Property profile

1601 N Woodland Blvd Deland, FL 32720

FOR SALE
Drive through restaurants
Property ID
US18-8860355
1,593 SF 0.91 ac lot Built 2003
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

A 0.91-acre commercial land parcel is situated on a hard corner in North DeLand, with access to city-connected stormwater services. The site is associated with historical development, having previously housed a 1,600-square-foot Sonic building; the existing structure may be renovated or removed to support future development. The property includes transferable impact fee credits of $82,912.62, and impermeability transfers with the land, supporting continued or reconfigured site development. The parcel is positioned near major national retail and service users including Walmart, Tractor Supply, Planet Fitness, Culver's, Chili's, Verizon, and Vystar.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2003
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,593 SF
Lot 0.91 ac (39,640 SF)
Zoning code C2
APN 6033-06-01-0010
UPID US18-8860355

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1601 N Woodland Blvd Deland, FL 32720
Deland metro Census 90303 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2023
Last sale
$350,000
6 recorded transactions
2023
$350,000
2022
$361,400
2017
$675,000
2008
$1.3M
2003
Price N/A
2002
$190,000

Zoning & alternative use

C2 · Deland, 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
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More about this property
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