Property profile

1240 E Normandy Blvd Deltona, FL 32725

FOR SALE
Medical Office Space
Property ID
US18-6166972
3,617 SF 0.34 ac lot Built 1981
Individually Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

1240 E Normandy Blvd, Deltona, FL presents a compelling investment opportunity. This 3,617 square foot office building sits on a 0.3-acre lot, offering excellent visibility and accessibility within a bustling commercial district. The property's strategic location ensures high traffic volume and exposure, making it ideal for a variety of commercial ventures. The flexible zoning allows for diverse uses, catering to the needs of a broad range of businesses. Whether you envision a retail establishment, professional offices, or another commercial application, this property provides the space and adaptability to accommodate your vision. The asking price is $900,000. This represents a significant opportunity to establish a strong presence in a growing market, benefiting from the area's ongoing development and economic expansion. The ample square footage provides room for expansion or the potential to subdivide the space for multiple tenants. The property's location in Deltona, FL, offers convenient access to major transportation routes and a robust local economy, making it an attractive proposition for both established businesses and new ventures seeking a foothold in a thriving community. Serious inquiries are encouraged.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,617 SF
Lot 0.34 ac (15,000 SF)
Zoning code B
APN 8132-01-01-0030
UPID US18-6166972

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
  • Physician
  • Medical Clinic
  • Accounting Firm Tax Preparation
  • Real Estate Agency Coworking & Hybrid Office

Location

1240 E Normandy Blvd Deltona, FL 32725
Deltona metro Census 91028 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2019
$375,000
1969
Price N/A

Zoning & alternative use

B · Deltona, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
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