275 Charles Richard Beall BlvdDeBary, FL 32713

Property Details for 275 Charles Richard Beall Blvd

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.08 AC

Property size (Sq ft)

26,010 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

9003-04-00-000B

APU

90030400000B

Description

Parkview Town Center, located at 275 S Charles Richard Beall Blvd in DeBary, Florida (zip code 32713), offers exceptional executive office space in a prime location. This two-story building boasts a total of 27,963 square feet and comprises two suites, making it ideal for businesses seeking a professional and convenient workspace. The property sits on a 2.2-acre lot and provides easy access to I-4, offering excellent connectivity to Seminole County and Orlando. Its strategic location also serves as an ideal main or satellite office for businesses serving the communities of West Volusia, DeBary, Orange City, Deltona, and Deland. Currently, four individual office spaces are available, ranging from 838 to 1,225 square feet. The building features a nicely appointed lobby with an elevator. Tenants are responsible for their own electricity, phone, and cable. A significant advantage is the presence of a new restaurant on the first floor, providing a convenient amenity for tenants and staff. This property presents a fantastic opportunity for various professional office users or small retailers, including but not limited to accounting firms, law firms, medical practices, home healthcare providers, and hair salons. The property is classified as an Executive Office and Restaurant space with multiple tenancies. Volusia County is the location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,490,023

  6.5%

  $5,067,714

  7%

  $4,705,734

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,500,420

  Geo Method

  $4,500,420

• Alternative Use

  Use

  Valuation

  Residential

  $5,067,714

  Hospitality

  $4,641,998

  Educational

  $3,862,088

  Medical

  $3,994,911

  Retail

  $6,007,692

Location Insight

City

Debary

County

Volusia

State

Florida

Latitude

28.8736

Longitude

-81.3127

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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