Renovated Commercial Building Near
For Sale
$360,000
237 E Plymouth Ave, Deland, FL 32724
Versatile, renovated commercial building with loft storage near downtown DeLand.
Property Size1,734 SF
Price / SF$207.61
Days on Market321
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Property Features for 237 E Plymouth Ave
General Information
Standard status
Active
Size
1,734 SF
Building Details
Year Built
1936
Listing Agency:
ORANGE SLICE PROPERTIES
Listed By:
Michelle Ausburn
(407) 221-2143
Source:
Chenoregroup
Added: Nov 28, 2025
Changed: Oct 5
Last Checked: Oct 7 at 5:19PM
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 ORANGE SLICE PROPERTIES
Investment Insights
Based on property information with market context.
Located 1.5 miles from historic Downtown DeLand, this property is zoned C-1 and offers visibility and convenience. The corner lot includes a free-standing building with a total of 2,418 square feet, including loft storage suitable for inventory, supplies, or workspace. A full renovation was completed in 2008, including new plumbing, electric, and a metal roof. The building is equipped with a half bath and three on-site parking spaces. Situated in one of DeLand's commercial corridors, this property offers potential for business growth.
Key Highlights
- Prime C‑1 Zoned Corner Lot Location: Offers excellent visibility and business potential.
- Close Proximity to Downtown DeLand: Located just 1.5 miles from the historic downtown area.
- Renovated Building: Full renovation completed in 2008, including new plumbing, electric, and metal roof.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,332
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,640
$326.6K
Cap Rate 7%
$233,314
$233.3K
Cap Rate 9%
$181,467
$181.5K
Market Conditions
NOI Build-Up for 1,734 SF
Gross rent
$26.0K $15.00/SF
− Vacancy
−$2.7K −$1.55/SF
EGI
$23.3K $13.46/SF
− OpEx
−$7.0K −$4.04/SF
NOI
$16.3K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,640
Cap Rate 7%
$233,314
Cap Rate 9%
$181,467
Alternative Uses
Best Use
Retail
$233.3K
$204.2K – $272.2K
NOI $16,332 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$511.3K
$447.4K – $596.5K
NOI $35,790 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
57k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 16%
Groceries 11%
Sunoco
Shops & Services
7,371 visits/mo
0.3 miles
SUBWAY
Dining
7,214 visits/mo
0.5 miles
Moe's Southwest Grill
Dining
6,590 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
6,450 visits/mo
0.3 miles
Save-A-Lot
Groceries
6,212 visits/mo
0.4 miles
Demographics for 32724, FL
40,559
Population
18,555
Households
2.2
Avg Household Size
45
Median Age
31%
College-Educated
92%
High-School Grad
83.8 sq mi
ZIP Area
484
Density / Sq Mi
$72,729
Median Household Income
$41,204
Median Earnings
$1,184
Median Rent
$283,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Stetson Flowers — 850 n woodland blvd dept b, deland, fl 32720
Frequently Asked Questions
What type of property is this?
Storefront property - Versatile, renovated commercial building with loft storage near downtown DeLand.
Where is this storefront property located?
The property is located at 237 E Plymouth Ave Deland, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Prime C‑1 Zoned Corner Lot Location: Offers excellent visibility and business potential.; Close Proximity to Downtown DeLand: Located just 1.5 miles from the historic downtown area.; Renovated Building: Full renovation completed in 2008, including new plumbing, electric, and metal roof.
