Block Construction
For Sale
$1,200,000
133 Main Street, Daytona Beach, FL 32118
Commercial Sale, Daytona Beach, FL
Property Size2,686 SF
Lot Size0.15 Acres
Price / SF$221.81
Days on Market497
Property Features for 133 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Carport, Parking Lot
Lot features
Corner Lot
Directions
International Speedway @ Halifax Ave, Go north on Halifax Ave, Building is located at Corner of Halifax & Main Street.
Subdivision
14 - Daytona Peninsula S of Seabreeze
Standard status
Active
APN
5305-08-04-0061
Size
5,410 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
E 122.5 FT OF LOT 6 EXC STS BLK 4 MEMENTO PER OR 2040 PG 1439 PER OR 6543 PG 3911
Tax Annual Amount
4439
Legal Description
E 122.5 FT OF LOT 6 EXC STS BLK 4 MEMENTO PER OR 2040 PG 1439 PER OR 6543 PG 3911
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating), Hot Water(Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1959
Number of units
1
Flooring type
Terrazzo, Concrete, Tile, Stone
Building materials
Block, Brick, Cement Siding, Concrete, Stone, Stucco
Roof type
Flat
Listing Agency:
Realty Pros Commercial
(386) 253-8565
Listed By:
Terry Sitaram · License #3092297
(386) 237-4444
Added: Apr 22, 2025
Changed: Aug 20
Last Checked: Aug 31 at 5:06AM
MLS# 1212616
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This building-only commercial property is offered without the former business or its equipment. The structure features block construction, a flat roof, upgraded electric service, and a newer roof. Existing interior finishes include terrazzo, concrete, tile, and stone flooring, with a bathroom identified in the property information. Heating includes central, electric, and hot-water systems, while cooling is provided by electric central air.
The property is located at 133 Main Street in downtown Daytona Beach, with street frontage and potential for prominent signage. Public water and public sewer serve the site, and cable is available. The property previously operated as a dry cleaning establishment, while the building may also accommodate retail, office, professional services, or other commercial uses subject to applicable requirements.
The property is located at 133 Main Street in downtown Daytona Beach, with street frontage and potential for prominent signage. Public water and public sewer serve the site, and cable is available. The property previously operated as a dry cleaning establishment, while the building may also accommodate retail, office, professional services, or other commercial uses subject to applicable requirements.
Key Highlights
- 0.15‑acre site at 133 Main Street, Daytona Beach, FL 32118
- Block construction with a flat roof and newer roof
- Upgraded electric service
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,954
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,080
$1.0M
Cap Rate 7%
$727,914
$727.9K
Cap Rate 9%
$566,156
$566.2K
Market Conditions
NOI Build-Up for 5,410 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$81.2K $15.00/SF
− Vacancy
−$8.4K −$1.55/SF
EGI
$72.8K $13.46/SF
− OpEx
−$21.8K −$4.04/SF
NOI
$51.0K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,080
Cap Rate 7%
$727,914
Cap Rate 9%
$566,156
Alternative Uses
Best Use
Retail
$727.9K
$636.9K – $849.2K
NOI $50,954 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M
NOI $111,662 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
40k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 32%
Hotels & Casinos 10%
7-Eleven
Shops & Services
9,090 visits/mo
0.3 miles
7-Eleven
Shops & Services
7,013 visits/mo
0.4 miles
Dunkin' Donuts
Dining
5,128 visits/mo
0.5 miles
Circle K
Shops & Services
4,699 visits/mo
0.1 miles
Domino's Pizza
Dining
4,599 visits/mo
0.5 miles
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Building-only sale with upgraded electric service, a newer roof, and potential for retail, office, or professional-service conversion.
Where is this storefront property located?
The property is located at 133 Main Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 0.15‑acre site at 133 Main Street, Daytona Beach, FL 32118; Block construction with a flat roof and newer roof; Upgraded electric service
