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Property profile & analytics
OFF-MARKET Estimated value $1,640,000
Warehouses

1307 Saratoga St Deland, FL 32724-8505

13,300 SF 1.31 ac lot Built 2009
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US18-3419498
Property summary
AI-generated overview

This exceptional 10,500 square foot industrial property, situated on a 1.31-acre lot at the DeLand Airport, presents a compelling investment opportunity. Constructed in 2010, the building comprises five individual units, each designed for efficient use with dimensions of approximately 30' wide by 50' deep. Eight roll-up doors (five measuring 12' x 14' and three measuring 10' x 8') provide convenient access. The building features a 20' eave height and a sloped metal roof. HVAC systems are installed in 4,500 square feet of industrial space and the 3,000 square foot upstairs apartment. Each unit includes a half-bath, while the owner's industrial space boasts a full bath. The property also includes a substantial 3,000 square foot, four-bedroom, 4.5-bathroom apartment, complete with its own emergency generator. The entire property is gated and fully fenced, offering ample space for additional parking or future building expansion. Individual electric meters and a single water meter ensure efficient utility management. This fee-simple land ownership provides complete control, independent of the City of Deland. All current leases are short-term, presenting a unique value-add opportunity for an investor or an ideal space for an end-user. This property offers a rare combination of size, location, and features, making it an attractive investment in a thriving area.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2009
Construction WOOD
Total area 13,300 SF
Lot 1.31 ac (57,150 SF)
Zoning code M-1
APN 6034-00-00-0107
UPID US18-3419498
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.64M
CAP Approach CAP
$1.65M
Comparable Approach Comparable
$1.64M
Blend (final) Blend
$1.64M
Owner & transaction history
Grzanka LLC · 2 yrs held
Grzanka LLC
since 2024
Last sale
$1.6M
3 recorded transactions
2024
$1.6M
2023
Price N/A
2023
Price N/A
Zoning & alternative use
M-1 · Deland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.5M +0.5%
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