Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1200 Stone St Deland, FL 32720-2511

    • Assisted living facilities
    • 40,832 SF
    • 7.98 lot acres
    OFF-MARKET
    Last Sale
    Jun 30, 2025
    $10,000
    Value Estimations
    $6,860,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0100467
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ridgecrest Health and Rehab Center / Nursing Home
    • HANSON NGUYEN / Pediatrician / Physician

    Property Details for 1200 Stone St

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    7.98 lot acres
    Property size
    40,832 SF
    Zone code
    B1
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    7005-00-00-0045
    APU
    700500000045

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,628,000
      Market price range: $539k - $5.63M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $9,305,000
      Current use
      AUTO REPAIR, GARAGE
      $10,145,000
      Change: +9% Conversion: Difficult
      RESTAURANT
      $9,480,000
      Change: +2% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $7,995,000
      Change: -14% Conversion: Difficult
      MEDICAL BUILDING
      $7,595,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Deland
    County
    Volusia
    State
    Florida
    Longitude
    -81.3178
    Latitude
    29.0491
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $107,863
    $1,800,000
    $6,885,652
    $8,685,652
    -
    $1,800,000
    $6,885,652
    $8,685,652

    Comparable in this City

    • Value Estimation by Request
      0.72 Acres

      109 Chipola Ave

      HOMES (RETIRED, NURSING) • 0.72 Acres
      109 Chipola Ave, Deland, FL 32720
      View Details
    • Value Estimation
      $1,820,000
      61,411 SF

      120 Chipola Ave

      HOMES (RETIRED, NURSING) • 61,411 SF
      120 Chipola Ave, Deland, FL 32720-7704
      View Details
    • Value Estimation by Request
      3,948 SF

      768 Dexter Ave

      HOMES (RETIRED, NURSING) • 3,948 SF
      768 Dexter Ave, Deland, FL 32720-6618
      View Details
    • Value Estimation by Request
      1,960 SF

      1771 Minnesota Ave

      HOMES (RETIRED, NURSING) • 1,960 SF
      1771 Minnesota Ave, Deland, FL 32720-2645
      View Details
    • Value Estimation by Request
      2,495 SF

      548 Euclid Ave

      HOMES (RETIRED, NURSING) • 2,495 SF
      548 Euclid Ave, Deland, FL 32720-6708
      View Details
    • Value Estimation
      $1,395,000
      52,829 SF

      1210 Stone St

      HOMES (RETIRED, NURSING) • 52,829 SF
      1210 Stone St, Deland, FL 32720-0915
      View Details

    Similar Nearby for Sale

    • $4,931,550
      1,200 SF

      Prime DeLand Office Building

      Modern Office Space, 12 Units Available
      425 Woodland Blvd, DeLand, FL 32720
      View Details
    • $79,900
      Pending

      Residential Land in Lake Forest

      0.27-acre lot in DeLand's Lake Forest neighborhood.
      2602 Lake Forest Dr, Deland, FL 32720
      View Details
    • $100,000
      Pending

      Land Parcel in Deland, Florida

      Land being subdivided, offering a slice of idyllic landscape.
      Grand Ave, Deland, FL 32720
      View Details
    • $30,000
      0.13 Acres

      Residential Lot in DeLand, FL

      Residential lot for new construction or investment in DeLand.
      331 W Walts Ave, Deland, FL 32720
      View Details
    • $1,000,000
      5.00 Acres

      Deland Commercial Land - 5 Acres

      Prime 5-acre commercial lot in DeLand, FL. High-traffic location.
      0 Spring Garden Ave, DeLand, FL 32720
      View Details
    • $149,900
      2,813 SF

      DeLand Commercial Opportunity For Sale

      Commercial facility in DeLand, suitable for restaurant, retail, or office.
      410 W Beresford Ave, Deland, FL 32720
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      15,174 SF

      Woodland Blvd Commercial Space

      DeLand, FL: Retail, Office, Medical
      425 Woodland Blvd, DeLand, FL 32720
      View Details
    • $30,000

      DeLand Commercial Space For Rent

      Commercial space near Downtown DeLand, suitable for various businesses.
      209 S Florida Ave, Deland, FL 32720
      View Details
    • $475 /Mo

      Historic Downtown DeLand Executive Suites

      Executive suites in historic Landis Fish Building, Downtown DeLand.
      110 W Indiana Ave, Deland, FL 32720
      View Details
    • $33,120

      Prime Commercial Space For Lease

      1,840 +/- SQ FT on High-Traffic Road
      1105 S Woodland Blvd, Deland, FL 32720
      View Details
    • $16,560 /Mo

      Versatile Commercial Space For Lease

      920 SF mixed-use space with main road frontage.
      1103 S Woodland Blvd, Deland, FL 32720
      View Details
    • $750 /Mo
      300 SF

      Deland Executive Suite Available

      Deland Executive Suites Available
      1025 W. New York Ave, DeLand, FL 32720
      View Details
    Request Owner's contact information
    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.
    1200 Stone St
    Deland, FL 32720-2511
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!