Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Daytona Beach Ground Lease Opportunity Title is generated by Realmo AI

    1102 S Atlantic Ave, Daytona Beach, FL 32118

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    0.79 acre ground lease or build-to-suit near beach.

    Type:Land
    Lot size:
    0.79 Acres
    Added:
    Nov 2, 2023
    Days on Market:
    938
    Last Refresh:
    May 12 at 11:04 pm

    Property Features for 1102 S Atlantic Ave

    General Information

    Standard status
    Active
    Lot size
    0.79 Acres
    Property subtype
    Land

    Spaces For Lease

    at 1102 S Atlantic Ave Contact us

    We can help!

    Listing Contact
    Kayla Deguzman

    Listing agent Kayla Deguzman License #FL

    Listing office Cantrell & Morgan

    Listing date Nov 2, 2023

    Source Crexi

    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 Cantrell & Morgan

    HighLights

    • Premier Daytona Beach location steps from the beach
    • High‑traffic location at the signalized intersection of A1A and Silver Beach Avenue
    • 0.79 acre ground lease or build‑to‑suit opportunity
    • Close proximity to multiple hotels
    • Daytona Beach is a popular beachfront vacation destination
    • Daytona Beach is home to the Daytona International Speedway

    Overview

    This 0.79-acre parcel presents a ground lease or build-to-suit opportunity. The property is located steps from the beach and multiple hotels, offering a location in Daytona Beach. Situated at the signalized intersection of A1A and Silver Beach Avenue, the parcel benefits from high traffic. Daytona Beach is known for its beaches and the Daytona International Speedway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.016541
    Latitude
    29.245397

    Nearby Similar for Lease

    • $18 SF/Yr
      2,183 SF

      Downtown Daytona Beach Retail Space

      Modern, renovated retail or creative office space in downtown Daytona.
      136 S Beach Street, Daytona Beach, FL 32114
      View Details
    • $3,757/Mo
      1,520 SF

      Daytona Beach Office Space Available

      Professional office suite in prime Daytona Beach location for lease.
      569 Health Boulevard, Daytona Beach, FL 32114
      View Details
    • $3,400/Mo
      3,900 SF

      Modern Office Space in Daytona

      Turnkey office space with versatile layout and prime location.
      115 S Palmetto Avenue, Daytona Beach, FL 32114
      View Details
    • $3,511/Mo
      3,009 SF

      Daytona Beach Office Space Available

      Flexible office space in high-traffic business corridor, Daytona Beach.
      369 Bill France Boulevard, Daytona Beach, FL 32114
      View Details
    • $22 SF/Yr
      2,142 SF

      Move-in Ready Daytona Beach Suite

      Turnkey office suite in premier Daytona Beach corporate location.
      131 Executive Circle, Daytona Beach, FL 32114
      View Details
    • $5,676/Mo
      4,865 SF

      Daytona Beach Commercial Space For Rent

      Versatile 4,865 SF space in Daytona's Design District.
      566 Ballough Road, Daytona Beach, FL 32114
      View Details
    • $20 SF/Yr
      2,500 SF

      Daytona Beach Shores Retail Space

      Prime commercial space near the Atlantic Ocean in Daytona Beach.
      3400 S ATLANTIC AVENUE, DAYTONA BEACH, FL 32118
      View Details
    • $1,490/Mo
      894 SF

      Harbor Plaza Office with Marina Views

      Well-maintained office suite with Intracoastal Waterway views in Daytona Beach.
      125 Basin Street, Daytona Beach, FL 32114
      View Details
    • $2,650/Mo
      2,362 SF

      Daytona Beach Commercial Space For Rent

      Versatile commercial space in growing district with river views.
      923 N Beach Street, Daytona Beach, FL 32117
      View Details
    • $26,644 SF/Yr
      22,050 SF

      Daytona Beach Industrial Property

      Versatile industrial space with showroom, warehouse, and distribution capabilities.
      701 Fentress Boulevard, Daytona Beach, FL 32114
      View Details
    • $4,175/Mo
      34,442 SF

      Daytona Beach Class A Office

      Class A office space with waterfront views and 24-hour security.
      825 Ballough Road, Daytona Beach, FL 32114
      View Details
    • $8,000/Mo

      Daytona Gas Station Leasing Opportunity

      Prime corner site with existing gas station infrastructure for lease.
      895 N Nova, Daytona, FL 32117
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.79 acre ground lease or build-to-suit near beach.
    Where is this commercial land located?
    The property is located at 1102 S Atlantic Ave Daytona Beach, FL.
    What are key features of this property?
    This property features: Premier Daytona Beach location steps from the beach; High‑traffic location at the signalized intersection of A1A and Silver Beach Avenue; 0.79 acre ground lease or build‑to‑suit opportunity
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kayla Deguzman
    Real Estate License ID: FL
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1102 S Atlantic Ave, Daytona Beach, FL 32118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!