Entity Owned 
For Lease
1 / 13
Contact for pricing
110 W Indiana Ave, Deland, FL 32720
View Listing →
Property summary
AI-generated overview
This exceptional opportunity presents four executive office suites for lease within the historic Landis Fish Building, located at 110 W Indiana Ave, DeLand, FL 32720. The 6,760 square foot, two-story Class B building, constructed in 1908, sits on a 0.09-acre lot (APN: 7009-01-03-0023) and is zoned C2H. Suites are available on both the first and second floors, with a minimum leasable space of 144 square feet. Shared amenities include a conference table, breakroom, and bathroom. The convenient location offers easy access to Stetson University and the Volusia County Courthouse, as well as nearby street-side retail. All utilities and operating expenses are included in the lease rate. Optional janitorial services are available for an additional $50 per month. This property is ideally suited for a variety of professional service businesses, including accounting, legal, and insurance firms. The building consists of one structure in Volusia County.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1908
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,760 SF
Lot
0.09 ac (4,000 SF)
Zoning code
C2
APN
7009-01-03-0023
UPID
US19-0525346
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
Corporate Office
-
Engineering Consultant Architect
-
Insurance Agency
-
Golf Course
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.17M
Owner & transaction history
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C2 · Deland, FL
Top alternative use upside
Auto repair, garage
$1.7M
+26.9%
Restaurant
$1.6M
+18.6%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.17M
Value range
$1.05M – $1.28M
±10% around blend
Estimated value / SF
$172 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
$1.05M
blend $1.17M
$1.28M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,760 SF
Lot area
0.09 ac
Year built
1908
Stories
2
APN
7009-01-03-0023
Zoning
C2
Assessed value
$938,829
Annual tax
$17,605
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.29M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.39M
@ 6.5% CAP return
$1.29M
@ 7% CAP return
$1.20M
4
Sales comparison
Partial preview
Sales approach indication
$704k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.5 mi away · 7,191 SF
21.1 mi away · 5,266 SF
21.2 mi away · 5,170 SF
23.2 mi away · 6,583 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.17M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 49 sales
$196
-12%
Submarket 78 sales
$185
-7%
County 625 sales
$196
-12%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $172/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+27%
vs current-use indication
Restaurant
Commercial (general) · current use
Medical Building
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Implied cap rate
7.20%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.20%
9.0%
NOI (est.)
$89k *
Last sale · Mar 2022
$1.28M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.24M
Move the market yield to see immediate price impact.
Value / SF
$183
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.70%7.20%7.70%
$80k
$1.20M
$1.12M
$1.04M
$89k
$1.33M
$1.24M
$1.16M
$98k
$1.47M
$1.36M
$1.28M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$300k
15.0 mi · Apr 2026 · $56/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,605
Tax year 2023
Assessed value
$938,829
Assessed 2023
Previous assessed
$866,734
+8.3% YoY
Effective rate
1.88%
On assessed value
Assessed land
$140,000
Assessed improvement
$798,829
Land market value
$140,000
Improvement market value
$798,829
Total market value
$938,829
Applied tax rate
12.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1908
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
3
Total area
6,760 SF
Lot
0.09 ac (4,000 SF)
Zoning code
C2
APN
7009-01-03-0023
UPID
US19-0525346
Jurisdiction
VOLUSIA
Zoning & alternative use
C2 · Deland, FLZoning C2 · permitted uses
C2 · Deland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1908
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Deland, FL
Recorded code
C2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Deland, FL.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Get access to Data & Analytics
Choose membership plan that suits your needs
Unlock Full Report
$9
one-time
Single Property Report
Full report includes
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
MOST POPULAR
Professional Plan
$99
/mo
30 property reports a month.
Cancel anytime.
Cancel anytime.
Your membership includes
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Enterprise Plan
$299
/mo
300 property reports a month.
Cancel anytime.
Cancel anytime.
Your membership includes
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Unlock Light Report
Free
Confirm your email
and get 1 Light Report
and get 1 Light Report
Light report includes
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
Confirm your e-mail to get the report
