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2820 Howland Blvd 4,460 SF 78% Leased Retail Building Deltona, FL 32725 $978,900 ($219.48/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy Daytime Traffic, Zoned C-1 which has numerous usuages such as retail, office space, business, motel, hotel, barber shops, beauty saloons & more.

EXECUTIVE SUMMARY

Property is located in the Largest City of Volusia County. Plaza fronts on Howland Blvd.Deltona a high volume traffic location. Plaza has 7 units. 6 units are downstairs, the 7th Unit is upstairs with 2 additional Storage Units. The Plaza has a great potential and is looking for a owner that will take it to another level. Approximately 18 car spaces. Large 1 car garage with storage also for rent. The zoning is C-1 which is ideal for retail, business offices, hair salon, barber shop, co-signment shops, hotels, motels and a wide selection of usages permitted but No food or cooking business are permitted while its on septic. The property is on septic, however, the sewer is available at the property and needs to be hook up. With the sewer being hook up it will Open More Potential Usages and more Income. A couple of the leases will expire at the end of the year. The Capitalization rate can be higher with a new owner that will focus on the Plaza. Great Potential. There's an adjacent lot for sale 50'X150' which can be added to the existing plaza property, ideal for more parking spaces or an add on to plaza.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $78,168 $17.53
Other Income - -
Vacancy Loss $960 $0.22
Effective Gross Income $77,208 $17.31
Taxes $6,543 $1.47
Operating Expenses $3,000 $0.67
Total Expenses $9,543 $2.14
Net Operating Income $67,665 $15.17

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $78,168
Annual Per SF $17.53
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $960
Annual Per SF $0.22
Effective Gross Income
Annual $77,208
Annual Per SF $17.31
Taxes
Annual $6,543
Annual Per SF $1.47
Operating Expenses
Annual $3,000
Annual Per SF $0.67
Total Expenses
Annual $9,543
Annual Per SF $2.14
Net Operating Income
Annual $67,665
Annual Per SF $15.17

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,460 SF
Building Class
C
Year Built
1991
Price
$978,900
Price Per SF
$219.48
Percent Leased
78%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.34 AC
Zoning
Commercial 1 - Retail shops, professional offices and personal service enterprises similar to the following: animal hospital, antique shops, aquariums, and much more
Parking
18 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
100’ on Howland Blvd

AMENITIES

  • Tenant Controlled HVAC
  • Storage Space
  • Monument Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1 & 2
  • 1,000 SF
  • Office/Retail
  • -
  • Now
Space Size Space Use Position Available
1 & 2 1,000 SF Office/Retail - Now

1 & 2

Size
1,000 SF
Space Use
Office/Retail
Position
-
Available
Now

1 & 2

Size 1,000 SF
Space Use Office/Retail
Position -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8130-39-09-0090
Land Assessment
$45,375 (2025)
Improvements Assessment
$293,175 (2025)
Total Assessment
$338,550 (2025)
Annual Taxes
$6,543 ($1.47/SF)
Tax Year
2024
  • Listing ID: 31390880

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 2820 Howland Blvd, Deltona, FL 32725

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