1631 State Road 15ADeLand, FL 32720

Property Details for 1631 State Road 15A

Year built

1996

Construction

WOOD

Lot size

0.86 AC

Property size (Sq ft)

16,025 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

7020-23-00-0010

APU

702023000010

Description

This exceptional 16,025-square-foot freestanding retail building, situated on a 0.86-acre lot in Volusia County, presents a remarkable opportunity for businesses seeking a prominent location. Built in 1996, this well-maintained steel-framed structure boasts a versatile layout, currently entirely vacant and ready for immediate occupancy. The building's 95-foot depth allows for potential subdivision into multiple units, catering to diverse business needs. The space features a front retail showroom area seamlessly integrated with a rear air-conditioned warehouse area, complete with an overhead door, enhancing operational efficiency. High visibility is ensured by a freestanding monument sign along State Road 15A, a key thoroughfare. Ample parking is provided with a low-maintenance concrete lot accommodating 31 vehicles. The property is zoned PD (Planned Development), offering flexibility for various retail uses. Further expansion potential exists with an additional 4.1 acres of adjacent land available for purchase. The building is conveniently located just a short distance from the high-traffic South Woodland Boulevard. Estimated annual costs for common area maintenance, real estate taxes, and insurance are $2.20 per square foot. The APN is 7020-23-00-0010. This property offers a unique blend of prime location, versatile space, and immediate occupancy, making it an ideal investment for discerning businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $4,009,844

  6.5%

  $3,701,394

  7%

  $3,437,009

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,507,954

  Geo Method

  $4,507,954

• Alternative Use

  Use

  Valuation

  Residential

  $3,122,265

  Hospitality

  $2,859,978

  Educational

  $2,379,468

  Medical

  $2,461,302

  Retail

  $3,701,394

Location Insight

City

Deland

County

Volusia

State

Florida

Latitude

28.9994

Longitude

-81.3091

CBSA code

19660

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].