230 Woodland BoulevardDeland, FL, 32720
$ 7,200,000Bedrooms-- Baths0.0 Sq 66,173
for $7,200,000. This building is 66,173 square feet.
Located on an entire City block of 3.77 acres in Downtown Deland, the Bank of America Building is centrally located in close proximity to Stetson University, the Volusia County Courthouse and the Downtown Deland Historic District. Bank of America occupies the first floor of the building and other strong tenants include The County of Volusia, The State of Florida and The Department of Children and Families. The building is currently 75% occupied with a total of 14, 852 Square Feet available for an end user with 9, 596 Square Feet contiguous. There are several prospective tenants for the vacant spaces and the seller will lease to these tenants or reserve for an end user. Current Net Income is $232, 000 with tremendous upside potential with market leases in the vacant units.
Building Type Free Standing Building Office Other Type
List By Svn Alliance Commercial Real Estate Advisors
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 2.875% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in Deland, FL
Average List Price $1,125,353
Percent of Sale Price 84%
About Deland, FL
$ 42,221 Median Income
39.66 Median Age
23% Households with Children
Downtown Deland Community