Technical
Financial
Distress signals
Property profile

145 Michigan Ave Deland, FL 32724

OFF-MARKET
Investment properties
Property ID
US18-2797045
7,019 SF 0.91 ac lot Built 1922
Entity Owned Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1922
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,019 SF
Lot 0.91 ac (39,600 SF)
APN 7009-01-13-0093
UPID US18-2797045

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
  • Advertising Agency Marketing & Advertising
  • Cultural Center

Location

145 Michigan Ave Deland, FL 32724-3536
Deland metro Census 90402 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
$1.34M
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.21M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.7M +59.1%
Restaurant $1.7M +52.6%
Medical building $1.3M +19.1%

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
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