904 New York AveDeland, FL 32720

Property Details for 904 New York Ave

Year built

1950

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.22 AC

Property size (Sq ft)

1,336 SF

Zone code

P1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

7017-02-09-0020

APU

701702090020

Description

This exceptional 1,336 square foot office building, located at 904 W New York Avenue W in Deland, Florida, presents a fantastic opportunity for businesses seeking a move-in ready space. Situated on a 0.22-acre lot, the property boasts convenient access to major Deland roads, ensuring easy commutes for employees and clients. The interior is thoughtfully designed with a layout that comfortably accommodates two to three individual offices, a dedicated conference room, and a convenient break room. High-quality flooring throughout includes hardwood, tile, and laminate. The HVAC system and hot water heater are both newer, having been installed in 2015, ensuring efficient and reliable operation. Ample parking is available, with one designated accessible parking space and three additional parking spots. This turnkey office space is ready for immediate occupancy, eliminating the need for extensive renovations or upgrades. The property is offered for sale at a significantly improved price, making it an even more compelling investment opportunity. All information is believed to be accurate but is not guaranteed. Don't miss this chance to secure a prime commercial property in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $281,994

  6.5%

  $260,302

  7%

  $241,709

• Comparable approach

  Method

  Valuation

  Relative Method

  $231,163

  Geo Method

  $231,163

• Alternative Use

  Use

  Valuation

  Residential

  $260,302

  Hospitality

  $238,436

  Educational

  $198,376

  Medical

  $205,198

  Retail

  $308,584

Location Insight

City

Deland

County

Volusia

State

Florida

Latitude

29.0277

Longitude

-81.3204

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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