Financial
Distress signals
Property profile

1991 Industrial Dr Unit Florida florida Deland, FL 32724

FOR LEASE
Manufacturing properties
Property ID
US18-4689481
18,905 SF 3.08 ac lot Built 1995
Last sale Apr 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Class A/B office complex consists of two buildings totaling 42,548 square feet, located at 1991 Industrial Drive (18,125 SF) and 1993 Industrial Drive (24,423 SF) on three ground lease parcels totaling 3.35 acres. The buildings are sited within the Deland Municipal Airport Business Park with frontage along Industrial Drive (500 feet), Edison Drive (200 feet), and the Deland Airport runway, providing views of the runway from windows and a balcony and featuring modern floorplans designed for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$47k
Tax billed · 2023
Assessed value$2.49M
Assessed land$201k
Assessed improvement$2.29M
Effective rate1.88%

Value estimate

· Sep 2026
$2.52M
$2.26M – $2.77M
CAP approach$1.73M
Submarket $/SF estimate$2.29M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$144/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$67 – $289

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.8
Realty agency12.6
Law Firm10.2

Location

1991 Industrial Dr Unit Florida, Unit florida Deland, FL 32724
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1635 Patterson, Deland, FL 32724-1939 $975,000 May 2025 7,980 SF
1500 Jacobs, Deland, FL 32724-2616 $2,000,000 Apr 2023 16,000 SF
2121 State Rd 472, Deland, FL 32724-9615 $1,400,000 Jan 2022 13,720 SF
1560 Lexington, Deland, FL 32724-2118 $1,000,000 Sep 2021 28,965 SF
115 Old Daytona, Deland, FL 32724-1958 $700,000 Mar 2020 8,000 SF
1501 Lexington, Deland, FL 32724-2117 $645,000 May 2019 10,050 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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