Freestanding Office
For Sale
$585,000
824 W New York Avenue, Deland, FL 32720
Commercial Sale, DeLand, FL
Property Size2,807 SF
Lot Size0.29 Acres
Price / SF$208.41
Days on Market581
Property Features for 824 W New York Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Directions
Head west on New York Ave from the intersection with N Woodland Blvd.
Subdivision
92 - Deland
Standard status
Active
APN
7017-02-05-0040
Size
2,807 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 4 BLK E STETSON HOME ESTATES DELAND MB 10 PG 79 PER OR 4332 PG 3843 PER OR 6413 PGS 0190-0191
Tax Annual Amount
2420
Legal Description
LOT 4 BLK E STETSON HOME ESTATES DELAND MB 10 PG 79 PER OR 4332 PG 3843 PER OR 6413 PGS 0190-0191
Building Details
Year built
1926
Listing Agency:
Beycome of Florida LLC
(804) 656-5007
Listed By:
Steven Koleno · License #3469487
(844) 239-2663
Added: Mar 17, 2025
Changed: Oct 2
Last Checked: Oct 18 at 6:06AM
MLS# 1210837
Copyright © 2026 Daytona Beach Area Association of Realtors. 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 freestanding office property contains 2,807 square feet on a 0.29-acre parcel. Built in 1926, the building offers an established commercial setting with a standalone configuration and on-site parking.
The property is located at 824 W New York Avenue in DeLand, Florida, within the 32720 postal area. Its address places the asset in Volusia County and provides a clearly identified location for office users seeking a DeLand property.
The property is located at 824 W New York Avenue in DeLand, Florida, within the 32720 postal area. Its address places the asset in Volusia County and provides a clearly identified location for office users seeking a DeLand property.
Key Highlights
- 2,807‑square‑foot office building
- 0.29‑acre commercial parcel
- Built in 1926
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,063
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,260
$841.3K
Cap Rate 7%
$600,900
$600.9K
Cap Rate 9%
$467,367
$467.4K
Market Conditions
NOI Build-Up for 2,807 SF
Gross rent
$60.6K $21.60/SF
− Vacancy
−$4.5K −$1.62/SF
EGI
$56.1K $19.98/SF
− OpEx
−$14.0K −$5.00/SF
NOI
$42.1K $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%
$841,260
Cap Rate 7%
$600,900
Cap Rate 9%
$467,367
Alternative Uses
Best Use
Office B
$600.9K
$525.8K – $701.1K
NOI $42,063 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$827.7K
$724.2K – $965.6K
NOI $57,936 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Established office property with on-site parking and a standalone commercial layout.
Where is this office building located?
The property is located at 824 W New York Avenue Deland, FL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 2,807‑square‑foot office building; 0.29‑acre commercial parcel; Built in 1926
