Daytona Beach Commercial
For Sale
$335,000
141 W International Speedway Boulevard, Daytona Beach, FL 32114
High-visibility commercial space in established Daytona Beach district.
Property Size1,300 SF
Price / SF$257.69
Days on Market202
Property Features for 141 W International Speedway Boulevard
General Information
Standard status
Active
Size
1,300 SF
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$2,766
Amenities
Private Restroom, Rear Access
Central Air
On Street, Unassigned
Building Details
Building Size
1,300 SF
Year Built
1955
Listing Agency:
Oceans Luxury Realty Full Service LLC
(386) 235-8190
Listed By:
Kevin Purucker · License #3366027
(386) 235-8190
Source:
Evrealestate
Added: Feb 3
Changed: Aug 23
Last Checked: Aug 24 at 5:49AM
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 Oceans Luxury Realty Full Service LLC
Investment Insights
Based on property information with market context.
Located at 141 W International Speedway Blvd in Daytona Beach's commercial district, this street-front property offers high visibility with over 23,500 vehicles per day. The space is suitable for retail, showroom, office, wellness, or creative concepts. The modernized storefront features expansive glass frontage, providing natural light and branding presence. The interior includes a front reception or retail area, an open workspace, and rear storage with industrial shelving. The property has a clean, open layout with polished concrete-style tile flooring, high ceilings, and an industrial-chic aesthetic. It is located within a commercial strip surrounded by established local businesses, benefiting from traffic flow, neighborhood synergy, and proximity to downtown Daytona Beach, the Halifax River, and major connectors. Ample street parking enhances accessibility. The property size is 1300 square feet.
Key Highlights
- High‑visibility location on International Speedway Blvd with over 23,500 vehicles per day.
- Modernized storefront with expansive glass frontage and abundant natural light.
- Clean, open layout with high ceilings and industrial‑chic aesthetic.
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
$12,244
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
3.65%
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%
$244,880
$244.9K
Cap Rate 7%
$174,914
$174.9K
Cap Rate 9%
$136,044
$136.0K
Market Conditions
NOI Build-Up for 1,300 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
$19.5K $15.00/SF
− Vacancy
−$2.0K −$1.55/SF
EGI
$17.5K $13.46/SF
− OpEx
−$5.2K −$4.04/SF
NOI
$12.2K $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%
$244,880
Cap Rate 7%
$174,914
Cap Rate 9%
$136,044
Alternative Uses
Best Use
Retail
$174.9K
$153.1K – $204.1K
NOI $12,244 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$383.3K
$335.4K – $447.2K
NOI $26,832 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,693
Businesses Nearby
80k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 26%
Wawa
Shops & Services
41,181 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
12,229 visits/mo
0.2 miles
Sunoco
Shops & Services
6,671 visits/mo
0.5 miles
Burger King
Dining
5,628 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,566 visits/mo
0.3 miles
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Zahn's Flowers — 140 W International Speedway Blvd, Daytona Beach, FL 32114
- ARTISTIC FLORIST — 351 dr mary mcleod bethune blvd, daytona beach, fl 32114
Frequently Asked Questions
What type of property is this?
Storefront property - High-visibility commercial space in established Daytona Beach district.
Where is this storefront property located?
The property is located at 141 W International Speedway Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: High‑visibility location on International Speedway Blvd with over 23,500 vehicles per day.; Modernized storefront with expansive glass frontage and abundant natural light.; Clean, open layout with high ceilings and industrial‑chic aesthetic.
