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    2147 Howland Blvd Deltona, FL 32738-3441

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    2147 Howland Blvd Deltona, FL 32738-3441

    View on Map
    • Retail properties & Spaces
    • 5,635 SF
    • 1.25 lot acres
    Off-Market
    Property ID
    US18-3896595
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $940,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Deltona Fire Department / Fire Station

    Property Details for 2147 Howland Blvd

    Year built
    1977
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.25 lot acres
    Property size
    5,635 SF
    Property type
    Retail properties & Spaces
    APN
    8130-74-00-0091
    APU
    813074000091

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,064,000
      Market price range: $426k - $1.39M
      AI Estimate
      $817,000
      Market price range: $270k - $1.05M

    • Alternative Use

      Use
      Estimation
      SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
      $815,000
      Current use
      AUTO REPAIR, GARAGE
      $1,400,000
      Change: +72% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,170,000
      Change: +44% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,100,000
      Change: +36% Conversion: Difficult
      MEDICAL BUILDING
      $1,050,000
      Change: +29% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,010,000
      Change: +24% Conversion: Difficult
      RETAIL STORES
      $995,000
      Change: +22% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Deltona
    County
    Volusia
    State
    Florida
    Longitude
    -81.1895
    Latitude
    28.9237
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $285,863
    $382,744
    $668,607
    -
    $285,863
    $382,744
    $668,607

    Comparable in this City

    • Value Estimation by Request
      27,299 SF

      000 Howland Blvd & Bluffview Blvd

      Retail properties & Spaces • 27,299 SF
      000 Howland Blvd & Bluffview Blvd, Deltona, FL 32738
      View Details
    • Value Estimation by Request
      926 SF

      926 Howland Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 926 SF
      926 Howland Blvd, Deltona, FL 32738-7139
      View Details
    • Value Estimation by Request
      819 SF

      2711 Elkcam Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 819 SF
      2711 Elkcam Blvd, Deltona, FL 32738-3401
      View Details
    • Value Estimation by Request

      0000 Doyle Rd

      Multifamily properties
      0000 Doyle Rd, Deltona, FL 32738
      View Details
    • Value Estimation
      $20,450,000
      218,111 SF

      101 Howland Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 218,111 SF
      101 Howland Blvd, Deltona, FL 32738-9200
      View Details
    • Value Estimation
      $925,000
      4,292 SF

      551 Courtland Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,292 SF
      551 Courtland Blvd, Deltona, FL 32738
      View Details

    Similar Nearby for Sale

    • $59,900
      0.34 Acres

      Deltona Land For Sale

      Commercial land in a growing Deltona commercial area.
      1407 Courtland Blvd, Deltona, FL 32738
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    • Contact for pricing
      1,975 SF

      Retail Property For Sale

      8,514 sqft retail property with $200,640 net operating income.
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    • $329,000
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      Prime Corner Lots for Drive-Thru

      Two corner lots ideal for retail or drive-thru restaurant.
      000 Howland Blvd & Bluffview Blvd, Deltona, FL 32738
      View Details
    • Contact for pricing
      27,299 SF

      Corner Lots Ideal for Drive-Thru

      Two corner lots suitable for a drive-thru restaurant.
      000 Howland Blvd & Bluffview Blvd, Deltona, FL 32738
      View Details
    • $79,900
      0.17 Acres

      Deltona Land Near Aldi

      Land in a growing area with frontage on two streets.
      1684 Catalina Blvd, Deltona, FL 32738
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    • Contact for pricing

      18 Acres with Lake Frontage

      18 acres including workshop and lake frontage on Lake Bethall.
      2165 Enterprise Osteen Rd, Deltona, FL 32738
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    Similar Nearby for Lease

    • New
      $6,000 /Mo
      Pending

      Retail/Warehouse Opportunity in Deltona

      5,520 SF commercial building ideal for retail or warehouse.
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      View Details
    • Contact for pricing
      1,050 SF

      Retail Space in Deltona Center

      Retail space available in a busy Deltona shopping center.
      2170 Howland Blvd, Deltona, FL 32738
      View Details

    Property Visit Statistics

    • Visits by month
      2.4k
    • Visitors by month
      1.9k
    • Avg Time on site
      25 min
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    Deltona, FL 32738-3441
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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