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    865 New York Ave DeLand, FL 32720

    Sponsored
    For Sale
    $3,200,000

    Prime 40,494 SF Flex Warehouse

    Property size:
    40,494 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional DeLand, Florida property offers 40,494 square feet of versatile space, ideally suited for a variety of commercial uses. Located at 865 W New York Ave (SR 44), this freestanding building sits on a 2.73-acre lot and boasts 128 feet of frontage, ensuring high visibility. Built in 1961, the masonry structure with a steel core features a 16-foot ceiling height, a fire sprinkler system, and ample parking (80+ spaces, plus approximately 20 shared spaces). The interior includes finished office space, open warehouse areas, storage, and nine restrooms. The property is divisible and offers potential for condominium conversion. Its prime location offers easy access to I-4, Downtown DeLand's Historic Garden District, AdventHealth DeLand Hospital, Stetson University, and DeLand's city center. The property also presents opportunities for out-parcel development and drive-through configurations. Four ingress/egress points enhance accessibility. Current survey, Phase I environmental, and structural reports are available. The asking price is $3,200,000, and lease options are negotiable. The property's zoning information is available upon request. This is a value-add opportunity with potential for commercial retail, service, and storage uses.

    Property Features for 865 New York Ave

    General Information

    Property type
    Flex space
    Square Feet
    40,494 SF
    Lot Size
    118,919 SF

    Building Details

    Year Built
    1961

    HighLights

    • 40,494 SF freestanding building on a 2.73‑acre lot in DeLand, FL.
    • High‑visibility location at 865 W New York Ave (SR 44) with 128 feet of frontage.
    • 1961 masonry/steel construction with 16' ceilings, fire sprinklers, and ample parking (100+ spaces).
    • Divisible interior with office space, warehouse, storage, and nine restrooms; potential for condo conversion.
    • Excellent location near I‑4, Downtown DeLand, AdventHealth DeLand Hospital, Stetson University, and offers out‑parcel & drive‑through potential.
    • $3,200,000 asking price; lease options available; current survey, Phase I, and structural reports available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    DeLand
    County
    Volusia
    State
    Florida
    Longitude
    -81.319527
    Latitude
    29.0289636

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    FAQs

    What type of property is this?
    Flex space - Prime 40,494 SF Flex Warehouse
    Where is this flex space located?
    The property is located at 865 New York Ave DeLand, FL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 40,494 SF freestanding building on a 2.73-acre lot in DeLand, FL.; High-visibility location at 865 W New York Ave (SR 44) with 128 feet of frontage.; 1961 masonry/steel construction with 16' ceilings, fire sprinklers, and ample parking (100+ spaces).
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    865 New York Ave DeLand, FL 32720
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    DeLand, FL 32720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    865 New York Ave DeLand, FL 32720
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