Two-Building Mixed-Use
2780 N VOLUSIA, Orange City, FL 32763
For Sale
New
$600,000
Separate shop, office, and residential areas are occupied under month-to-month tenancies.
Property Size4,576 SF
Lot Size0.61 Acres
Price / SF$130.15
Days on Market2
Property Features for 2780 N VOLUSIA
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Automotive
Service Bays
Automotive Uses
Tenancy & Operations
Tenant in Place
Real Estate Included
Taxes and HOA fees
Annual Taxes
Amenities
roll-up garage door
bedrooms
bathrooms
kitchenette
offices
Building Details
Building Size
Year Built
Buildings
Tenancy
Listed By:
Morgan Murray
(386) 748-4479
Source:
Elliman
Added: Nov 8
Last Checked: Nov 8 at 5:53PM
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 Morgan Murray
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Investment Insights
Based on property information with market context.
The property comprises two buildings totaling approximately 4,610 square feet on 0.61 acre. The 2,260-square-foot front building combines shop space with three bedrooms, two bathrooms, and a kitchenette. At the rear, a 2,350-square-foot building includes two offices, two bathrooms, and an automotive or trade bay. Both buildings have roll-up garage doors and have been occupied by their respective tenants for 11 years; the tenancies are month to month.
Both roofs were replaced in 2023, when the electrical panel was also updated. The rear building received a replacement A/C system in 2019. The site fronts US 17/92, with access to SR 472 and I-4, as well as routes to downtown DeLand and Orange City’s shopping and medical hub.
Both roofs were replaced in 2023, when the electrical panel was also updated. The rear building received a replacement A/C system in 2019. The site fronts US 17/92, with access to SR 472 and I-4, as well as routes to downtown DeLand and Orange City’s shopping and medical hub.
Key Highlights
- Two buildings totaling approximately 4,610 square feet on 0.61 acre
- Front building: 2,260 square feet with 3 bedrooms, 2 bathrooms, kitchenette, and shop space
- Rear building: 2,350 square feet with 2 offices, 2 bathrooms, and an automotive or trade bay
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,419
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,380
$868.4K
Cap Rate 7%
$620,271
$620.3K
Cap Rate 9%
$482,433
$482.4K
Market Conditions
NOI Build-Up for 4,610 SF
Gross rent
$69.2K $15.00/SF
− Vacancy
−$7.1K −$1.55/SF
EGI
$62.0K $13.46/SF
− OpEx
−$18.6K −$4.04/SF
NOI
$43.4K $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%
$868,380
Cap Rate 7%
$620,271
Cap Rate 9%
$482,433
Alternative Uses
Best Use
Mixed Use
$813.5K
$711.8K – $949.1K
NOI $56,945 @ 7.0% cap · market cap 9.49%
Second Best
Retail
$620.3K
$542.7K – $723.7K
NOI $43,419 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,150 @ 7.0% cap · market cap 15.86%
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
1
Service bays
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Hotels & Casinos 3%
RaceTrac
Shops & Services
22,236 visits/mo
0.5 miles
Circle K
Shops & Services
12,498 visits/mo
0.5 miles
Coggin Deland Ford
Shops & Services
3,823 visits/mo
0.1 miles
Days Inn
Hotels & Casinos
1,001 visits/mo
0.1 miles
Demographics for 32763, FL
23,391
Population
11,897
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
20.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$64,022
Median Household Income
$40,100
Median Earnings
$1,449
Median Rent
$239,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Volusia County, FL
Properties on Market for Mixed-use properties in Volusia County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate shop, office, and residential areas are occupied under month-to-month tenancies.
Where is this mixed-use property located?
The property is located at 2780 N VOLUSIA Orange City, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two buildings totaling approximately 4,610 square feet on 0.61 acre; Front building: 2,260 square feet with 3 bedrooms, 2 bathrooms, kitchenette, and shop space; Rear building: 2,350 square feet with 2 offices, 2 bathrooms, and an automotive or trade bay
