Dock High Warehouse
1640 Segrave St Daytona Beach, FL 32119
1640 Segrave St, Daytona Beach, FL, 32119
$1,749,000
For Sale
$1,749,000
Available dock high warehouse space in central South Daytona location.
Property Size12,000 SF
Price / SF$145.75
Days on Market238
Property Features for 1640 Segrave St
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1972
Listing Agency
(386) 566-3726
Listed by
Carl W. Lentz IV, MBA, CCIM · License #FL #BK3068067
(386) 566-3726
Source
Svn
Added: Nov 21, 2025 Checked: Jul 16 at 5:01 am
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 Carl W. Lentz IV, MBA, CCIM
Investment Insights
Based on property information with market context.
This dock high warehouse space is available immediately for occupancy. The concrete block building features 14' clear inside ceiling height. There are two 6,000 SF spaces that are adjacent and can be occupied separately or together for a total of 12,000 SF. The property includes four 10' roll-up doors on the front and two on the rear. Light Industrial Zoning in South Daytona provides for many uses. The property is centrally located just south of Beville Road on Segrave Street in South Daytona, one block west of US-1. It is 4.1 miles (9 minutes) to I-4 & I-95. The property features a small office space on both sides of the building. It is located in a mature industrial area. The property has a new roof and HVAC system installed in the past 3 years. It features 3-phase power throughout, 2 electric meters, and 1 water meter.
Key Highlights
- Dock High warehouse space available immediately.
- Excellent central location near Beville Road, I‑4, I‑95, and US‑1.
- Light Industrial (LI) zoning allows for many uses.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.5k | $9.96 |
| − Vacancy | −$6.0k | −$0.50 |
| EGI | $113.5k | $9.46 |
| − OpEx | −$17.0k | −$1.42 |
| NOI | $96.5k | $8.04 |
12,000 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.38M
$1.21M – $1.61M
NOI $96,512 @ 7.0% cap · market cap 5.52%
Second Best
Industrial
$1.02M
$893.0K – $1.19M
NOI $71,442 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$3.54M
$3.10M – $4.13M
NOI $247,680 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Standard Rivet Company
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- All Aboard Storage — 409 Big Tree Rd, South Daytona, FL 32119
- Filetech Inc — 409 Big Tree Rd, South Daytona, FL 32119
- Locke it -n — 959 Rooster Rd, South Daytona, FL 32119
- Elite Van Lines — 1326 S Ridgewood Ave, Daytona Beach, FL 32114
FAQs
What type of property is this?
Warehouse - Available dock high warehouse space in central South Daytona location.
Where is this warehouse located?
The property is located at 1640 Segrave St Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: Dock High warehouse space available immediately.; Excellent central location near Beville Road, I‑4, I‑95, and US‑1.; Light Industrial (LI) zoning allows for many uses.
