Two-Suite Medical Office
For Sale
Contact for pricing
1667 N CLYDE MORRIS BLVD, Daytona Beach, FL 32117
Fully leased medical property offers separate suite configuration for continued occupancy or an owner-user arrangement.
Property Size4,419 SF
Price / SF$370.45
Days on Market177
Property Features for 1667 N CLYDE MORRIS BLVD
General Information
Standard status
Active
Size
4,419 SF
Property subtype
Business
Occupancy
100%
Additional Details
Highway Access
Yes
Office Units
2
Taxes and HOA fees
Annual Taxes
$12,997
Building Details
Building Size
4,419 SF
Year Built
2006
Tenancy
Multi
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
Listed By:
Bill Cullen · License #3526594
(978) 833-1866
Source:
Thefullerproperties
Added: Apr 29
Changed: Oct 7
Last Checked: Oct 21 at 3:30AM
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 ADAMS, CAMERON & CO., REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,419-square-foot medical office property was built in 2006 and is configured as two distinct suites. Both suites are currently leased, providing an established occupancy profile while preserving the option for an owner-user to occupy one portion and lease the other.
The building is located at 1667 N Clyde Morris Boulevard in Daytona Beach, near I-95, hospitals, shopping, and surrounding residential areas. Its setting within a development corridor adds convenient access to established community services and nearby medical destinations.
The building is located at 1667 N Clyde Morris Boulevard in Daytona Beach, near I-95, hospitals, shopping, and surrounding residential areas. Its setting within a development corridor adds convenient access to established community services and nearby medical destinations.
Key Highlights
- 4,419‑square‑foot medical office building
- Two distinct suites with both currently leased
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,219
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,324,380
$1.3M
Cap Rate 7%
$945,986
$946.0K
Cap Rate 9%
$735,767
$735.8K
Market Conditions
NOI Build-Up for 4,419 SF
Gross rent
$95.5K $21.60/SF
− Vacancy
−$7.2K −$1.62/SF
EGI
$88.3K $19.98/SF
− OpEx
−$22.1K −$5.00/SF
NOI
$66.2K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,324,380
Cap Rate 7%
$945,986
Cap Rate 9%
$735,767
Alternative Uses
Best Use
Office B
$946.0K
$827.7K – $1.10M
NOI $66,219 @ 7.0% cap · market cap 4.05%
Second Best
Healthcare Medical
$918.4K
$803.6K – $1.07M
NOI $64,286 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,208 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased medical property offers separate suite configuration for continued occupancy or an owner-user arrangement.
Where is this medical office space located?
The property is located at 1667 N CLYDE MORRIS BLVD Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,637,000.
What are key features of this property?
This property features: 4,419‑square‑foot medical office building; Two distinct suites with both currently leased; Built in 2006
