Fenced Warehouse With Bay
For Sale
$650,000
Pending
327 Marion Street, Daytona Beach, FL 32114
Commercial Sale, Daytona Beach, FL
Property Size2,600 SF
Lot Size1.30 Acres
Days on Market738
Property Features for 327 Marion Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Garage, Parking Lot
Fencing
Chain Link
Lot features
Cleared, Corner Lot
Directions
US1 to west on Orange Ave South on Marion st property on your left
Subdivision
32 - Daytona Beville to ISB, E of 95
Standard status
Pending
APN
5339-33-00-0080
Size
2,652 SF
Lot size
1.30 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
LOT 8 MARSHALL SUB BLK 25 DAYTONA PER OR 4708 PG 2614
Tax Annual Amount
1934
Legal Description
LOT 8 MARSHALL SUB BLK 25 DAYTONA PER OR 4708 PG 2614
Building Details
Year built
1981
Building materials
Block, Brick, Concrete
Listing Agency:
Realty Pros Assured
(386) 767-7653
Listed By:
Michael Williams
(386) 689-2462
Added: Aug 19, 2024
Changed: Aug 20
Last Checked: Aug 26 at 9:06AM
MLS# 1203021
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.
Investment Insights
Based on property information with market context.
This warehouse property includes bay doors, a chain-link perimeter fence, garage and parking-lot areas, and block, brick, and concrete construction. Built in 1981, the building previously included office space and may be reconfigured for business operations. The property comprises 5 parcels totaling 1.30 acres, with an open yard area supporting outdoor storage or staging needs.
The site is positioned along railroad tracks in Daytona Beach and carries commercial zoning. The yard has been cleared of trash and debris, while the enclosed layout provides separation between the building and exterior operating area.
The site is positioned along railroad tracks in Daytona Beach and carries commercial zoning. The yard has been cleared of trash and debris, while the enclosed layout provides separation between the building and exterior operating area.
Key Highlights
- 1.30‑acre property comprising 5 parcels
- Warehouse building with bay doors and former office area
- Chain‑link fencing encloses the property
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
- Self-Storage at U-Haul — 700 W International Speedway Blvd, Daytona Beach, FL 32114
- All Aboard Storage — 145 N Charles St, Daytona Beach, FL 32114
Frequently Asked Questions
What type of property is this?
Warehouse - Commercially zoned warehouse with bay doors, fenced yard, and parking improvements.
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 property comprising 5 parcels; Warehouse building with bay doors and former office area; Chain‑link fencing encloses the property
