Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2010 Prescott Blvd Deltona, FL 32738

    Sponsored
    For Sale
    $160,000

    Lakefront Commercial Lot - $160,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    404
    This exceptional 116,305.2 square foot commercial land parcel presents a unique investment opportunity in Deltona, Florida. Located at 2010 Prescott Boulevard, this nearly three-acre property boasts a desirable lakefront position, offering picturesque views and potential for various commercial developments. The lot is partially cleared, simplifying site preparation. Access is provided via a private dead-end road, ensuring a tranquil setting while maintaining convenient proximity to city amenities. Existing infrastructure includes a newly completed fence, an electric pole, and a 40-foot shipping container, ideal for temporary storage during construction. The property's location in Volusia County, Florida, zip code 32738, offers excellent accessibility and visibility. Buyers are responsible for verifying all provided information. This is an exceptional opportunity to acquire a substantial commercial lot with significant development potential in a thriving Florida community. The asking price is $160,000. Coordinates: Latitude 28.898732, Longitude -81.205035.

    Property Features for 2010 Prescott Blvd

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Jamie Singleton

    Learn more

    Property Insight Report

    HighLights

    • 116,305.2 SF commercial lot in Deltona, FL.
    • Lakefront location on nearly 3 acres.
    • Partially cleared lot with convenient access via private dead‑end road.
    • Existing infrastructure includes a new fence, electric pole, and 40‑foot shipping container.
    • Located in Volusia County, FL (zip code 32738).
    • Asking price: $160,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Deltona
    County
    Volusia
    State
    Florida
    Longitude
    -81.205035
    Latitude
    28.898732

    Nearby Similar for Sale

    • $329,000
      27,299 SF

      Prime Corner Lots for Drive-Thru

      Two corner lots ideal for retail or drive-thru restaurant.
      000 Howland Blvd & Bluffview Blvd, Deltona, FL 32738
      View Details
    • $1,734,000
      9,026 SF

      Deltona Dollar General For Sale

      Corporate guaranteed NNN lease Dollar General in Deltona, Florida.
      3016 Howland Blvd, Deltona, FL 32725
      View Details
    • $978,900

      Commercial Plaza on Howland Blvd

      Commercial plaza with high traffic, development potential, and C-1 zoning.
      2820 Howland Blvd, Deltona, FL 32725
      View Details
    • $382,900

      Charming Duplex For Sale

      Duplex with fenced yard, perfect for homeowners and investors.
      366 Diamond St, Deltona, FL 32725
      View Details
    • $900,000

      Updated Commercial Property on Busy Street

      Updated commercial property suitable for office or retail use.
      1240 E Normandy Blvd, Deltona, FL 32725
      View Details
    • $750,000

      Updated Four-Unit Investment Property

      Deltona four-unit property with recent updates and income potential.
      102 Lullwater St, Deltona, FL 32725
      View Details
    • $4,500,000

      20-Unit Apartment Building For Sale

      20-unit apartment building with access to I-4, shopping, and eateries.
      530 Belltower Ave, Deltona, FL 32725
      View Details
    • $3,344,000
      8,450 SF

      Retail Property For Sale

      8,514 sqft retail property with $200,640 net operating income.
      121 Howland Blvd, Deltona, FL 32738
      View Details
    • $1,150,000
      5,088 SF

      Howland Blvd Retail Plaza Investment

      High-traffic Deltona retail plaza, owner financing available.
      2820 Howland Blvd, Deltona, FL 32725
      View Details
    • $725,000
      1,617 SF

      Howland Blvd Commercial Property

      Prime Deltona Mixed-Use Investment
      3085 Howland Blvd, Deltona, FL 32725
      View Details
    • $199,000
      0.42 Acres

      Prime Deltona Commercial Lot

      High-traffic corner lot, C-2 zoning.
      3710 Sandlor Dr, Deltona, FL 32738
      View Details
    • $800,000
      2,557 SF

      Deltona Commercial Property Investment

      High-traffic 1.38-acre mixed-use site.
      3086 Howland Blvd, Deltona, FL 32725
      View Details

    FAQs

    What type of property is this?
    Land - Lakefront Commercial Lot - $160,000
    Where is this land located?
    The property is located at 2010 Prescott Blvd Deltona, FL.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: 116,305.2 SF commercial lot in Deltona, FL.; Lakefront location on nearly 3 acres.; Partially cleared lot with convenient access via private dead-end road.
    Request Owner's contact information
    2010 Prescott Blvd Deltona, FL 32738
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2010 Prescott Blvd
    Deltona, FL 32738
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2010 Prescott Blvd Deltona, FL 32738
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jamie Singleton
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.