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    501 N. Grandview Ave Daytona Beach, FL 32118

    Source: https://svn.com
    For Sale
    $2,950,000

    Value Add Opportunity (2.23 Acres) on the Daytona Beachside

    Property size:
    39,592 SF

    Description

    Added:
    May 16, 2025
    Days on Market:
    206
    Listed for only $82/square foot! Owner financing available to qualified buyers. Currently, 22.5% occupied with space available.
    Excellent opportunity for an office user to occupy a portion of the building and offset costs with rental income in the building.
    For investors, add tenants and collect rent while you wait to redevelop the 2.23 acres of prime beachside land.
    Concrete block construction. 150 +/- parking spaces (currently has rental income from parking).
    Recent capital expenditures include: $90K TPO roof and $80K HVAC upgrades.

    Location Description
    Discover the vibrant charm of Daytona Beach, FL, surrounding the location. With its world-famous beach and iconic Daytona International Speedway, the area offers a lively mix of leisure and business. Convenient access to I-95 and major roadways makes commuting a breeze, while nearby dining and retail options ensure everyday convenience for tenants and employees. The Daytona Beach International Airport also lies within a short drive, providing essential connectivity for businesses with national and global reach. Whether it's catching a race at the Speedway, enjoying waterfront dining, or exploring the local arts scene, the location offers an exceptional blend of professional opportunity and coastal lifestyle.

    Property Features for 501 N. Grandview Ave

    General Information

    Property type
    Office buildings
    Investment Type
    value-add
    Square Feet
    39,592 SF
    Price / Square Foot
    $74
    Class
    B
    Elevators
    Yes
    Lot Size
    97,139 SF

    Building Details

    Year Built
    1968
    Buildings
    1
    Stories
    5

    HighLights

    • In addition to office and retail, BR‑2 zoning has wide range of uses for redevelopment such as hotel, multi‑family, medical office, mixed‑use multi‑story and more. Located in the heart of the World's Most Famous Beach (Daytona Beach, FL) with easy access to beachside shopping and hotels. Nearby the Daytona Lagoon, Daytona Beach Bandshell, and the Ocean Convention Center, and several 4‑star hotels including the Daytona Grande Oceanfront Hotel and the Plaza Resort & Spa.
    Insight Report Location Intelligence

    Current Use by Public Records

    Securitas Security Services ... Security Guard Service SCS Engineers Engineer Architechs for the Web, Inc. Website Designer Wickersham & Bowers Law Firm Auto Glass & Windshield ... Auto Glass Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    State
    Florida
    Longitude
    -81.0097671
    Latitude
    29.2270172

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    FAQs

    What type of property is this?
    Office building - Value Add Opportunity (2.23 Acres) on the Daytona Beachside
    Where is this office building located?
    The property is located at 501 N. Grandview Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: In addition to office and retail, BR-2 zoning has wide range of uses for redevelopment such as hotel, multi-family, medical office, mixed-use multi-story and more. Located in the heart of the World's Most Famous Beach (Daytona Beach, FL) with easy access to beachside shopping and hotels. Nearby the Daytona Lagoon, Daytona Beach Bandshell, and the Ocean Convention Center, and several 4-star hotels including the Daytona Grande Oceanfront Hotel and the Plaza Resort & Spa.
    (386) 999-1762
    Request Owner's contact information
    501 N. Grandview Ave Daytona Beach, FL 32118
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    Realmo Value Estimation

    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.

    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.

    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
    501 N. Grandview Ave Daytona Beach, FL 32118
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