Mixed-Use Property with
New
For Sale
$1,049,000
2200 N VOLUSIA, 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
Days on Market4
Property Features for 2200 N VOLUSIA
General Information
Standard status
Active
Size
3,068 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$7,572
Building Details
Building Size
3,068 SF
Year Built
1956
Units
4
Tenancy
Multi
Listing Agency:
Real Broker, LLC.
(386) 479-0456
Listed By:
Blaine Wyker
(386) 479-0456
Source:
Elliman
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 23 at 5:39AM
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 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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,589
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $46,589 @ 7.0% cap · market cap 4.44%
Second Best
Mixed Use
$541.4K
$473.7K – $631.6K
NOI $37,897 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$904.6K
$791.6K – $1.06M
NOI $63,324 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask 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 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
