DeLand Commercial Corner
237 E PLYMOUTH Ave Deland, FL 32724
237 E PLYMOUTH Ave, Deland, FL, 32724
$360,000
For Sale
$360,000
Versatile commercial property near historic Downtown DeLand with excellent visibility.
Property Size2,418 SF
Lot Size0.16 Acres
Price / SF$148.88
Days on Market130
Property Features for 237 E PLYMOUTH Ave
General Information
- Standard status
- Active
- Size
- 2,418 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1936
Listing Agency
ORANGE SLICE PROPERTIES
(407) 221-2143
Listed by
Michelle Ausburn
(407) 221-2143
Source
Elliman
Added: Mar 10 Checked: Jul 15 at 11:19 pm
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 features C-1 zoning. The corner lot includes a 2,418-square-foot free-standing building with loft storage. Renovations completed in 2008 included new plumbing, electric, and a metal roof. The building has 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 location just 1.5 miles from historic Downtown DeLand in a desirable commercial corridor.
- C‑1 zoning offers versatile business opportunities.
- 2,418 total square feet including free‑standing building and loft storage.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.3k | $15.00 |
| − Vacancy | −$3.7k | −$1.55 |
| EGI | $32.5k | $13.46 |
| − OpEx | −$9.8k | −$4.04 |
| NOI | $22.8k | $9.42 |
2,418 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$325.3K
$284.7K – $379.6K
NOI $22,774 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$713.0K
$623.9K – $831.8K
NOI $49,908 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
A Crooked Stem Flowers
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Stetson Flowers — 850 n woodland blvd dept b, deland, fl 32720
FAQs
What type of property is this?
Storefront property - Versatile commercial property near historic Downtown DeLand with excellent visibility.
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 location just 1.5 miles from historic Downtown DeLand in a desirable commercial corridor.; C‑1 zoning offers versatile business opportunities.; 2,418 total square feet including free‑standing building and loft storage.
