You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

865 W New York Ave Deland, FL 32720

Other retail properties Google Maps
39,860 SF 2.73 ac lot Built 1961
Trust Owned 10-yr Hold ~ Est. High Equity
Estimated value (blended)
$2.25M
Range $2.03M – $2.48M (±10%)
Property ID US18-5032980

Property summary

AI-generated overview

The property is a freestanding, masonry building with a steel core located at the northeast corner of New York Avenue (SR 44) and Boundary Avenue, featuring a fire sprinkler system and approximately 16-foot ceiling height. The building contains 40,494 square feet within a 2.73-acre lot and is configured to include finished office space, open warehouse areas, and storage areas, served by 9 restrooms. The facility is designed to be divisible and includes potential for condominium-style conversion. The site has 128 feet of frontage on New York Avenue (SR 44), four ingress/egress points, and on-site parking totaling 80+/- spaces plus 20+/- shared spaces. It is positioned for access to key nearby destinations, including approximately 1.3 miles to AdventHealth Deland Hospital, 1.5 miles to Downtown DeLand’s Historic Garden District, and about 5.6 miles to Interstate 4, with the corner location providing high roadside exposure and supporting potential outparcel development and drive-thru configurations. The property is suited for a range of commercial and storage-oriented uses, including retail, service, and storage, subject to applicable zoning and approvals, and supporting documentation such as a current survey, Phase I environmental report, and structural reports are available.

Property profile

Verified
Property type Other retail properties
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 39,860 SF
Lot 2.73 ac (119,077 SF)
APN 7008-66-00-0050
UPID US18-5032980

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.49M
Blend (final) Blend
$2.25M

Owner & transaction history

since 2016
1 recorded transaction
2016
$1.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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