Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    410 W Beresford Ave Deland, FL 32720

    • Bars
    • 2,813 SF
    • 0.13 lot acres
    For Sale
    View listing
    $149,900
    Last Sale
    Oct 05, 2023
    $210,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3162115
    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.

    Current Use by Public Records

    • Hard Rock Bottom Bar and Grill / Night Club

    Property Details for 410 W Beresford Ave

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.13 lot acres
    Property size
    2,813 SF
    Zone code
    R4
    Property type
    Bars
    Property subtype
    Pubs
    APN
    7020-07-01-0600
    APU
    702007010600

    Description

    This exceptional commercial property at 410 W Beresford Avenue, Unit 410, DeLand, Florida, presents a unique investment opportunity. Priced at $189,900, this general commercial building sits on a 0.13-acre lot, and includes an adjacent vacant lot, expanding the total land area to over a quarter acre. The building's previous use suggests a strong foundation for food service businesses

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Deland
    County
    Volusia
    State
    Florida
    Longitude
    -81.309
    Latitude
    29.0135
    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
    $1,471
    $8,176
    $70,621
    $78,797
    -
    $8,176
    $70,621
    $78,797

    Comparable in this City

    • Value Estimation by Request
      1,080 SF

      921 Adelle Ave

      BAR, TAVERN • 1,080 SF
      921 Adelle Ave, Deland, FL 32720
      View Details
    • Value Estimation by Request
      3,855 SF

      146 New York Ave

      BAR, TAVERN • 3,855 SF
      146 New York Ave, Deland, FL 32720-5416
      View Details
    • Value Estimation
      $840,000
      8,606 SF

      129 Woodland Blvd

      BAR, TAVERN • 8,606 SF
      129 Woodland Blvd, Deland, FL 32720-4238
      View Details
    • Value Estimation by Request
      4,290 SF

      145 Woodland Blvd

      BAR, TAVERN • 4,290 SF
      145 Woodland Blvd, Deland, FL 32720-4238
      View Details
    • Value Estimation by Request
      3,102 SF

      2620 Woodland Blvd

      BAR, TAVERN • 3,102 SF
      2620 Woodland Blvd, Deland, FL 32720-1317
      View Details
    • Value Estimation by Request
      955 SF

      905 Adelle Ave

      BAR, TAVERN • 955 SF
      905 Adelle Ave, Deland, FL 32720-7325
      View Details

    Similar Nearby for Sale

    • $149,900
      2,813 SF

      DeLand Commercial Opportunity For Sale

      Restaurant, bar, or retail opportunity in DeLand, Florida.
      410 W Beresford Ave, Deland, FL 32720
      View Details
    • $499,900
      955 SF

      Restaurant Opportunity Near Downtown Deland

      Restaurant with outdoor patio, tiki bar, and updated features.
      905 S Adelle Ave, Deland, FL 32720
      View Details
    • $159,000

      Established Jeremiah's Italian Ice Franchise

      Thriving Jeremiah's Italian Ice franchise for sale in Deland, Florida.
      2369 S Woodland Blvd, Deland, FL 32720
      View Details
    • $595,000
      4,123 SF

      Historic Mixed-Use Property in DeLand

      Historic mixed-use property in downtown DeLand with C-1 zoning.
      228 W Howry Ave, Deland, FL 32720
      View Details
    • $595,000
      5,033 SF

      Historic Mixed-Use Property in DeLand

      Historic mixed-use property with C-1 zoning in downtown DeLand.
      228 W Howry Ave, Deland, FL 32720
      View Details
    • $159,000
      1,313 SF

      Established Jeremiah’s Italian Ice Franchise

      Established Jeremiah’s Italian Ice franchise for sale in Deland, FL.
      2369 S Woodland Blvd, Deland, FL 32720
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      90,000 SF

      DeLand Restaurant Pad - Prime Location

      Restaurant space, flexible sizes, high visibility.
      940 Greens Dairy Rd, DeLand, FL 32720
      View Details
    • $28 SF/Yr
      15,174 SF

      Woodland Blvd Commercial Space

      DeLand, FL: Retail, Office, Medical
      425 Woodland Blvd, DeLand, FL 32720
      View Details
    • $30,000

      DeLand Commercial Space For Rent

      Commercial space near Downtown DeLand, suitable for various businesses.
      209 S Florida Ave, Deland, FL 32720
      View Details
    • $1.07 SF/Yr
      7,818 SF

      Downtown DeLand Executive Office Suite

      7,818 sq ft, Prime Location, $1600/month
      112 Indiana Ave, DeLand, FL 32720
      View Details
    • $22 SF/Yr
      78,924 SF

      Retail Spaces at Gateway Village

      Retail spaces for lease at a busy intersection.
      1548 N Woodland Blvd, Deland, FL 32720
      View Details
    • Contact for pricing
      3,592 SF

      Retail End Cap Space Available

      3,592 SF retail space available for immediate delivery.
      2701-2735 S Woodland Blvd, Deland, FL 32720
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    410 W Beresford Ave
    Deland, FL 32720
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.