Corner Storefront
245 South Woodland Boulevard, Deland, FL 32724
For Sale
Contact for pricing
C-2A-zoned retail property on a walkable downtown commercial corridor with frontage along South Woodland Boulevard.
Property Size10,700 SF
Price / SF$167.29
Days on Market103
Property Features for 245 South Woodland Boulevard
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Lease Type
Site & Location
Corner Location
Highway Access
Road Access
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
Maury L. Carter & Associates Inc
Listed By:
Daryl Carter · License #FL 446269
Source:
Crexi
Added: Jul 29
Changed: Oct 30
Last Checked: Nov 6 at 6:44AM
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 Maury L. Carter & Associates Inc
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Investment Insights
Based on property information with market context.
This 10,700-square-foot storefront retail building was constructed in 1973 and is zoned C-2A City of DeLand. The property occupies a hard-corner position with frontage on South Woodland Boulevard, also designated US-17/92, providing direct street exposure and access for a retail operation.
The building is situated in Historic Downtown DeLand, an established commercial district featuring boutique retailers, restaurants, cafés, breweries, galleries, and professional offices. DeLand Commons, a 169-unit apartment community, is adjacent to the property, with established neighborhoods, new residential development, and a daytime employment base surrounding the site.
The building is situated in Historic Downtown DeLand, an established commercial district featuring boutique retailers, restaurants, cafés, breweries, galleries, and professional offices. DeLand Commons, a 169-unit apartment community, is adjacent to the property, with established neighborhoods, new residential development, and a daytime employment base surrounding the site.
Key Highlights
- 10,700‑square‑foot storefront retail building
- C‑2A City of DeLand zoning
- Hard‑corner location with frontage on South Woodland Boulevard (US‑17/92)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,778
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,015,560
$2.0M
Cap Rate 7%
$1,439,686
$1.4M
Cap Rate 9%
$1,119,756
$1.1M
Market Conditions
NOI Build-Up for 10,700 SF
Gross rent
$160.5K $15.00/SF
− Vacancy
−$16.5K −$1.55/SF
EGI
$144.0K $13.46/SF
− OpEx
−$43.2K −$4.04/SF
NOI
$100.8K $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%
$2,015,560
Cap Rate 7%
$1,439,686
Cap Rate 9%
$1,119,756
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,778 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.15M
$2.76M – $3.68M
NOI $220,848 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,625
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 39%
Home Improvements & Furnishings 13%
Checkers
Dining
9,003 visits/mo
0.2 miles
Shell
Shops & Services
9,000 visits/mo
0.5 miles
Firehouse Subs
Dining
8,924 visits/mo
0.5 miles
Ace Hardware of Deland LLC
Home Improvements & Furnishings
7,941 visits/mo
0.1 miles
Fairwinds Credit Union
Shops & Services
6,514 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
$283,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Volusia County, FL
Properties on Market for Storefront properties in Volusia County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Spring flowers and plants Inc — 302 S Woodland Blvd, DeLand, FL 32720
- Dorothy's There's No Place Like Home — 100 E New York Ave, DeLand, FL 32724
Frequently Asked Questions
What type of property is this?
Storefront property - C-2A-zoned retail property on a walkable downtown commercial corridor with frontage along South Woodland Boulevard.
Where is this storefront property located?
The property is located at 245 South Woodland Boulevard Deland, FL.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: 10,700‑square‑foot storefront retail building; C‑2A City of DeLand zoning; Hard‑corner location with frontage on South Woodland Boulevard (US‑17/92)
