Retail Space with Outdoor
2840 Elkcam Blvd, Deltona, FL 32738
For Sale
Contact for pricing
An open interior is paired with a secured exterior area for storage.
Property Size7,160 SF
Lot Size1.15 Acres
Price / SF$206.01
Days on Market54
Property Features for 2840 Elkcam Blvd
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Outdoor Storage
Amenities
secured outdoor storage area
Building Details
Building Size
Listing Agency:
Foundry Commercial
Listed By:
Charles Attaway · License ##SL3547041
(407) 963-4064
Source:
Crexi
Added: Sep 17
Changed: Oct 26
Last Checked: Nov 8 at 7:37AM
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 Foundry Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,160-square-foot retail property has an open interior and a secured outdoor storage area on a 1.15-acre site. The building was previously occupied by Ace Hardware.
The property is in Deltona, Florida.
The property is in Deltona, Florida.
Key Highlights
- 7,160 SF of retail space with an open layout
- Secured outdoor storage area
- Situated on 1.15 acres in Deltona, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,436
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,348,720
$1.3M
Cap Rate 7%
$963,371
$963.4K
Cap Rate 9%
$749,289
$749.3K
Market Conditions
NOI Build-Up for 7,160 SF
Gross rent
$107.4K $15.00/SF
− Vacancy
−$11.1K −$1.55/SF
EGI
$96.3K $13.46/SF
− OpEx
−$28.9K −$4.04/SF
NOI
$67.4K $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%
$1,348,720
Cap Rate 7%
$963,371
Cap Rate 9%
$749,289
Alternative Uses
Best Use
Retail
$963.4K
$843.0K – $1.12M
NOI $67,436 @ 7.0% cap · market cap 4.57%
Second Best
Warehouse
$822.7K
$719.8K – $959.8K
NOI $57,586 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,782 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Explore this area
Business Placement
Demographics for 32738, FL
47,284
Population
16,965
Households
2.8
Avg Household Size
40
Median Age
18%
College-Educated
91%
High-School Grad
25.8 sq mi
ZIP Area
1,833
Density / Sq Mi
$76,394
Median Household Income
$39,348
Median Earnings
$1,608
Median Rent
$257,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Volusia County, FL
Properties on Market for Retail space in Volusia County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Retail space - An open interior is paired with a secured exterior area for storage.
Where is this retail space located?
The property is located at 2840 Elkcam Blvd Deltona, FL.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 7,160 SF of retail space with an open layout; Secured outdoor storage area; Situated on 1.15 acres in Deltona, Florida
