1307 Saratoga St 3, Deland, FL 32724
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Deland, FLDeland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.