Daytona Beach Commercial Asset
For Sale
Contact for pricing
312-318 SEABREEZE Boulevard 316 & 318, Daytona Beach, FL 32118
Turnkey commercial space with multiple concepts and high-capacity outdoor area.
Property Size6,786 SF
Price / SF$147.36
Days on Market190
Property Features for 312-318 SEABREEZE Boulevard 316 & 318
General Information
Standard status
Active
Size
6,786 SF
Property subtype
Retail
Building Details
Year Built
1961
Tenancy
Single
Listing Agency:
JPAR City & Beach
Listed By:
Michael Krzeszewski · License #FL
Source:
Crexi
Added: Feb 3
Changed: Aug 8
Last Checked: Aug 12 at 6:46AM
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 JPAR City & Beach
Investment Insights
Based on property information with market context.
This commercial property in Daytona Beach offers a 6,786 sq ft space currently occupied by four concepts, presenting a turnkey opportunity. With over 165 ft of frontage on Seabreeze Blvd, the location is close to various Daytona Beach attractions. The property is marketed as an asset sale, including real estate and furniture, fixtures, and equipment (FFE). Unit 1 features a pizza/wing/taphouse concept with a full-service wood-fired pizza oven and a liquor license with over 20 taps, accommodating 125 seats. Unit 2 is a vegan restaurant with a liquor bar and draft system, currently leased on a month-to-month basis, providing cash flow. This unit has seating for 60. Unit 3 operates as a tiki bar, offering craft cocktails in a relaxed setting, with seating for 50-75 patrons. Unit 4 is a patio bar setup with a 4COP/SRS license, capable of hosting over 400 people, making it suitable for a large-scale buildout or event space. The property allows for the implementation of various concepts to maximize profitability.
Key Highlights
- Prime commercial location in the heart of Daytona Beach with 165+ ft of frontage on Seabreeze Blvd.
- Turnkey opportunity** with 4 existing concepts (Pizza/Wing/Taphouse, Vegan Restaurant, Tiki Bar, Patio Bar).
- Includes valuable assets: Real Estate (RE) and Furniture, Fixtures, and Equipment (FFE).
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
$63,914
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
6.39%
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%
$1,278,280
$1.3M
Cap Rate 7%
$913,057
$913.1K
Cap Rate 9%
$710,156
$710.2K
Market Conditions
NOI Build-Up for 6,786 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
$101.8K $15.00/SF
− Vacancy
−$10.5K −$1.55/SF
EGI
$91.3K $13.46/SF
− OpEx
−$27.4K −$4.04/SF
NOI
$63.9K $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 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%
$1,278,280
Cap Rate 7%
$913,057
Cap Rate 9%
$710,156
Alternative Uses
Best Use
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $103,048 @ 7.0% cap · market cap 10.30%
Second Best
Retail
$913.1K
$798.9K – $1.07M
NOI $63,914 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $140,063 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
85k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Shops & Services 19%
Hotels & Casinos 9%
Dick's Last Resort
Dining
20,658 visits/mo
0.4 miles
Burger King
Dining
10,780 visits/mo
0.4 miles
IHOP
Dining
9,642 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,645 visits/mo
0.3 miles
Waffle House
Dining
5,706 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Turnkey commercial space with multiple concepts and high-capacity outdoor area.
Where is this retail space located?
The property is located at 312-318 SEABREEZE Boulevard 316 & 318 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Prime commercial location in the heart of Daytona Beach with **165+ ft of frontage on Seabreeze Blvd.**; Turnkey opportunity** with 4 existing concepts (Pizza/Wing/Taphouse, Vegan Restaurant, Tiki Bar, Patio Bar).; Includes valuable assets: Real Estate (RE) and Furniture, Fixtures, and Equipment (FFE).
