Flex Space with Fenced
For Sale
$299,900
318 N Segrave Street, Daytona Beach, FL 32114
Commercial Sale, Daytona Beach, FL
Property Size2,400 SF
Lot Size0.30 Acres
Price / SF$124.96
Days on Market243
Property Features for 318 N Segrave Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Industrial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Off Street
Security features
Security
Fencing
Chain Link, Fenced
Lot features
Cleared
Directions
International Speedway Blvd west of US-1 go north on Segrave property on west side.
Subdivision
34 - Daytona ISB to Mason, E of 95
Standard status
Active
APN
5338-52-00-0060
Size
2,400 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
38-15-33 LOT 6 G WEAVERS PROPERTY MB 5 PG 36 MB 15 PG 237 OF MASON & COLEMANS DAYTONA DB I PG 151 MB 14 PGS 9-10 PER OR 4765 PG 4591 PER OR 5502 PG 2034 PER OR 6095 PG 3630 PER OR 8108 PG 3925 PER OR 8143 PG 0721 and includes parcel ID 5338 52 00 0070
Tax Annual Amount
1194
Legal Description
38-15-33 LOT 6 G WEAVERS PROPERTY MB 5 PG 36 MB 15 PG 237 OF MASON & COLEMANS DAYTONA DB I PG 151 MB 14 PGS 9-10 PER OR 4765 PG 4591 PER OR 5502 PG 2034 PER OR 6095 PG 3630 PER OR 8108 PG 3925 PER OR 8143 PG 0721 and includes parcel ID 5338 52 00 0070
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1957
Floors in Building
2
Number of units
1
Flooring type
Concrete
Building materials
Metal Siding, Vinyl Siding
Roof type
Metal
Listing Agency:
RE/MAX Signature · RE/MAX International
(386) 673-7001
Listed By:
Greg Antonich · License #0356858
(386) 679-0443
Added: Feb 16
Changed: Oct 2
Last Checked: Oct 17 at 5:06PM
MLS# 1223073
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property includes a 2,400-square-foot warehouse building and 1,250 square feet of second-floor storage. The ground floor has two offices, a break room, a storage room, a bathroom and open warehouse space. An overhead door serves the north side, with a pedestrian entrance on the west. A covered concrete pad at the rear has power and can accommodate work or storage. Three-phase power is available, and customer parking is located in front of the building.
The property includes an adjacent vacant lot within a total 0.3-acre site. Chain-link fencing and sliding gates enclose the outdoor area. The site is zoned M-1 and has public water and sewer service.
The property includes an adjacent vacant lot within a total 0.3-acre site. Chain-link fencing and sliding gates enclose the outdoor area. The site is zoned M-1 and has public water and sewer service.
Key Highlights
- 2,400‑square‑foot warehouse with 1,250 square feet of second‑floor storage
- 0.3‑acre property includes an adjacent vacant lot
- M‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,064
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,280
$541.3K
Cap Rate 7%
$386,629
$386.6K
Cap Rate 9%
$300,711
$300.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$45.5K $18.96/SF
− Vacancy
−$3.9K −$1.61/SF
EGI
$41.6K $17.35/SF
− OpEx
−$14.6K −$6.07/SF
NOI
$27.1K $11.28/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,280
Cap Rate 7%
$386,629
Cap Rate 9%
$300,711
Alternative Uses
Best Use
Flex RnD
$386.6K
$338.3K – $451.1K
NOI $27,064 @ 7.0% cap · market cap 9.02%
Second Best
Warehouse
$275.7K
$241.3K – $321.7K
NOI $19,302 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$707.7K
$619.2K – $825.6K
NOI $49,536 @ 7.0% cap · market cap 16.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,725
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Vreen’s Quality Catering — 240 Doctor M.L.K. Jr Blvd, Daytona Beach, FL 32114
- Saute Kingz By Chef Count Llc — 200 M.L.K. Blvd S, Daytona Beach, FL 32114
Frequently Asked Questions
What type of property is this?
Flex space - M-1-zoned property combines warehouse and office areas with gated outdoor storage and a covered work pad.
Where is this flex space located?
The property is located at 318 N Segrave Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,400‑square‑foot warehouse with 1,250 square feet of second‑floor storage; 0.3‑acre property includes an adjacent vacant lot; M‑1 zoning
