Mixed-Use Property with Residential
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 Market143
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
Wall/Window Unit(s), Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1956
Number of units
4
Building materials
Block
Roof type
Shingle
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
Blaine Wyker
(386) 479-0456
Added: Apr 3
Changed: Aug 20
Last Checked: Aug 23 at 2:06AM
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.
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 = 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
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
212
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 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
