Skip to main content

Office

Bank of America - DeLand, FL

230 N Woodland Blvd, DeLand, FL 32720

Listing Price: $5,975,000

Cap Rate
11.40%
Rentable SF
64,075
Lot Size
3.77 acres
Year Built
1978

Investment Overview

Marcus & Millichap is proud to present for sale the Bank of America Building at 230 N Woodland Blvd in DeLand, Florida, a prominent, institutionally anchored office asset positioned in the center of one of Central Florida’s most historic and dynamic downtown districts. Offered at less than $100 per square foot, the property pairs stable credit tenancy with substantial value-add potential through strategic modernization and lease-up of significant available space.

Located directly along North Woodland Boulevard—widely recognized as Florida’s premier Main Street—the building benefits from exceptional visibility, approximately 280 feet of frontage, and steady vehicular traffic along two primary commercial corridors. Its location less than one mile from Stetson University further enhances demand. Stetson enrolls more than 4,400 students and employs over 265 full-time faculty, generating year-round daytime density and supporting robust demand for professional services, administrative offices, and university-adjacent uses.

The surrounding area is anchored by a concentration of government, civic, and cultural institutions, all within walking distance. The property sits steps from the Volusia County Courthouse, Law Library, County Tag & Title Office, DeLand Police Department, DeLand Fire Department, the Downtown DeLand Historic District, and multiple museums and civic facilities.

Investment Highlights

  • Institutionally anchored downtown of?ce asset with exceptional Main Street visibility
  • Proximity to Stetson University, driving strong year-round professional service demand
  • Three access points and active drive-through support high-volume operations
  • Signi?cant value-add through modernization and strategic lease-up initiatives
  • Opportunity Zone location enhances redevelopment incentives and investor tax bene?ts

Exclusively Listed By

Office

Bank of America - DeLand, FL

Listing Price: $5,975,000

Cap Rate
11.40%
Rentable SF
64,075
Lot Size
3.77 acres
Year Built
1978

Investment Highlights

  • Institutionally anchored downtown of?ce asset with exceptional Main Street visibility
  • Proximity to Stetson University, driving strong year-round professional service demand
  • Three access points and active drive-through support high-volume operations
  • Signi?cant value-add through modernization and strategic lease-up initiatives
  • Opportunity Zone location enhances redevelopment incentives and investor tax bene?ts

Investment Overview

Marcus & Millichap is proud to present for sale the Bank of America Building at 230 N Woodland Blvd in DeLand, Florida, a prominent, institutionally anchored office asset positioned in the center of one of Central Florida’s most historic and dynamic downtown districts. Offered at less than $100 per square foot, the property pairs stable credit tenancy with substantial value-add potential through strategic modernization and lease-up of significant available space. Located directly along North Woodland Boulevard—widely recognized as Florida’s premier Main Street—the building benefits from exceptional visibility, approximately 280 feet of frontage, and steady vehicular traffic along two primary commercial corridors. Its location less than one mile from Stetson University further enhances demand. Stetson enrolls more than 4,400 students and employs over 265 full-time faculty, generating year-round daytime density and supporting robust demand for professional services, administrative offices, and university-adjacent uses. The surrounding area is anchored by a concentration of government, civic, and cultural institutions, all within walking distance. The property sits steps from the Volusia County Courthouse, Law Library, County Tag & Title Office, DeLand Police Department, DeLand Fire Department, the Downtown DeLand Historic District, and multiple museums and civic facilities.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower