Flex Space with Adaptable
227 W Voorhis Avenue, Deland, FL 32720
For Sale
$224,900
Commercial Sale, DeLand, FL
Property Size2,440 SF
Lot Size0.25 Acres
Price / SF$92.17
Days on Market243
Property Features for 227 W Voorhis Avenue
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking features
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Condition
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Cooling system
Water source
Amenities
men's and women's restrooms
kitchen/break area
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 673-2100
Listed By:
Chad T Shultz
(928) 242-1990
Added: Mar 11
Changed: Oct 29
Last Checked: Nov 8 at 12:06AM
MLS# 1223994
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,440-square-foot flex building sits on 0.25 acres and was constructed in 1989 with block and concrete materials. The property has 10-foot interior ceilings, concrete flooring, wall-unit cooling, two restrooms, and a kitchen or break area. Interior partitions are non-load-bearing, allowing the floor plan to be modified for changing operational requirements. A shingle roof was installed in February 2026, while the interior requires updates or renovation.
The C-2 zoning, public water, public sewer, off-street parking, and on-site parking lot support a range of commercial configurations. Cable is available, and the building's existing improvements provide a functional starting point for a redesigned flex space.
The C-2 zoning, public water, public sewer, off-street parking, and on-site parking lot support a range of commercial configurations. Cable is available, and the building's existing improvements provide a functional starting point for a redesigned flex space.
Key Highlights
- 2,440‑square‑foot building on a 0.25‑acre lot
- 10‑foot interior ceilings with non‑load‑bearing partitions
- New shingle roof installed in February 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,527
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,540
$290.5K
Cap Rate 7%
$207,529
$207.5K
Cap Rate 9%
$161,411
$161.4K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$22.0K $9.00/SF
− Vacancy
−$1.2K −$0.50/SF
EGI
$20.8K $8.50/SF
− OpEx
−$6.2K −$2.55/SF
NOI
$14.5K $5.95/SF
Area
Volusia County, FL
Vacancy
5.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,540
Cap Rate 7%
$207,529
Cap Rate 9%
$161,411
Alternative Uses
Best Use
Flex RnD
$393.1K
$343.9K – $458.6K
NOI $27,515 @ 7.0% cap · market cap 12.23%
Second Best
Industrial
$207.5K
$181.6K – $242.1K
NOI $14,527 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$719.5K
$629.5K – $839.4K
NOI $50,362 @ 7.0% cap · market cap 22.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,665
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
$280,600
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Volusia County, FL
Properties on Market for Flex space in Volusia County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Gourmet Express Catering — 645 New York Ave W, DeLand, FL 32720
- BakeChop Events — 142 N Woodland Blvd, DeLand, FL 32720
- Firehouse Subs N. Woodland — 217 N Woodland Blvd, DeLand, FL 32720
- Wander Bar: Mobile Bartending and Cocktail Lounge — 208 N Woodland Blvd, DeLand, FL 32720
Frequently Asked Questions
What type of property is this?
Flex space - C-2 zoned commercial building with public water and sewer, restrooms, and space for interior renovation.
Where is this flex space located?
The property is located at 227 W Voorhis Avenue Deland, FL.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 2,440‑square‑foot building on a 0.25‑acre lot; 10‑foot interior ceilings with non‑load‑bearing partitions; New shingle roof installed in February 2026
