Medical Office with Exam
800 N STONE Street, Deland, FL 32720
For Sale
$450,000
Under Contract
Commercial Sale, DELAND, FL
Property Size1,786 SF
Lot Size0.32 Acres
Price / SF$251.96
Days on Market145
Property Features for 800 N STONE Street
General Information
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Subdivision
Lot features
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Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Condition
Taxes and HOA fees
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Building Details
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Flooring type
Building materials
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Buildings
Listing Agency:
CHARLES RUTENBERG REALTY ORLANDO
(407) 622-2122
Listed By:
Terry Bailey · License FL #0682718
(386) 801-9300
Added: Jun 21
Changed: Nov 12
Last Checked: Nov 12 at 6:06AM
MLS# V4949772
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.
This 1,786-square-foot medical office was built in 1987 and is configured with a reception area, waiting room, three exam rooms, and three private offices. Additional space includes a large work and supply room, a break room with a half bath, and two ADA bathrooms. Vinyl plank flooring runs throughout, and the building has a ramped accessible approach. Mechanical and exterior improvements include two HVAC systems, a tankless water heater, a new roof, exterior paint, and gutters. A 2026 forced-air system and one mini-split are also noted.
The property is near Advent Hospital in DeLand. Parking includes two handicap spaces, at least four additional spaces, and additional parking behind the building. Public water and sewer serve the property, and electricity is available. The current lease runs through August 15, 2026.
The property is near Advent Hospital in DeLand. Parking includes two handicap spaces, at least four additional spaces, and additional parking behind the building. Public water and sewer serve the property, and electricity is available. The current lease runs through August 15, 2026.
Key Highlights
- 1,786‑square‑foot medical office on a 0.32‑acre lot
- Three exam rooms, three private offices, and two ADA bathrooms
- Reception and waiting areas, work and supply room, and break room with half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,763
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,260
$535.3K
Cap Rate 7%
$382,329
$382.3K
Cap Rate 9%
$297,367
$297.4K
Market Conditions
NOI Build-Up for 1,786 SF
Gross rent
$38.6K $21.60/SF
− Vacancy
−$2.9K −$1.62/SF
EGI
$35.7K $19.98/SF
− OpEx
−$8.9K −$5.00/SF
NOI
$26.8K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,260
Cap Rate 7%
$382,329
Cap Rate 9%
$297,367
Alternative Uses
Best Use
Office B
$382.3K
$334.5K – $446.1K
NOI $26,763 @ 7.0% cap · market cap 5.95%
Second Best
Healthcare Medical
$371.2K
$324.8K – $433.0K
NOI $25,982 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$526.6K
$460.8K – $614.4K
NOI $36,863 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
966
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 32720, FL
33,568
Population
13,962
Households
2.4
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
66.3 sq mi
ZIP Area
506
Density / Sq Mi
$67,512
Median Household Income
$39,159
Median Earnings
$1,177
Median Rent
$280,600
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Volusia County, FL
Properties on Market for Medical Office Space in Volusia County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A 1,786-square-foot practice suite includes dedicated patient, clinical, staff, and administrative areas.
Where is this medical office space located?
The property is located at 800 N STONE Street Deland, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,786‑square‑foot medical office on a 0.32‑acre lot; Three exam rooms, three private offices, and two ADA bathrooms; Reception and waiting areas, work and supply room, and break room with half bath
