This exceptional 1,215-square-foot office building in DeBary, Florida, presents a compelling investment opportunity. Located at 75 Fox Ridge Ct, #G, this single-tenant property boasts a versatile layout suitable for executive or medical office use. Built in 1988, the building sits on a 0.03-acre lot and features 8- to 9-foot ceilings, providing ample space and a comfortable working environment. The property benefits from a 200+ amp electrical service, ensuring sufficient power for modern business needs. Zoned B-4, this property is ideally situated within a high-traffic area experiencing strong demand for commercial space. The building is part of a well-maintained six-unit complex, offering ample parking for tenants and clients. The property's current lease extends through August 1, 2026, providing a stable income stream and attractive return on investment. With its prime location and versatile design, this property is an excellent choice for investors seeking long-term growth potential and consistent cash flow. The Volusia County property (APN: 8026-04-00-0070) offers a rare chance to acquire a well-maintained, income-producing asset in a thriving market. The property's convenient location in DeBary, Florida (zip code 32713) ensures easy access for both employees and clients.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$206,818
6.5%
$190,909
7%
$177,273
Comparable approach
Method
Valuation
Relative Method
$135,630
Geo Method
$135,630
Alternative Use
Use
Valuation
Residential
$236,727
Hospitality
$216,841
Educational
$180,409
Medical
$186,614
Retail
$280,636
Location Insight
City
Debary
County
Volusia
State
Florida
Latitude
28.8977
Longitude
-81.2839
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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