Modernized Retail
For Sale
$335,000
141 W International Speedway Boulevard, Daytona Beach, FL 32114
Commercial Sale, Daytona Beach, FL
Property Size1,300 SF
Lot Size0.03 Acres
Price / SF$257.69
Days on Market210
Property Features for 141 W International Speedway Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Assigned, On Street
Directions
From I-95 Take exit to 92 International Speedway, drive east, property will be to the right before the bridge.
Subdivision
34 - Daytona ISB to Mason, E of 95
Standard status
Active
APN
5339-09-02-0052
Size
1,300 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
39-15-33 N 128.44 FT MEAS ON W/L S OF VOLUSIA AVE OF E 12.73 FT OF W 153.78 FT MEAS ON N/L E OF PALMETTO AVE OF LOTS 4 TO 6 INC BLK 2 ASSESSORS SUBDIVISION MB 3 PG 125 MB 16 PG 63 OF HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 4397 PG 4430 PER OR 75
Tax Annual Amount
2766
Legal Description
39-15-33 N 128.44 FT MEAS ON W/L S OF VOLUSIA AVE OF E 12.73 FT OF W 153.78 FT MEAS ON N/L E OF PALMETTO AVE OF LOTS 4 TO 6 INC BLK 2 ASSESSORS SUBDIVISION MB 3 PG 125 MB 16 PG 63 OF HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 4397 PG 4430 PER OR 75
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
polished concrete-style tile flooring
high ceilings
industrial-chic aesthetic
front reception or retail area
open workspace
rear storage with industrial shelving
Building Details
Year built
1955
Number of units
1
Building materials
Concrete
Listing Agency:
Oceans Luxury Realty Full Service LLC
(386) 236-3700
Listed By:
Kevin Purucker
(386) 235-8190
Added: Feb 3
Changed: Aug 20
Last Checked: Sep 1 at 9:06PM
MLS# 1222531
Copyright © 2026 Daytona Beach Area Association of Realtors. 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 1,300-square-foot storefront property provides a flexible commercial interior with expansive glass frontage, high ceilings, and polished concrete-style tile flooring. The layout includes a front reception or retail area, an open workspace, a bathroom, and rear storage equipped with industrial shelving. Central air, concrete construction, public water, and public sewer support the property’s existing functionality.
The property occupies 0.03 acres at 141 W International Speedway Boulevard in Daytona Beach, with exposure along a corridor carrying over 23,500 vehicles per day. It is positioned within an established commercial strip near downtown Daytona Beach, the Halifax River, and major connectors. Assigned parking and on-street parking serve customers and staff.
The property occupies 0.03 acres at 141 W International Speedway Boulevard in Daytona Beach, with exposure along a corridor carrying over 23,500 vehicles per day. It is positioned within an established commercial strip near downtown Daytona Beach, the Halifax River, and major connectors. Assigned parking and on-street parking serve customers and staff.
Key Highlights
- 1,300 square feet of commercial storefront space
- Over 23,500 vehicles per day along W International Speedway Boulevard
- Expansive glass frontage with high ceilings and polished concrete‑style tile flooring
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
Lease Details
23,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
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 - Open commercial interior with glass frontage, central air, rear storage, and assigned and on-street parking.
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: 1,300 square feet of commercial storefront space; Over 23,500 vehicles per day along W International Speedway Boulevard; Expansive glass frontage with high ceilings and polished concrete‑style tile flooring
