Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1173 W International Speedway Blvd Daytona Beach, FL 32114

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail/Office center with high visibility and ample parking.

    Building Details

    Year built
    2016

    We can help!

    Listing Contact
    John W. Trost, Ccim
    Source: Svn

    Listing Agency: SVN | Alliance Commercial Real Estate Advisors Listing Agent: John W. Trost, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail/Office Center on Speedway Boulevard

    The Tarragona Shoppes retail and office center is located on International Speedway Boulevard. One unit remains available, a 1,465 square foot space formerly used as a barbershop. Pylon signage is available. The center has 114 parking spaces. It is located across the street from Daytona State College, on the southeast corner of International Speedway Boulevard and Central Avenue, between Clyde Morris Boulevard and Nova Road, with a westbound turn lane into the center. The location offers visibility on International Speedway Boulevard and is near Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, and Interstate 95. Current tenants include Dunkin' Donuts with a drive-thru, Valencia Nail & Spa, Marco's Pizza, iFixScreens, Famous Philly's Cheesesteak Grill, State Farm, Affordable Dentures, Insomnia Cookies, and HOTWORX. The estimated CAM, real estate taxes, and insurance amount to $6.75 per square foot. The property is near several large employers and educational institutions, including Halifax Health with 4,050 employees, International Speedway Corporation with 1,000 employees, Daytona State College with 14,738 students, Embry-Riddle Aeronautical University with 7,111 students, and Bethune-Cookman University with 4,642 students. The property size is 20,839 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Affordable Dentures & Implants Dental Office Famous Philly's Cheesesteak ... Restaurant Dunkin' Cafe & Coffee Shop Sarah Buckley - State ... Insurance Agency Hair Mechanix Daytona ... Barber Shop

    Suggested Use

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

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

    Similar Places Nearby

    Daytona Plaza, Mid Town Plaza, Coin Cloud Bitcoin ATM, Sunglass Hut, Bamboo Pillows

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.050715
    Latitude
    29.19664

    Nearby Similar for Sale

    • New
      $850,000
      8,237 SF

      Daytona Beach Commercial Property Available

      High-exposure commercial property near Daytona International Speedway.
      936 W International Speedway Blvd, Daytona Beach, FL 32114
      View Details
    • New
      $749,999
      5,819 SF

      Daytona Beach Professional Office Building

      High-profile office building in a desirable Daytona Beach location.
      213 Silver Beach Ave, Daytona Beach, FL 32118
      View Details
    • $774,900
      7,172 SF

      Versatile Mixed-Use Building in Daytona

      Updated mixed-use building with retail, office, and warehouse space.
      529 Ridgewood Ave, Daytona Beach, FL 32117
      View Details
    • $950,000
      6,300 SF

      Daytona Beach Retail/Warehouse Building

      Renovated retail and warehouse space with high visibility.
      719 N Ridgewood Ave, Daytona Beach, FL 32114
      View Details
    • $360,000
      3,300 SF

      Turnkey Pizza Restaurant in Daytona

      Fully operational pizza restaurant in Daytona Beach's entertainment district.
      615 Seabreeze Blvd, Daytona Beach, FL 32118
      View Details
    • $849,000
      6,600 SF

      Daytona Beach Shores Live-Work Property

      Live and work in this unique property near the beach.
      2020 S Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • $999,000
      3,880 SF

      Daytona Beach Restaurant/Bar Opportunity

      Two-story restaurant/bar in a prime Daytona Beach location.
      415 Main St, Daytona Beach, FL 32118
      View Details
    • $900,000
      4,018 SF

      Daytona Beach Auto Repair Shop

      Auto repair shop with waterfront access in Daytona redevelopment area.
      705 N Beach St N, Daytona Beach, FL 32114
      View Details
    • $448,370
      Pending

      Daytona Beach Commercial Building

      Freestanding commercial building in high-traffic area near the beach.
      523 N Peninsula Dr, Daytona Beach, FL 32118
      View Details
    • $365,000
      1,500 SF

      Versatile Commercial Building in Daytona

      1,500 SF commercial building with retail and warehouse space.
      1012 N Nova Rd, Daytona Beach, FL 32117
      View Details
    • $899,000
      6,700 SF

      Daytona Beach Commercial Corner Lot

      6,700 SF commercial property with 8 automotive bays.
      401 Mason Ave, Daytona Beach, FL 32117
      View Details
    • $335,000
      1,300 SF

      Daytona Beach Commercial Opportunity

      High-visibility commercial property in Daytona Beach's established commercial district.
      141 W International Speedway Blvd, Daytona Beach, FL 32114
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail/Office center with high visibility and ample parking.
    Where is this shopping center located?
    The property is located at 1173 W International Speedway Blvd Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $26.
    What are key features of this property?
    This property features: - High-visibility location on International Speedway Boulevard with a westbound turn lane into the center.; - Pylon signage available.; - Located across the street from Daytona State College.
    (386) 301-4581
    Request Owner's contact information
    1173 W International Speedway Blvd Daytona Beach, FL 32114
    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.
    1173 W International Speedway Blvd
    Daytona Beach, FL 32114
    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
    1173 W International Speedway Blvd Daytona Beach, FL 32114
    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

    We can help!
    Listing Contact
    John W. Trost, Ccim
    Real Estate License ID: #BK-0160420
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!