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23010200
23010219

940 Deltona Blvd, Deltona, FL 32725 For Sale

FI
FL BK3285863
FI Real Estate Brokerage LLC
Listed by FI Real Estate Brokerage LLC
$825,000
453 days on market
Updated 104 days ago

Exceptional Commercial Opportunity in Deltona, FL

Details
APN 813022210200
Property Type Office, Retail (+1)
Sub Type Bank, Pharmacy/Drug (+1)
Square Footage 3,840
Net Rentable (SqFt) 3,840
Cap Rate 5.82%
NOI $48,000
Lease Type NNN
Pro-Forma Cap Rate 5.82%
Pro-Forma NOI $48,000
Price per SqFt $215
Broker Co-Op Yes
Class C
Year Built 1976
Buildings 1
Stories 1
Acreage 1.170
Zoning 1700 - OFFICE 1 STORY
Investment Type Value Add
Ceiling Height 10

Exceptional Commercial Opportunity in Deltona / 1.17 ACRE LOT

Marketing description

Exceptional Commercial Opportunity in Deltona. Located at 940 Deltona Blvd., this Class B retail bank property offers a unique investment or business opportunity in a flourishing suburban locale. Built in 1976 and encompassing a gross leasable area of 3,840 square feet on a spacious 1.17-acre lot (50,830 square feet), this standalone building is ideal for various commercial endeavors.

This property features a practical single-story design with robust zoning of C-1 Retail /Commercial Land, making it highly adaptable for different types of businesses. The site includes a convenient drive-thru, enhancing functionality for banking services or potential adaptation for quick-service retail.

The building benefits from significant frontage, boasting 130 feet along Deltona Blvd., ensuring excellent visibility in a high-traffic area. With estimated rent potential ranging from $12.5/SF to $15/SF NNN, this property presents a promising avenue for generating robust returns.

Uses clearly permitted in C-1 include:

Restaurants, type A and B

Retail shops

Professional offices and general offices

Personal service businesses like barber shops, beauty salons, laundromats, tailors, fitness centers

Banks and other financial businesses

Medical and dental offices/clinics

Convenience stores, grocery stores, furniture stores, hardware stores

Bars, night clubs, theaters

Animal hospitals and veterinarians

Car washes

Hotels and motels

Day care centers

Schools, libraries, houses of worship

Automobile new parts/accessories sales only

Automobile service stations, type C

Communication towers up to 70 feet.

Don't miss out on this opportunity to own a key piece of Deltona’s commercial landscape. Ideal for investors and operators looking to capitalize on a well-positioned property.

Investment highlights

  • Class B retail bank property offers a unique investment or business opportunity
  • Gross leasable area of 3,840 square feet on a spacious 1.17-acre lot
  • Standalone building is ideal for various commercial endeavors.
  • Practical single-story design with robust zoning of C-1 Retail Commercial, making it highly adaptable for different types of businesses.
  • Includes a convenient drive-thru, enhancing functionality for banking services or potential adaptation for quick-service retail.
  • Boasting 130 feet along Deltona Blvd.
  • With estimated rent potential ranging from $12.5/SF to $15/SF NNN, this property presents a promising avenue for generating robust returns.

Listing Contacts

FI
FL BK3285863
FI Real Estate Brokerage LLC
Listed by FI Real Estate Brokerage LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,000.00
$4,000.00/mo

Valuation Metrics

0
DSCR
5.82%
Cap Rate
5.82%
ROI

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Additional Information

Name
Filippo Incorvaia
License
BK3285863
Brokerage
FI Real Estate Brokerage LLC
Brokerage Phone
6466628504
Title
CEO & Broker
Brokerage Address
127 North Miami Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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