1015 Stone StDeLand, FL 32720

Property Details for 1015 Stone St

Year built

1975

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.92 AC

Property size (Sq ft)

2,376 SF

Zone code

P1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

7005-00-00-0071

APU

700500000071

Description

This exceptional 3,800 square foot commercial property, located at 1015 N. Stone Street in DeLand, Florida (zip code 32720), presents a unique investment opportunity. The single-tenant building offers 2,150 square feet of well-appointed office space, ideally suited for a variety of medical or professional uses. Its strategic location directly across from AdventHealth DeLand Hospital ensures high visibility and convenient access for patients and clients. The building's interior features a welcoming open reception area, seven individual offices providing ample privacy, functional utility rooms, a convenient kitchenette, and a dedicated conference area for meetings and collaborations. The property is situated in Volusia County and benefits from its proximity to Downtown DeLand, offering easy access to amenities and services. This single-suite building provides a complete and efficient workspace, ready for immediate occupancy. The property type includes both office and land components. The building's size and layout make it an excellent choice for a growing business seeking a prominent location with exceptional accessibility. This is a rare opportunity to secure a well-maintained and strategically positioned commercial property in a thriving Florida community.

• CAP approach

  CAP return

  Valuation

  6%

  $501,511

  6.5%

  $462,933

  7%

  $429,866

• Comparable approach

  Method

  Valuation

  Relative Method

  $411,111

  Geo Method

  $411,111

• Alternative Use

  Use

  Valuation

  Residential

  $462,933

  Hospitality

  $424,044

  Educational

  $352,800

  Medical

  $364,933

  Retail

  $548,800

Location Insight

City

Deland

County

Volusia

State

Florida

Latitude

29.0441

Longitude

-81.316

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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