7-Unit Neighborhood Retail
For Sale
$1,200,000
2820 HOWLAND BLVD, Deltona, FL 32725
C-1 zoning accommodates neighborhood retail, professional office, and personal-service uses.
Property Size4,460 SF
Lot Size0.34 Acres
Price / SF$269.06
Days on Market133
Property Features for 2820 HOWLAND BLVD
General Information
Standard status
Active
Size
4,460 SF
Total Parking Spaces
18
Lot size
0.34 Acres
Property subtype
Retail
Zoning
C-1
Additional Details
Frontage
100 ft
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,575
Building Details
Building Size
4,460 SF
Year Built
1991
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Coastal Ventures Real Estate
Listed By:
Ashley Flatley · License #3361969
(904) 315-8547
Source:
Coastalventures
Added: Jun 16
Changed: Oct 26
Last Checked: Oct 26 at 3:46PM
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 Coastal Ventures Real Estate
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Investment Insights
Based on property information with market context.
This two-story, 7-unit retail center contains 4,460+- SF on 0.34+- acres. Six units are on the ground floor, with one additional unit upstairs. A garage and separate storage space add to the building’s utility, and a metal roof was installed approximately three years ago. The current tenants occupy the property on month-to-month leases.
The property has approximately 100 feet of frontage along Howland Boulevard in Deltona, with 18 parking spaces. I-4 is minutes away, and the 277-unit Catalina Pointe residential development is less than a block from the site. C-1 zoning allows neighborhood retail, professional office, and personal-service uses.
The property has approximately 100 feet of frontage along Howland Boulevard in Deltona, with 18 parking spaces. I-4 is minutes away, and the 277-unit Catalina Pointe residential development is less than a block from the site. C-1 zoning allows neighborhood retail, professional office, and personal-service uses.
Key Highlights
- 7 units: six on the ground floor and one on the second floor
- 4,460+- SF building on 0.34+- acres
- Approximately 100 feet of frontage on Howland Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,092
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,840
$1.1M
Cap Rate 7%
$787,029
$787.0K
Cap Rate 9%
$612,133
$612.1K
Market Conditions
NOI Build-Up for 4,460 SF
Gross rent
$96.3K $21.60/SF
− Vacancy
−$8.2K −$1.84/SF
EGI
$88.1K $19.76/SF
− OpEx
−$33.1K −$7.41/SF
NOI
$55.1K $12.35/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,840
Cap Rate 7%
$787,029
Cap Rate 9%
$612,133
Alternative Uses
Best Use
Mixed Use
$787.0K
$688.7K – $918.2K
NOI $55,092 @ 7.0% cap · market cap 4.59%
Second Best
Retail
$600.1K
$525.1K – $700.1K
NOI $42,007 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$1.32M
$1.15M – $1.53M
NOI $92,054 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
11,962 visits/mo
0.1 miles
Demographics for 32725, FL
50,435
Population
19,177
Households
2.6
Avg Household Size
42
Median Age
22%
College-Educated
91%
High-School Grad
23.1 sq mi
ZIP Area
2,183
Density / Sq Mi
$70,801
Median Household Income
$40,970
Median Earnings
$1,533
Median Rent
$255,700
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Winn Dixie, 2880 Howland Blvd, Deltona, FL 32725
Frequently Asked Questions
What type of property is this?
Shopping center - C-1 zoning accommodates neighborhood retail, professional office, and personal-service uses.
Where is this shopping center located?
The property is located at 2820 HOWLAND BLVD Deltona, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7 units: six on the ground floor and one on the second floor; 4,460+- SF building on 0.34+- acres; Approximately 100 feet of frontage on Howland Boulevard
