Two-Story Office Building Near
For Sale
Contact for pricing
1610 W International Speedway Blvd, Daytona Beach, FL 32114
25,674 SF office building on 2.29 acres.
Property Size25,674 SF
Lot Size2.29 Acres
Price / SF$128.15
Days on Market258
Property Features for 1610 W International Speedway Blvd
General Information
Standard status
Active
Size
25,674 SF
Lot size
2.29 Acres
Property subtype
Industrial, Retail, Self Storage, Special Purpose
Zoning
br2
Investment Type
Owner/User
Building Details
Year Renovated
2006
Buildings
1
Stories
2
Units
1
Listing Agency:
Epique Realty- Tampa
Listed By:
Dino Dodani · License #FL SL3221388
(386) 679-0888
Source:
Crexi
Added: Jan 27
Changed: Oct 10
Last Checked: Oct 11 at 4:43AM
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 Epique Realty- Tampa
Investment Insights
Based on property information with market context.
This two-story office building, with a total size of 25,674 square feet, is situated on 2.29 acres. The building includes a 462 square foot warehouse component with one grade-level door and one dock well. The first floor encompasses 16,855 square feet, while the second floor provides 8,819 square feet of space. Renovated in 2006, the property offers 96 parking spaces, reflecting a ratio of 3.75 spaces per 1,000 square feet. The location benefits from high traffic, with an average daily traffic count of 38,000. Zoned BR-2 in Daytona Beach with a future land use designation of Retail, the property is suitable for professional and medical offices, medical treatment facilities, vocational and trade schools, restaurants, banks, breweries, pharmacies, liquor stores, and boat/marine sales and rentals, among other retail and commercial uses. The property is located near the Daytona International Speedway and adjacent to the 844,193 square foot Volusia Mall and across from Daytona Beach International Airport. Previously used as a retail store and most recently home to Embry Riddle University, the office is move-in-ready.
Key Highlights
- Highly visible 25,674 SF building on 2.29 acres with 38,000 ADT.
- Prime location adjacent to Volusia Mall, across from Daytona International Speedway and Daytona Beach International Airport.
- Move‑in‑ready, well‑appointed two‑story office building, renovated in 2006.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$241,811
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,836,220
$4.8M
Cap Rate 7%
$3,454,443
$3.5M
Cap Rate 9%
$2,686,789
$2.7M
Market Conditions
NOI Build-Up for 25,674 SF
Gross rent
$385.1K $15.00/SF
− Vacancy
−$39.7K −$1.55/SF
EGI
$345.4K $13.46/SF
− OpEx
−$103.6K −$4.04/SF
NOI
$241.8K $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 Rate 5%
$4,836,220
Cap Rate 7%
$3,454,443
Cap Rate 9%
$2,686,789
Alternative Uses
Best Use
Office B
$5.50M
$4.81M – $6.41M
NOI $384,725 @ 7.0% cap · market cap 11.69%
Second Best
Retail
$3.45M
$3.02M – $4.03M
NOI $241,811 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$7.57M
$6.62M – $8.83M
NOI $529,911 @ 7.0% cap · market cap 16.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,315
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - 25,674 SF office building on 2.29 acres.
Where is this office building located?
The property is located at 1610 W International Speedway Blvd Daytona Beach, FL.
What is the asking price?
The asking price for this property is $3,290,000.
What are key features of this property?
This property features: Highly visible 25,674 SF building on 2.29 acres with 38,000 ADT.; Prime location adjacent to Volusia Mall, across from Daytona International Speedway and Daytona Beach International Airport.; Move‑in‑ready, well‑appointed two‑story office building, renovated in 2006.
