Building Details

Year built 1988

Listing Agency: NextHome Realty Pros Show Phone

Listed By: Ron Hadd · License #3195406 Show Phone

Added: Aug 21 Changed: Sep 29 Last Checked: Oct 15 at 9:06AM

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MLS# V4948679

Copyright © 2026 NextHome, Inc. 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 mixed-use property contains 3,684 square feet and was built in 1988. Its current occupancy includes two businesses and four residents.

The offering comprises three parcels totaling 1 acre, with combined dimensions of approximately 200 by 200 feet.

Key Highlights

• 3,684 square feet of property space
• Current occupancy includes two businesses and four residents
• Three parcels totaling 1 acre, approximately 200' x 200'

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 (±1% cap)

NOI $45,507 @ 7.0% cap · market cap 3.96%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.09M

$950.5K – $1.27M (±1% cap)

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

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Current Use

Florida Rodeo, Inc Pet Store & Service Helen Behind The Chair Hair Salon SuperStar Salon Hair Salon Portia's Family Hair ... Hair Salon Hairstylist Monica Hair Salon

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Kitchen & Bath Showroom Nail Salon Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

171

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - The property currently serves both commercial businesses and residential occupants.

Where is this mixed-use property located?

The property is located at 360 South 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 feet of property space; Current occupancy includes two businesses and four residents; Three parcels totaling 1 acre, approximately 200' x 200'