2820 Howland Blvd
Retail | 5.30% CAP | 4,460 SqFt
Marketing description
2820 Howland Boulevard presents a compelling commercial investment and leasing opportunity in one of Deltona's most actively expanding corridors. Strategically positioned along a high-visibility thoroughfare with strong traffic flow and direct connectivity to Interstate 4, the property benefits from both local and regional accessibility—making it ideal for retail, service, or mixed-use tenants.
The surrounding area is experiencing significant residential and infrastructure growth, highlighted by the approved Catalina Pointe Residential Planned Unit Development (RPUD) located just one block away at 2965 Howland Boulevard. This approximately 36.6-acre build-to-rent (BTR) community will introduce an estimated 277 to 280 residential units, including 56 one-bedroom duplexes, 133 single-story cottages, and 88 two-story townhomes featuring garages and private backyards. The scale and diversity of this development are expected to drive a substantial increase in nearby population density and consumer demand.
Additionally, ongoing expansion along the Howland Boulevard corridor—particularly near the I-4 interchange—continues to attract new businesses, residential communities, and infrastructure improvements. This sustained growth trajectory enhances the long-term value and visibility of commercial properties in the immediate area.
With its prime location, proximity to a major new residential development, and positioning within a rapidly growing market, 2820 Howland Boulevard is well-suited for investors and tenants seeking to capitalize on Deltona's upward momentum.
Investment highlights
- Prime frontage with 100 feet on Howland Boulevard, a high-traffic corridor in Deltona, the largest city in Volusia County
- Multi-tenant layout with 7 units, including 6 ground-floor spaces and 1 second-story unit, plus two additional storage units
- Flexible unit mix supported by C-1 zoning, allowing a wide range of uses including retail, office, personal services, and hospitality (with expanded potential upon sewer connection)
- Value-add opportunity with 78% occupancy and all tenants on month-to-month leases, allowing for repositioning, rent increases, or tenant mix optimization
- Upside potential through sewer connection, which would permit additional uses (including food-related businesses) and increase income potential
- Additional income stream from on-site garage and storage space available for lease
- Strong parking ratio with 18 spaces and the option to expand via adjacent lot (50' x 150') available for purchase
- Two-story construction offering diverse leasing configurations and expanded usability
- Located within a rapidly growing corridor near I-4, with increasing residential density driven by nearby developments
- Positioned for repositioning or redevelopment by an investor seeking to enhance returns and modernize the asset
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