DeLand Commercial Property For Sale

824 W New York Avenue Deland, FL 32720

Claim this Listing
For Sale
$585,000

COMMERCIAL - DeLand, FL

Type:Office
Property size:
2,807 SF
Lot size:
0.29 Acres
Price / SF:
$208/SF
Added:
Mar 17, 2025
Days on Market:
484
Last Refresh:
Jul 12 at 11:06 pm

Property Features for 824 W New York Avenue

General Information

Property type
Commercial Sale
Property subtype
Office
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

Building Details

Year built
1926

Listing agent Steven Koleno License #3469487

Listing office Beycome of Florida LLC 400 NW 26th St, Miami, FL

Listing date Mar 17, 2025

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.


Investment Insights

Based on property information with market context.

Located in Deland, Florida, the commercial property at 824 W New York Ave offers a versatile space suitable for various business ventures. The property features a well-maintained exterior and interior. It has ample parking and provides easy access. The property is situated in a bustling area, offering a dynamic environment for businesses. The lot size is 0.29 acres and the property size is 2807 square feet.

Key Highlights

  • Prime commercial property location at 824 W New York Ave, Deland, FL.
  • Excellent visibility and easy access.
  • Suitable for a variety of business ventures.

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 $60.6k $21.60
− Vacancy −$4.5k −$1.62
EGI $56.1k $19.98
− OpEx −$14.0k −$5.00
NOI $42.1k $14.99
2,807 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$600.9K
$525.8K – $701.1K (±1% cap)
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 (±1% cap)
NOI $57,936 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Suites Of New York Hotel & Motel

Suggested Use

Dental Office Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service

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

FAQs

What type of property is this?
Office building - Commercial property in a bustling area with excellent visibility.
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: Prime commercial property location at 824 W New York Ave, Deland, FL.; Excellent visibility and easy access.; Suitable for a variety of business ventures.
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