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

2200 N VOLUSIA Avenue, Orange City, FL 32763

Commercial Sale, ORANGE CITY, FL

Property Size3,068 SF
Lot Size0.76 Acres
Price / SF$341.92
Days on Market193

Property Features for 2200 N VOLUSIA Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning 01B4
Pets allowed Cats OK, Dogs OK
Directions Head S on Highway 17 toward Firehouse Rd. Turn left. Property will be on the right.
Subdivision 32763 - Orange City
Standard status Active
APN 2321113
Size 3,068 SF
Lot size 0.76 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 2 18 30 W 1/2 OF N 1/8 OF SW 40 ACRES OF LOT 2 EXC ST RD &EXC E 330.9 FT ON N/L PER OR 4961 PG 1476 PER OR 5520 PG 2108 PER OR 5520 PG 2109 PER OR 5520 PG 2109
Tax Annual Amount 7572
Legal Description 2 18 30 W 1/2 OF N 1/8 OF SW 40 ACRES OF LOT 2 EXC ST RD &EXC E 330.9 FT ON N/L PER OR 4961 PG 1476 PER OR 5520 PG 2108 PER OR 5520 PG 2109 PER OR 5520 PG 2109

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1956
Number of units 4
Building materials Block
Roof type Shingle
Listing Agency: REAL BROKER, LLC
Listed By: Blaine Wyker
Added: Apr 3 Changed: Sep 12 Last Checked: Oct 12 at 12:06AM
MLS# O6395487

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 2200 N Volusia Avenue in Orange City, this 3,068-square-foot mixed-use property combines a commercial component with three residential units on a 0.76-acre site. The commercial space is occupied by a restaurant and includes on-site parking, while the residential portion adds apartment accommodations within the same property. Block construction, a shingle roof, and public water service are in place, with septic tank sewer service. Heating and cooling include central systems along with wall and window units.

The property fronts N Volusia Avenue and sits in Volusia County between Deltona and DeLand. Its address places the commercial and residential components along a primary Orange City corridor, with customer access supported by the existing parking area. Built in 1956, the asset carries 01B4 zoning and offers a combination of commercial occupancy and residential units in one property.

Key Highlights

  • 3,068 square feet on a 0.76‑acre site
  • Three residential units included with the commercial component
  • Commercial space is occupied by a restaurant

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

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

212
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
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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 varied use.
Where is this mixed-use property located?
The property is located at 2200 N VOLUSIA Avenue 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: 3,068 square feet on a 0.76‑acre site; Three residential units included with the commercial component; Commercial space is occupied by a restaurant
More about this property
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