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    Profitable Franchise in DeLand, FL Title is generated by Realmo AI

    2369 S Woodland Boulevard, Deland, FL 32720

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    For Sale
    $159,000

    Established Jeremiah’s Italian Ice franchise in high-traffic DeLand location.

    Type:BO
    Added:
    Jul 3, 2025
    Days on Market:
    335
    Last Refresh:
    Apr 3 at 4:54 am

    Property Features for 2369 S Woodland Boulevard

    General Information

    Standard status
    Active
    Property subtype
    BO

    Building Details

    Year Built
    2019

    We can help!

    Listing Contact
    Jennifer Salgado Torres

    Listing agent Jennifer Salgado Torres

    Listing office La Rosa CRE, LLC

    Listing date Jul 3, 2025

    Source Realnex

    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 La Rosa CRE, LLC

    HighLights

    • Established and profitable Jeremiah’s Italian Ice franchise with a proven, income‑generating business model.
    • High‑traffic location with excellent visibility in a shopping center on a main road, surrounded by strong national anchor tenants.
    • Fully equipped and turnkey operation with trained staff in place.
    • Franchise training and ongoing corporate support included for the new owner.
    • Assumable lease, reducing initial investment and simplifying the acquisition process.
    • Strong brand recognition and marketing assistance provided by the Jeremiah's Italian Ice corporate.

    Overview

    This is an opportunity to acquire an established and profitable Jeremiah’s Italian Ice franchise located in a shopping center on a main road in DeLand, FL. The location benefits from high traffic and excellent visibility, with nearby national retailers including Chick-fil-A, Starbucks, Publix, and Chipotle. The business is fully equipped and turnkey, with trained staff in place. Franchise training is included for the new owner. This may be suitable for local or foreign investors seeking an income-generating business. Real estate is not included; the lease is assumable. Prospective buyers must be approved by Jeremiah’s Italian Ice Corporate. The franchise has an established and loyal customer base, corporate training and ongoing support, strong brand recognition and marketing assistance, and a lower entry cost compared to opening a new franchise. This Jeremiah’s location is suited for a new owner who can dedicate time and passion to its daily operations and future growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jeremiah's Italian Ice Grocery & Convenience Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Starbucks — 2417 S Woodland Blvd, DeLand, FL 32720
    • 7 Brew Coffee — 2597 S Woodland Blvd, DeLand, FL 32720

    Location Insight

    • Map
    • Local Demand
    City
    Deland
    County
    Volusia
    State
    Florida
    Longitude
    -81.2974043
    Latitude
    28.9874922

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    FAQs

    What type of property is this?
    Coffee shop - Established Jeremiah’s Italian Ice franchise in high-traffic DeLand location.
    Where is this coffee shop located?
    The property is located at 2369 S Woodland Boulevard Deland, FL.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: Established and profitable Jeremiah’s Italian Ice franchise with a proven, income‑generating business model.; High‑traffic location with excellent visibility in a shopping center on a main road, surrounded by strong national anchor tenants.; Fully equipped and turnkey operation with trained staff in place.
    We can help!
    Listing Contact
    Jennifer Salgado Torres
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2369 S. Woodland Boulevard, DeLand, FL 32720
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