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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    840 Deltona Blvd Deltona, FL 32725

    • Community centers
    • 26,547 SF
    • 2.74 lot acres
    For Lease
    View listing
    Last Sale
    Mar 31, 2023
    $3,150,000
    Value Estimations
    $3,150,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3642238
    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

    • Deltona Records Recording Studios / Recording Studio
    • Elena's Salon / Hair Salon / Nail Salon
    • West Volusia Literacy Council / Association / Organization
    • Its Not About Us Ministries / Church
    • Iglesia De Dios El Faro Lighthouse Church Of God / Church

    Property Details for 840 Deltona Blvd

    Year built
    1981
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.74 lot acres
    Property size
    26,547 SF
    Zone code
    B
    Property type
    Community centers
    APN
    8036-14-00-0030
    APU
    803614000030

    Description

    This exceptional retail property, located at 840 Deltona Boulevard in Deltona, Florida (zip code 32725), offers 26,487 square feet of versatile space. Currently, there are seven available units ranging in size from 900 square feet to a maximum contiguous space of 8,400 square feet. A significant 12,600 square feet is currently vacant, presenting a unique opportunity for expansion or multiple tenants. The property is classified as both retail and office space, making it suitable for a variety of businesses. Situated in Volusia County, this multi-tenant building enjoys high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. The property's location in Deltona, Florida offers a thriving market with a growing population and diverse consumer base. The available space provides flexibility for businesses of various sizes, from smaller boutiques to larger retail operations or office spaces. This is a prime opportunity to establish or expand your business in a high-traffic area with significant potential for growth. The property's size and layout offer considerable adaptability to suit a range of business needs. Contact us today to learn more about this exceptional retail opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,150,000
      ML approach
      $3,150,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,915,000
      Market price range: $2.92M - $8.12M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $4,755,000
      Current use
      COMMERCIAL (GENERAL)
      $5,190,000
      Change: +9% Conversion: Easy
      MEDICAL BUILDING
      $4,940,000
      Change: +4% Conversion: Difficult
      RETAIL STORES
      $4,680,000
      Change: -1% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Deltona
    County
    Volusia
    State
    Florida
    Longitude
    -81.2777
    Latitude
    28.8856
    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
    $24,956
    $278,737
    $828,345
    $1,107,082
    -
    $278,737
    $828,345
    $1,107,082

    Comparable in this City

    • Value Estimation
      $885,000
      5,296 SF

      3140 Howland Blvd

      MINI-MALL • 5,296 SF
      3140 Howland Blvd, Deltona, FL 32725-2910
      View Details
    • Value Estimation
      $2,340,000
      16,969 SF

      2120 Saxon Blvd

      MINI-MALL • 16,969 SF
      2120 Saxon Blvd, Deltona, FL 32725-3279
      View Details
    • Value Estimation by Request
      2,399 SF

      1870 Providence Blvd

      MINI-MALL • 2,399 SF
      1870 Providence Blvd, Deltona, FL 32725-3878
      View Details
    • Value Estimation by Request
      4,736 SF

      Deltona Blvd

      MINI-MALL • 4,736 SF
      Deltona Blvd, Deltona, FL 32725
      View Details
    • Value Estimation
      $775,000
      5,124 SF

      2091 Saxon Blvd

      MINI-MALL • 5,124 SF
      2091 Saxon Blvd, Deltona, FL 32725-3229
      View Details
    • Value Estimation
      $550,000
      4,500 SF

      1290 Normandy Blvd

      MINI-MALL • 4,500 SF
      1290 Normandy Blvd, Deltona, FL 32725-8450
      View Details

    Similar Nearby for Sale

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      Commercial Plaza on Howland Blvd

      Commercial plaza with high traffic, development potential, and C-1 zoning.
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    • $950,000

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      High-return retail opportunity in Deltona, FL.
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      Deltona Dollar General For Sale

      Corporate guaranteed NNN lease Dollar General in Deltona, Florida.
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    Similar Nearby for Lease

    • Contact for pricing
      975 SF

      Retail Space in Deltona Plaza

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      View Details
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      2 SF

      Deltona Retail Land Opportunity

      Prime 2.51-Acre Retail Site in Deltona, FL
      0 Cor Of Saxon Blvd & Normandy Blvd, Deltona, FL 32725
      View Details
    • Contact for pricing
      26,487 SF

      Deltona Blvd Retail Center

      Prime Retail Space Available in Deltona, FL
      840 Deltona Blvd, Deltona, FL 32725
      View Details
    • Contact for pricing
      25,756 SF

      Retail Space Available Immediately

      25,756 SF retail space with high visibility and accessibility.
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      107,300 SF

      Deltona Warehouse and Distribution Space

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    • $60,000
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      Deltona Plaza: Prime Outparcel Land

      Pad-ready land, ideal for fast food.
      1200 Deltona Blvd, Deltona, FL 32725
      View Details
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    840 Deltona Blvd
    Deltona, FL 32725
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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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