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De Leon Springs Commercial Opportunity

4930 Highway 17 De Leon Springs, FL 32130

4930 Highway 17, De Leon Springs, FL, 32130
$399,000
For Sale
$399,000

High-visibility commercial building on US-17 in De Leon Springs.

Property Size1,815 SF
Lot Size0.67 Acres
Price / SF$219.83
Days on Market262

Property Features for 4930 Highway 17

General Information

Standard status
Active
Size
1,815 SF
Lot size
0.67 Acres
Property subtype
Commercial Sale / Mixed Use

Building Details

Year Built
1949
Listing Agency PRIMEFIT PROPERTIES LLC
Listed by Nick Vaseloff · License #3571295
Source Compass
Added: Oct 31, 2025 Checked: Jul 10 at 12:21 pm

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 PRIMEFIT PROPERTIES LLC


Investment Insights

Based on property information with market context.

This commercial property is located on US-17 in De Leon Springs. The vacant building has 2,302 SF and sits on a 0.67-acre corner lot. It is zoned B-4 Commercial, allowing for a wide range of retail, office, and service-based uses. The property offers frontage and accessibility along a major corridor connecting DeLeon Springs and DeLand. The existing structure provides a flexible layout that can be adapted for retail, office, or specialty commercial use. The site also offers potential for expansion, additional parking, or redevelopment. The property is located in a growing area with increasing commercial activity.

Key Highlights

  • High‑visibility location on US‑17 in a growing commercial area.
  • B‑4 Commercial zoning allows for a wide range of uses (retail, office, service).
  • 2,302 SF vacant building on a 0.67‑acre corner lot.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $39.2k $21.60
− Vacancy −$2.9k −$1.62
EGI $36.3k $19.98
− OpEx −$9.1k −$5.00
NOI $27.2k $14.99
1,815 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$388.5K
$340.0K – $453.3K (±1% cap)
NOI $27,198 @ 7.0% cap · market cap 6.82%
Second Best
Mixed Use
$320.3K
$280.3K – $373.7K (±1% cap)
NOI $22,420 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$535.2K
$468.3K – $624.4K (±1% cap)
NOI $37,462 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Building Supply Law Firm Auto Parts Store Auto Repair Shop HVAC Service Spa & Massage Center Garden Center Big Box & Wholesale Store Cafe & Coffee Shop Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Mixed-use property - High-visibility commercial building on US-17 in De Leon Springs.
Where is this mixed-use property located?
The property is located at 4930 Highway 17 De Leon Springs, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: High‑visibility location on US‑17 in a growing commercial area.; B‑4 Commercial zoning allows for a wide range of uses (retail, office, service).; 2,302 SF vacant building on a 0.67‑acre corner lot.
Contact an agent
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