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    Mixed-Use Property in Deland, Florida Title is generated by Realmo AI

    309 S FLORIDA AVENUE, Deland, FL 32720

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    For Sale
    $999,900

    Mixed Use - DELAND, FL

    Type:Mixed Use
    Property size:
    12,228 SF
    Lot size:
    0.91 Acres
    Price / SF:
    $81/SF
    Added:
    May 29, 2026
    Days on Market:
    1
    Last Refresh:
    May 29 at 7:06 pm

    Property Features for 309 S FLORIDA AVENUE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Security features
    Security System
    Standard status
    Active
    APN
    701620010080
    Size
    12,228 SF
    Lot size
    0.91 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5644

    Building Details

    Year built
    1930
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Tracy Phillips, LLC

    Listing agent Tracy Phillips, LLC License #3308657

    Listing office COLDWELL BANKER REALTY 5965 Red Bug Lake Rd # 101, Plant City, FL

    Listing date May 29, 2026

    MLS# V4949349 Listing URL

    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.

    HighLights

    • Established auto repair business since 1972, boasting 12,228 sq. ft, 7 bays, and 6 car lifts
    • Versatile zoning on .91 acres: Light Manufacturing, Warehouse, Commercial, Office, and Residential
    • Three entry access points offer potential for multiple rental spaces
    • Equipment included (negotiable): commercial compressor, 6 lifts, motor lifts
    • Features waiting room, office, 2 bathrooms, parts room, upstairs apartment, storage areas, and 3 semi‑truck bays
    • Located near Downtown Deland, providing easy access to amenities

    Overview

    This mixed-use property, established in 1972, features 12,228 square feet of usable working space. Currently configured as an auto repair shop, it includes 7 bays and 6 car lifts. The sale includes two additional parcels. The combined .91-acre site offers diverse zoning options, including light manufacturing, warehouse, commercial, office space, and residential. The property provides three entry access points, facilitating the creation of separate rental spaces. Access is available from Voorhis Avenue, W New Street, and Florida Avenue. The main shop area comprises a waiting room, office, two bathrooms, a parts room, an upstairs apartment, and storage areas. Three large bays at the front of the building can accommodate a semi-truck. The Voorhis Avenue entrance leads to additional parking, 4 bays, and a bathroom in the back area. A vacant lot on the New Street side offers further parking. Located near downtown Deland, the property is within walking distance of restaurants, shops, and event venues. Equipment, including a commercial-sized compressor and 6 lifts, may be included in the sale.
    Location Intelligence

    Current Use by Public Records

    Don's Auto Repair Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Boulevard Tire Center Deland — 816 S Woodland Blvd, DeLand, FL 32720
    • L & D Auto Repair — 800 S Adelle Ave, DeLand, FL 32720
    • Hyy Tire LLc — 728 S Woodland Blvd, DeLand, FL 32720
    • Pep Boys — 722 S Woodland Blvd, DeLand, FL 32720
    • Expert Body Shop — 108 W Beresford Ave, DeLand, FL 32720

    Location Insight

    • Map
    • Local Demand
    City
    Deland
    County
    Volusia
    State
    Florida
    Longitude
    -81.305106
    Latitude
    29.024237

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    FAQs

    What type of property is this?
    Auto shop - Versatile property with multiple zoning options and potential rental income.
    Where is this auto shop located?
    The property is located at 309 S FLORIDA AVENUE Deland, FL.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: Established auto repair business since 1972, boasting 12,228 sq. ft, 7 bays, and 6 car lifts; Versatile zoning on .91 acres: Light Manufacturing, Warehouse, Commercial, Office, and Residential; Three entry access points offer potential for multiple rental spaces
    (386) 747-4914
    We can help!
    Listing Contact
    Tracy Phillips, LLC
    Real Estate License ID: 3308657
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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