Search
Storefront Building with Central HVAC
For Sale
$1,200,000

133 MAIN Street E, Daytona Beach, FL 32118

Commercial Sale, DAYTONA BEACH, FL

Property Size5,410 SF
Lot Size0.15 Acres
Price / SF$221.81
Days on Market510

Property Features for 133 MAIN Street E

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMERCIAL
Window features Storm Window(s), Shutters, Display Window(s), Aluminum Frames
Appliances Refrigerator
Subdivision 7244 - DAYTONA BEACH- MAIN ST
Lot features Central Business District, Corner Lot
View River
Directions International Speedway & Halifax Ave, Go North, Building is located on the Left, Main Street& Halifax Corner.
Standard status Active
APN 53-05-08-04-0061
Size 5,410 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description E 122.5 FT OF LOT 6 EXC STS BLK 4 MEMENTO PER OR 2040 PG 143 9 PER OR 6543 PG 3911
Tax Annual Amount 4442
Legal Description E 122.5 FT OF LOT 6 EXC STS BLK 4 MEMENTO PER OR 2040 PG 143 9 PER OR 6543 PG 3911

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 1
Flooring type Concrete, Tile - Ceramic
Building materials Block, Brick, Cement Siding, Concrete
Additional Structures Storage
Listing Agency: REALTY PROS ASSURED
Listed By: Terry Sitaram · License #3092297
Added: Apr 22, 2025 Changed: Sep 12 Last Checked: Sep 13 at 5:06PM
MLS# V4942306

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,410-square-foot storefront building, constructed in 1980, is offered as a building-only sale. The property sits on 0.15 acres and carries COMMERCIAL zoning. Existing improvements include block, brick, cement siding, and concrete construction, with concrete and ceramic tile flooring. Central heating and central air are in place, while a refrigerator remains at the property. The former dry cleaning use is referenced in the property information, but the business and equipment are not included.

The property is located in downtown Daytona Beach and is served by public water and public sewer. Phone service is available. The building provides an existing commercial structure for a new or adapted use, subject to applicable approvals and requirements.

Key Highlights

  • 5,410‑square‑foot storefront building on 0.15 acres
  • COMMERCIAL zoning
  • Constructed in 1980

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,954
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.25%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,080 $1.0M
Cap Rate 7%
$727,914 $727.9K
Cap Rate 9%
$566,156 $566.2K
Market Conditions
NOI Build-Up for 5,410 SF 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.
Gross rent
$81.2K $15.00/SF
− Vacancy
−$8.4K −$1.55/SF
EGI
$72.8K $13.46/SF
− OpEx
−$21.8K −$4.04/SF
NOI
$51.0K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,080
Cap Rate 7%
$727,914
Cap Rate 9%
$566,156

Alternative Uses

Best Use
Retail
$727.9K
$636.9K – $849.2K (±1% cap)
NOI $50,954 @ 7.0% cap · market cap 4.25%
Second Best
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M (±1% cap)
NOI $111,662 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Garden Center (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

919
Businesses Nearby
40k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Dining 32% Hotels & Casinos 10%
7-Eleven Shops & Services
9,090 visits/mo 0.3 miles
7-Eleven Shops & Services
7,013 visits/mo 0.4 miles
Dunkin' Donuts Dining
5,128 visits/mo 0.5 miles
Circle K Shops & Services
4,699 visits/mo 0.1 miles
Domino's Pizza Dining
4,599 visits/mo 0.5 miles

Demographics for 32118, FL

17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • ARTISTIC FLORIST 351 dr mary mcleod bethune blvd, daytona beach, fl 32114

Frequently Asked Questions

What type of property is this?
Storefront property - Commercially zoned storefront with public water and sewer, central air, and a flexible building-only offering.
Where is this storefront property located?
The property is located at 133 MAIN Street E Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5,410‑square‑foot storefront building on 0.15 acres; COMMERCIAL zoning; Constructed in 1980
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