Church Facility with Flexible
For Sale
$1,300,000
301 W BLUE SPRINGS Avenue, Orange City, FL 32763
Commercial Sale, ORANGE CITY, FL
Property Size8,300 SF
Lot Size1.45 Acres
Price / SF$156.63
Days on Market23
Property Features for 301 W BLUE SPRINGS Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
D A V
Directions
From Deltona, Take Saxon Blvd to Enterprise, Turn Right n Woodland Blvd. Turn Left on W Blue Springs Ave.
Standard status
Active
APN
8010-25-00-0010
Size
8,300 SF
Lot size
1.45 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 1 D.A.V. MB 49 PG 98 PER OR 6443 PG 4681 PER OR 6614 PG 3790 PER OR 6735 PG 0319
Tax Annual Amount
1219
Legal Description
LOT 1 D.A.V. MB 49 PG 98 PER OR 6443 PG 4681 PER OR 6614 PG 3790 PER OR 6735 PG 0319
Utilities
Cooling system
Central Air
Building Details
Year built
1980
Building materials
Block, Log
Listing Agency:
UNITED REAL ESTATE PREFERRED
(407) 243-8840
Listed By:
Jean-Claude Morin · License #3419346
(386) 402-3210
Added: Aug 3
Changed: Aug 24
Last Checked: Aug 25 at 7:06AM
MLS# V4950499
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8,300-square-foot church facility sits on 1.45 acres and is currently used for worship services and assembly functions. The interior is organized into two primary sections with combined capacity for over 300 occupants, along with a 1,600-square-foot multipurpose area that can support classrooms, gatherings, or child care activities. A commercial kitchen is also included, equipped for large-scale meal preparation and events.
The property provides over 45 designated parking spaces, including accessible parking near the main entrance, plus overflow capacity for 60+ vehicles. Central air supports the building, which was constructed in 1980 with block and log materials. The location is in Volusia County near major highways and local hospitals. The facility may accommodate uses identified in the source information, including daycare, assisted living, medical office, and general office functions.
The property provides over 45 designated parking spaces, including accessible parking near the main entrance, plus overflow capacity for 60+ vehicles. Central air supports the building, which was constructed in 1980 with block and log materials. The location is in Volusia County near major highways and local hospitals. The facility may accommodate uses identified in the source information, including daycare, assisted living, medical office, and general office functions.
Key Highlights
- 8,300 square feet on 1.45 acres
- Two main sections with capacity for over 300 occupants
- 1,600 sq. ft. multipurpose area for classrooms, gatherings, or child care
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,246
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,264,920
$1.3M
Cap Rate 7%
$903,514
$903.5K
Cap Rate 9%
$702,733
$702.7K
Market Conditions
NOI Build-Up for 8,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$128.5K $15.48/SF
− Vacancy
−$13.5K −$1.63/SF
EGI
$115.0K $13.85/SF
− OpEx
−$51.7K −$6.23/SF
NOI
$63.2K $7.62/SF
Area
Volusia County, FL
Vacancy
10.50%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,264,920
Cap Rate 7%
$903,514
Cap Rate 9%
$702,733
Alternative Uses
Best Use
Office B
$1.78M
$1.55M – $2.07M
NOI $124,376 @ 7.0% cap · market cap 9.57%
Second Best
Healthcare Medical
$1.72M
$1.51M – $2.01M
NOI $120,745 @ 7.0% cap · market cap 9.29%
Theoretical Best
Office A
$2.45M
$2.14M – $2.86M
NOI $171,312 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - The property includes a commercial kitchen, central air, and parking for visitors and occupants.
Where is this church & religious facility located?
The property is located at 301 W BLUE SPRINGS Avenue Orange City, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 8,300 square feet on 1.45 acres; Two main sections with capacity for over 300 occupants; 1,600 sq. ft. multipurpose area for classrooms, gatherings, or child care
