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Versatile Commercial Property For Sale
For Sale
$325,000

800 S Adelle Ave, Deland, FL 32720

Multi-use property suitable for automotive or commercial ventures.

Property Size1,200 SF
Lot Size0.31 Acres
Price / SF$270.83
Days on Market223

Property Features for 800 S Adelle Ave

General Information

Standard status Active
Size 1,200 SF
Lot size 0.31 Acres

Building Details

Year Built 1968
Listing Agency: BUYING PARADISE LLC
Listed By: Scott McGrath · License #3480707
Source: Livewelltampabay
Added: Mar 11 Changed: Oct 5 Last Checked: Oct 7 at 2:08PM

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 BUYING PARADISE LLC

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Investment Insights

Based on property information with market context.

This .31-acre property is zoned to accommodate a variety of automotive and commercial uses. The zoning allows for general commercial uses. It is suitable for a mechanic, body shop, towing, and auto storage, or outside storage needs. Existing lifts are in good working order and will remain with the property. Cars will be removed. The property is zoned C-2 General Commercial, allowing for automotive uses and outdoor storage. It can be used as a business location or hobby storage location.

Key Highlights

  • Versatile .31‑acre property zoned for automotive and general commercial uses (C‑2).
  • Ideal for mechanic, body shop, towing, auto storage, or general commercial business.
  • Existing hydraulic lifts in good working order included.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,302
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,040 $226.0K
Cap Rate 7%
$161,457 $161.5K
Cap Rate 9%
$125,578 $125.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$18.0K $15.00/SF
− Vacancy
−$1.9K −$1.55/SF
EGI
$16.1K $13.46/SF
− OpEx
−$4.8K −$4.04/SF
NOI
$11.3K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,040
Cap Rate 7%
$161,457
Cap Rate 9%
$125,578

Alternative Uses

Best Use
Retail
$161.5K
$141.3K – $188.4K (±1% cap)
NOI $11,302 @ 7.0% cap · market cap 3.48%
Second Best
Industrial
$102.1K
$89.3K – $119.1K (±1% cap)
NOI $7,144 @ 7.0% cap · market cap 2.20%
Theoretical Best
Office A
$353.8K
$309.6K – $412.8K (±1% cap)
NOI $24,768 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

L & D Auto ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Storage Facility Computer & Electronic Repair Pharmacy

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

Location Intelligence

Trade Area within ½ mile

389
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Rickey's Auto Repair — 170 W Mansfield St, DeLand, FL 32720
  • Mc Graw's Body Shop — 107 Gilbert St, DeLand, FL 32724
  • Garage 267 Truck and Auto Repair Diesel Specialists LLC - DELAND — 1211 S Woodland Blvd Unit C, DeLand, FL 32720
  • Sapolis custom auto repair and exhaust llc — 1211 S Woodland Blvd Unit C, DeLand, FL 32720
  • Convertible Creations — 1211 S Woodland Blvd B, DeLand, FL 32724

Frequently Asked Questions

What type of property is this?
Auto shop - Multi-use property suitable for automotive or commercial ventures.
Where is this auto shop located?
The property is located at 800 S Adelle Ave Deland, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Versatile .31‑acre property zoned for automotive and general commercial uses (C‑2).; Ideal for mechanic, body shop, towing, auto storage, or general commercial business.; Existing hydraulic lifts in good working order included.
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