave Orange City, FL.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Mixed‑use property with a restaurant‑occupied commercial space; Three on‑site residential units; High‑visibility frontage along N Volusia Avenue
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