Single-Tenant Industrial Distribution
For Sale
Contact for pricing
2526 New York Ave W, Deland, FL 32720
Functional distribution layout with extensive dock-high loading, multiple drive-in doors, and full sprinkler coverage.
Property Size135,436 SF
Price / SF$75.76
Days on Market252
Property Features for 2526 New York Ave W
General Information
Standard status
Active
Size
135,436 SF
Class
C
Property subtype
Industrial
Occupancy
100%
Building Details
Year Built
1966
Listing Agency:
Colliers - New York, New York
Listed By:
Jimmy Ullrich · License #FL BK3073947
(212) 292-3134
Source:
Crexi
Added: Feb 9
Changed: Oct 15
Last Checked: Oct 19 at 5:27AM
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 Colliers - New York, New York
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Investment Insights
Based on property information with market context.
2526 W New York Avenue is a 135,436-square-foot single-tenant industrial warehouse built with metal construction. The facility is designed for distribution and truck loading, with 22 to 24-foot clear heights and a highly functional layout. Loading amenities include ample exterior dock-high doors, four oversized 14’ x 14’ drive-in doors, two exterior levelers, and two truck wells. The building also features full wet sprinkler coverage throughout and offers low coverage with ample industrial outdoor storage.
For receiving and outbound operations, the property provides more than 100 feet of access along the west side where most loading occurs, along with additional loading access on the south side. The site also includes on-site rail service, featuring a rail spur and rail spots, supporting multimodal logistics workflows.
This warehouse is well suited for a distribution, logistics, or warehousing operator seeking a single-tenant facility with robust truck loading and on-site rail capability. With substantial outdoor storage and full fire protection via wet sprinklers, the property supports day-to-day industrial operations requiring consistent throughput and flexible loading options.
For receiving and outbound operations, the property provides more than 100 feet of access along the west side where most loading occurs, along with additional loading access on the south side. The site also includes on-site rail service, featuring a rail spur and rail spots, supporting multimodal logistics workflows.
This warehouse is well suited for a distribution, logistics, or warehousing operator seeking a single-tenant facility with robust truck loading and on-site rail capability. With substantial outdoor storage and full fire protection via wet sprinklers, the property supports day-to-day industrial operations requiring consistent throughput and flexible loading options.
Key Highlights
- Single‑tenant 135,436 SF industrial warehouse with metal construction in DeLand, Florida
- 22 to 24‑foot clear heights with a highly functional distribution layout
- Extensive loading capacity: ample exterior dock‑high doors plus two exterior levelers and two truck wells
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$806,318
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,126,360
$16.1M
Cap Rate 7%
$11,518,829
$11.5M
Cap Rate 9%
$8,959,089
$9.0M
Market Conditions
NOI Build-Up for 135,436 SF
Gross rent
$1.22M $9.00/SF
− Vacancy
−$67.0K −$0.50/SF
EGI
$1.15M $8.50/SF
− OpEx
−$345.6K −$2.55/SF
NOI
$806.3K $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%
$16,126,360
Cap Rate 7%
$11,518,829
Cap Rate 9%
$8,959,089
Alternative Uses
Best Use
Warehouse
$15.56M
$13.62M – $18.15M
NOI $1,089,271 @ 7.0% cap · market cap 10.62%
Second Best
Industrial
$11.52M
$10.08M – $13.44M
NOI $806,318 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$39.93M
$34.94M – $46.59M
NOI $2,795,399 @ 7.0% cap · market cap 27.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Distribution center - Functional distribution layout with extensive dock-high loading, multiple drive-in doors, and full sprinkler coverage.
Where is this distribution center located?
The property is located at 2526 New York Ave W Deland, FL.
What is the asking price?
The asking price for this property is $10,260,000.
What are key features of this property?
This property features: Single‑tenant 135,436 SF industrial warehouse with metal construction in DeLand, Florida; 22 to 24‑foot clear heights with a highly functional distribution layout; Extensive loading capacity: ample exterior dock‑high doors plus two exterior levelers and two truck wells
