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Property profile & analytics
OFF-MARKET Estimated value $1,260,000
Outlet malls

1631 State Rd 15a Deland, FL 32720-7773

16,025 SF 0.86 ac lot Built 1996
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-3034959
Property summary
AI-generated overview

This exceptional 16,025-square-foot freestanding retail building, situated on a 0.86-acre lot in Volusia County, presents a remarkable opportunity for businesses seeking a prominent location. Built in 1996, this well-maintained steel-framed structure boasts a versatile layout, currently entirely vacant and ready for immediate occupancy. The building's 95-foot depth allows for potential subdivision into multiple units, catering to diverse business needs. The space features a front retail showroom area seamlessly integrated with a rear air-conditioned warehouse area, complete with an overhead door, enhancing operational efficiency. High visibility is ensured by a freestanding monument sign along State Road 15A, a key thoroughfare. Ample parking is provided with a low-maintenance concrete lot accommodating 31 vehicles. The property is zoned PD (Planned Development), offering flexibility for various retail uses. Further expansion potential exists with an additional 4.1 acres of adjacent land available for purchase. The building is conveniently located just a short distance from the high-traffic South Woodland Boulevard. Estimated annual costs for common area maintenance, real estate taxes, and insurance are $2.20 per square foot. The APN is 7020-23-00-0010. This property offers a unique blend of prime location, versatile space, and immediate occupancy, making it an ideal investment for discerning businesses.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1996
Construction WOOD
Total area 16,025 SF
Lot 0.86 ac (37,333 SF)
APN 7020-23-00-0010
UPID US18-3034959
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
Current use
Occupant on record · Public records
  • Badcock Home Furniture &more Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.26M
Owner & transaction history
Greg & Juliane INC · 6 yrs held
Greg & Juliane INC
since 2019
5 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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