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

    1899 S Clyde Morris Blvd Daytona Beach, FL 32117

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

    10,770 SF restaurant with three drive-thru lanes for rent.

    Property size:
    10,770 SF
    Lot size:
    2.91 Acres

    Property Features for 1899 S Clyde Morris Blvd

    General Information

    Size
    10,770 SF
    Lot size
    2.91 Acres

    We can help!

    Listing Contact
    Matthew Sundberg
    Matthew Sundberg
    Source: Moodyscre

    Listing Agency: Matthews Real Estate Investment Services - Orange County Listing Agent: Matthew Sundberg

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

    Learn more

    Property Insight Report

    Overview

    Daytona Beach Drive-Thru Restaurant

    This 10,770 square-foot building is situated on a large 1.67-acre lot, which equates to 72,745 square feet. The property features three drive-thru lanes and excellent on-site parking with 50 spaces. It is located on a signalized hard corner with high combined traffic counts of 31,000 vehicles per day. The location is approximately eight minutes from both Daytona Beach International Airport and Daytona Beach International Speedway. It also offers proximity to the intersection of I-4 and I-95. The surrounding area has dense demographics, with a population of 130,260 people within a 5-mile radius. This property is suitable for drive-through restaurants and other retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BB&T Insurance Services Insurance Agency Kid City USA ... Daycare Center Truist Financial Advisor BB&T ATM Atm BB&T Mortgage Loan Service

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0378247
    Latitude
    29.157236

    Nearby Similar for Lease

    • New
      $3,511 /Mo
      3,009 SF

      Daytona Beach Office Space Available

      Flexible office space in high-traffic business corridor, Daytona Beach.
      369 Bill France Blvd, Daytona Beach, FL 32114
      View Details
    • $4,463 /Mo
      2,142 SF

      Daytona Beach Executive Office Suite

      Turnkey office suite in premier Daytona Beach corporate location.
      131 Executive Cir, Daytona Beach, FL 32114
      View Details
    • $4,614 /Mo
      2,142 SF

      Move-in Ready Daytona Beach Office

      Professional office suite with flexible layout and immediate occupancy.
      325 N Williamson Blvd, 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 Ave, Daytona Beach, FL 32118
      View Details
    • $16 SF/Yr
      15,360 SF

      Daytona Beach Office Space Available

      Professional office suite in high-visibility location near shopping and attractions.
      433 Silver Beach Ave, Daytona Beach, FL 32118
      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 Rd, Daytona Beach, FL 32114
      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 St, Daytona Beach, FL 32114
      View Details
    • $4,449 /Mo
      2,214 SF

      Daytona Beach Restaurant Opportunity

      Second generation restaurant space available for lease in Daytona Beach.
      747 W Intl Speedway Blvd, 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 St, Daytona Beach, FL 32117
      View Details
    • $3,460 /Mo
      1,730 SF

      Renovated Office Building with Ocean Views

      Renovated office building in Daytona Beach with ocean views.
      140 S Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • $6,467 /Mo
      5,404 SF

      Daytona Beach Flex Space

      Industrial/flex space with office and warehouse near I-95.
      Daytona Beach, FL 32124
      View Details
    • $813 /Mo
      325 SF

      Office Space with Waterway Views

      Furnished office space with Intercoastal waterway views in Daytona Beach.
      861 Ballough Rd, Daytona Beach, FL 32114
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - 10,770 SF restaurant with three drive-thru lanes for rent.
    Where is this drive through restaurant located?
    The property is located at 1899 S Clyde Morris Blvd Daytona Beach, FL.
    What are key features of this property?
    This property features: - Large 1.67 AC (72,745 SF) lot on a signalized hard corner.; - High traffic counts of 31,000 vehicles per day (VPD).; - 10,770 SF building with 3 drive-thru lanes.
    (770) 757-1963 Call to check price and availability
    Request Owner's contact information
    1899 S Clyde Morris Blvd Daytona Beach, FL 32117
    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.
    1899 S Clyde Morris Blvd
    Daytona Beach, FL 32117
    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
    1899 S Clyde Morris Blvd Daytona Beach, FL 32117
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matthew Sundberg
    Matthew Sundberg
    (770) 757-1963 (866) 889-0550 (949) 777-5991
    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!