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702 S Spring Garden Ave 2,904 SF Retail Building Deland, FL 32720 $5,000,000 ($1,721.76/SF) 9% Cap Rate
EXECUTIVE SUMMARY
THIS IS ONE OF THE BUSIEST GAS STATION AND CONVIENT STOR IN FLORIDA.INSIDE SALE 1.6 MILLION,GAS SALE 1.4 MILLION GALLON.LOTTO SALE 2 MILLION,SLOT MACHINE COMMISION 100K A YEAR.CASH CHECKING COMMISION 15K A YEAR.4 MPD ,EASY IN AND OUT,75K TRAFFIC EVERYDAY.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,904 SF
Building Class
C
Year Built
1963
Price
$5,000,000
Price Per SF
$1,721.76
Cap Rate
9%
NOI
$450,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.82 AC
Zoning
01B4 - Business - 4
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 7017-03-00-1930 | Improvements Assessment | $139,707 |
| Land Assessment | $112,455 | Total Assessment | $252,162 |
PROPERTY TAXES
Parcel Number
7017-03-00-1930
Land Assessment
$112,455
Improvements Assessment
$139,707
Total Assessment
$252,162
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702 S Spring Garden Ave
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