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    FOR SALE
    Warehouses

    1307 Saratoga St 3, Deland, FL 32724

    13,300 SF 1.31 ac lot Built 2009
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-3419498
    No photos on file
    For Sale
    $1,750,000 13,300 SF
    1307 Saratoga St,Unit 3, Deland, FL 32724
    View Listing →
    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
    2023
    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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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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