Fenced Warehouse With Bay
For Sale
Contact for pricing
327 Marion Street, Daytona Beach, FL 32114
Fenced commercial warehouse with bay doors and a cleared laydown yard spanning five parcels.
Property Size2,600 SF
Lot Size1.30 Acres
Price / SF$245.10
Days on Market737
Property Features for 327 Marion Street
General Information
Standard status
Active
Size
2,600 SF
Lot size
1.30 Acres
Property subtype
Industrial
Zoning
Commercial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Rail Access
Yes
Building Details
Year Built
1981
Buildings
1
Building Size
2,600 SF
Listing Agency:
Realty Pros Assured
(423) 664-1356
Listed By:
Michael Williams · License #344170
Source:
Crexi
Added: Aug 25, 2024
Changed: Aug 30
Last Checked: Aug 30 at 1:52PM
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 Realty Pros Assured
Investment Insights
Based on property information with market context.
Built in 1981, this commercial warehouse includes bay doors, a fenced outdoor yard, and interior space that was previously configured as offices. The laydown area has been cleared of trash and debris, providing an open surface for property operations. Commercial zoning is identified for the site.
The property encompasses 1.30 acres across five parcels and sits along railroad tracks in Daytona Beach. Its combination of enclosed warehouse space, secured outdoor area, and multiple bay doors provides a practical configuration for industrial and warehouse uses.
The property encompasses 1.30 acres across five parcels and sits along railroad tracks in Daytona Beach. Its combination of enclosed warehouse space, secured outdoor area, and multiple bay doors provides a practical configuration for industrial and warehouse uses.
Key Highlights
- 1.30‑acre commercial warehouse property across five parcels
- Bay doors support warehouse and industrial operations
- Fenced outdoor laydown yard cleared of trash and debris
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
$29,905
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
4.60%
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%
$598,100
$598.1K
Cap Rate 7%
$427,214
$427.2K
Cap Rate 9%
$332,278
$332.3K
Market Conditions
NOI Build-Up for 2,652 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
$50.3K $18.96/SF
− Vacancy
−$4.3K −$1.61/SF
EGI
$46.0K $17.35/SF
− OpEx
−$16.1K −$6.07/SF
NOI
$29.9K $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 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%
$598,100
Cap Rate 7%
$427,214
Cap Rate 9%
$332,278
Alternative Uses
Best Use
Flex RnD
$427.2K
$373.8K – $498.4K
NOI $29,905 @ 7.0% cap · market cap 4.60%
Second Best
Warehouse
$304.7K
$266.6K – $355.5K
NOI $21,329 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$782.0K
$684.2K – $912.3K
NOI $54,737 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,653
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Economy Storage — S Segrave St, Daytona Beach, FL 32114
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- All Aboard Storage — 145 N Charles St, Daytona Beach, FL 32114
Frequently Asked Questions
What type of property is this?
Warehouse - Fenced commercial warehouse with bay doors and a cleared laydown yard spanning five parcels.
Where is this warehouse located?
The property is located at 327 Marion Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1.30‑acre commercial warehouse property across five parcels; Bay doors support warehouse and industrial operations; Fenced outdoor laydown yard cleared of trash and debris
