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Retail Building on Atlantic Avenue
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2400 S Atlantic Ave, Daytona Beach, FL 32118

2,367 SF retail building in Daytona Beach Shores.

Property Size2,430 SF
Price / SF$0.01
Days on Market328

Property Features for 2400 S Atlantic Ave

General Information

Standard status Active
Size 2,430 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 2,430 SF
Year Built 1971

Properties For Sale

at 2400 S Atlantic Ave
2400 S Atlantic Ave
Size 2,430 SF
Term Negotiable
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Listed By: Carl W. Lentz IV, MBA, CCIM · License #FL #BK3068067
Source: Svn
Added: Nov 21, 2025 Changed: Oct 9 Last Checked: Oct 14 at 9:04PM

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 Carl W. Lentz IV, MBA, CCIM

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Investment Insights

Based on property information with market context.

This 2,367 square-foot retail building is located on the west side of South Atlantic Avenue, at the corner of Harrison Road, in Daytona Beach Shores. The property, which has been recently renovated, is currently used as a drive-through liquor store. The zoning is GC-RD, permitting retail, service, medical, restaurant, bakery, and professional uses. The property has ample parking. The property size is 2,430 square feet.

Key Highlights

  • High‑Traffic Location: Situated on S Atlantic Ave in Daytona Beach Shores.
  • GC‑RD Zoning: Allows for a wide range of uses.
  • Recently Renovated: Offers a modern and updated space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,887
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,740 $457.7K
Cap Rate 7%
$326,957 $327.0K
Cap Rate 9%
$254,300 $254.3K
Market Conditions
NOI Build-Up for 2,430 SF
Gross rent
$36.5K $15.00/SF
− Vacancy
−$3.8K −$1.55/SF
EGI
$32.7K $13.46/SF
− OpEx
−$9.8K −$4.04/SF
NOI
$22.9K $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%
$457,740
Cap Rate 7%
$326,957
Cap Rate 9%
$254,300

Alternative Uses

Best Use
Specialty Retail
$527.1K
$461.3K – $615.0K (±1% cap)
NOI $36,900 @ 7.0% cap · market cap 205,000.00%
Second Best
Retail
$327.0K
$286.1K – $381.5K (±1% cap)
NOI $22,887 @ 7.0% cap · market cap 127,150.00%
Theoretical Best
Office A
$716.5K
$626.9K – $835.9K (±1% cap)
NOI $50,155 @ 7.0% cap · market cap 278,638.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Island Liquor (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Law Firm Dental Office Big Box & Wholesale Store Hair Salon

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

286
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 37% Shops & Services 27% Home Improvements & Furnishings 12% Dining 12%
Winn-Dixie Groceries
13,853 visits/mo 0.5 miles
Sunoco Shops & Services
6,228 visits/mo 0.3 miles
Madden's Ace Hardware 2 Home Improvements & Furnishings
4,679 visits/mo 0.4 miles
IHOP Dining
4,590 visits/mo 0.4 miles
7-Eleven Shops & Services
3,812 visits/mo 0.4 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

Frequently Asked Questions

What type of property is this?
Storefront property - 2,367 SF retail building in Daytona Beach Shores.
Where is this storefront property located?
The property is located at 2400 S Atlantic Ave Daytona Beach, FL.
What are key features of this property?
This property features: High‑Traffic Location: Situated on S Atlantic Ave in Daytona Beach Shores.; GC‑RD Zoning: Allows for a wide range of uses.; Recently Renovated: Offers a modern and updated space.
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