Mixed-Use Property with
360 S LAKEVIEW Drive, Lake Helen, FL 32744
For Sale
$1,150,000
Commercial Sale, LAKE HELEN, FL
Property Size3,684 SF
Lot Size1.00 Acre
Price / SF$312.16
Days on Market199
Property Features for 360 S LAKEVIEW Drive
General Information
Property type
Property subtype
Zoning
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
NEXTHOME REALTY PROS
(386) 668-2626
Listed By:
"Ron" Hadd · License #3195406
(386) 717-1375
Added: Apr 23
Changed: Oct 29
Last Checked: Nov 7 at 12:06AM
MLS# V4948679
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.
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Investment Insights
Based on property information with market context.
The mixed-use property contains 3,684 square feet and spans three parcels totaling approximately 1 acre, with each parcel measuring 200 feet by 200 feet. Its current occupancy includes two businesses and four residents. The building dates to 1988 and has block and concrete construction, a metal roof, and central heating and air conditioning.
The property is zoned BUSINESS. Electricity is available, and sewer service is provided by a private septic system.
The property is zoned BUSINESS. Electricity is available, and sewer service is provided by a private septic system.
Key Highlights
- 3,684‑square‑foot building on approximately 1 acre
- Three parcels, each measuring 200 feet by 200 feet
- Current occupancy: two businesses and four residents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,507
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,140
$910.1K
Cap Rate 7%
$650,100
$650.1K
Cap Rate 9%
$505,633
$505.6K
Market Conditions
NOI Build-Up for 3,684 SF
Gross rent
$79.6K $21.60/SF
− Vacancy
−$6.8K −$1.84/SF
EGI
$72.8K $19.76/SF
− OpEx
−$27.3K −$7.41/SF
NOI
$45.5K $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%
$910,140
Cap Rate 7%
$650,100
Cap Rate 9%
$505,633
Alternative Uses
Best Use
Mixed Use
$650.1K
$568.8K – $758.5K
NOI $45,507 @ 7.0% cap · market cap 3.96%
Second Best
Retail
$495.7K
$433.7K – $578.3K
NOI $34,698 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$1.09M
$950.5K – $1.27M
NOI $76,038 @ 7.0% cap · market cap 6.61%
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
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
8,087 visits/mo
0.2 miles
Demographics for 32744, FL
3,789
Population
1,411
Households
2.7
Avg Household Size
51
Median Age
25%
College-Educated
89%
High-School Grad
13.6 sq mi
ZIP Area
279
Density / Sq Mi
$95,096
Median Household Income
$48,500
Median Earnings
$1,150
Median Rent
$371,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Current occupancy includes two businesses and four residents within the commercial and residential property.
Where is this mixed-use property located?
The property is located at 360 S LAKEVIEW Drive Lake Helen, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3,684‑square‑foot building on approximately 1 acre; Three parcels, each measuring 200 feet by 200 feet; Current occupancy: two businesses and four residents
