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309 N Woodland Boulevard, DeLand, FL 32720

$1,999,900
Property Type: Commercial Sale Square Footage: 4,300 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $1,999,900 List Date: 5/19/2025 Last Modified: 4/21/2026

Overview

Description

Located steps away from Stetson University in vibrant downtown Deland, FL, this one-of-a-kind offering is the first and only dispensary in the downtown Deland area. The property owner completed an extensive gut renovation in Spring of 2025, including new roof, HVAC, electrical, plumbing, walls, facade, flooring, doors and windows. There are zero maintenance expenses for the buyer to contemplate. Planet 13 Holdings ($PLNH) is a publicly-traded company and assumes a fresh 10-year triple net lease in summer 2025, with 3.5% annual increases for each year during the term. Extension options are in place through 2045. The tenant benefits from limited competition in the market, being one of only two medical cannabis dispensaries in the market.

Listing Details MLS# 1213566

General Property Information

Building Area Total
4300
Year Built
1955
Lot Size Acres
0.24
Water Body Access YN
No
Waterfront YN
No
Directions
Located steps away from Stetson University. Add details re: location and neighboring tenants
Public Remarks
Located steps away from Stetson University in vibrant downtown Deland, FL, this one-of-a-kind offering is the first and only dispensary in the downtown Deland area. The property owner completed an extensive gut renovation in Spring of 2025, including new roof, HVAC, electrical, plumbing, walls, facade, flooring, doors and windows. There are zero maintenance expenses for the buyer to contemplate. Planet 13 Holdings ($PLNH) is a publicly-traded company and assumes a fresh 10-year triple net lease in summer 2025, with 3.5% annual increases for each year during the term. Extension options are in place through 2045. The tenant benefits from limited competition in the market, being one of only two medical cannabis dispensaries in the market.
List Price/SqFt
465.09

Property Features

Lot Features: Other Parking Features: Other Sale Includes: Building & Land

Contract Information

Listing Contract Date
2025-05-19
Property Sub Type
Retail

Location Tax and Legal

Street Number
309
Street Direction Prefix
N
Street Name
Woodland
Street Suffix
Boulevard
County
Volusia
State
FL
Postal Code
32720
MLS Area Major
92 - Deland

Status Change Information

Major Change Timestamp
2025-08-07T19:24:50Z
Major Change Type
Price Reduced
Price Change Timestamp
2025-08-07T19:24:50Z

Location, Tax, and Legal

Country
US
Parcel Number
7009-01-11-0080
Tax Annual Amount
5680.52
Tax Year
2024
Tax Legal Description
S 70 FT OF N 180 FT OF W 150 FT BLK 11 ROGERS DELAND DB 1 PG 201 PER OR 4545 PG 0782 PER OR 6246 PG 4940 PER OR 6264 PGS 0862-0864 PER OR 7063 PG 2207 PER OR 8565 PG 0933 PER OR 8570 PG 2409

More Information

Currently Not Used

Year Built
1955

Lot Features

Other
Yes

Parking Features

Other
Yes

Sale Includes

Building & Land
Yes
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: April - 21 - 2026
Information deemed reliable but not guaranteed.

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