Mixed-Use Building with Commercial
101 Indigo Drive, Daytona Beach, FL 32114
For Sale
Contact for pricing
The building accommodates educational, religious, and childcare uses alongside dining and event spaces.
Property Size25,520 SF
Lot Size2.89 Acres
Price / SF$227.27
Days on Market15
Property Features for 101 Indigo Drive
General Information
Standard status
Size
Lot size
Property subtype
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Gross Income
Amenities
full commercial kitchen
dining room
banquet rooms
classroom
water views
Building Details
Buildings
Stories
Tenancy
Listing Agency:
Marlin Realty Group
Listed By:
Bryce Fremont · License #3247406
(386) 846-8866
Source:
Crexi
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 2:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marlin Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This one-story mixed-use property contains 25,520+/- square feet on 2.89+/- acres. Its interior includes a commercial kitchen, dining area, banquet rooms, and classrooms. The property is currently occupied for private school, worship, and daycare operations, and the existing lease was recently extended for five years. The tenant covers utilities, taxes, and maintenance.
Water views are available along the rear of the building. A city-approved billboard overlooks I95.
Water views are available along the rear of the building. A city-approved billboard overlooks I95.
Key Highlights
- 25,520+/- square feet in a one‑story building on 2.89+/- acres
- Commercial kitchen, dining area, banquet rooms, and classrooms
- Currently used for private school, worship, and daycare
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$315,236
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,304,720
$6.3M
Cap Rate 7%
$4,503,371
$4.5M
Cap Rate 9%
$3,502,622
$3.5M
Market Conditions
NOI Build-Up for 25,520 SF
Gross rent
$551.2K $21.60/SF
− Vacancy
−$46.9K −$1.84/SF
EGI
$504.4K $19.76/SF
− OpEx
−$189.1K −$7.41/SF
NOI
$315.2K $12.35/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,304,720
Cap Rate 7%
$4,503,371
Cap Rate 9%
$3,502,622
Alternative Uses
Best Use
Mixed Use
$4.50M
$3.94M – $5.25M
NOI $315,236 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.52M
$6.58M – $8.78M
NOI $526,733 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Daytona Beach, FL
Properties on Market for Mixed-use properties in Daytona Beach
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building accommodates educational, religious, and childcare uses alongside dining and event spaces.
Where is this mixed-use property located?
The property is located at 101 Indigo Drive Daytona Beach, FL.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: 25,520+/- square feet in a one‑story building on 2.89+/- acres; Commercial kitchen, dining area, banquet rooms, and classrooms; Currently used for private school, worship, and daycare
