Freestanding Flex Space with High
For Sale
$4,500,000
4015 S Williamson Blvd, Daytona Beach, FL 32119
Zoned PCD freestanding flex space on a large parcel with exceptional exposure and convenient access to major roadways.
Property Size25,238 SF
Price / SF$178.30
Days on Market98
Property Features for 4015 S Williamson Blvd
General Information
Standard status
Active
Size
25,238 SF
Zoning
PCD
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
commercial
Taxes and HOA fees
Annual Taxes
$12,299
Building Details
Buildings
1
Listing Agency:
WHITE WHALE REAL ESTATE
Listed By:
Timothy Loomis · License #3457334
(386) 690-3423
Source:
Exprealty
Added: Jun 10
Changed: Sep 7
Last Checked: Sep 14 at 5:51AM
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 WHITE WHALE REAL ESTATE
Investment Insights
Based on property information with market context.
Freestanding flex space on a highly visible commercial corridor, offering approximately 25,238 sq ft of total space within a large 8+ acre parcel. The property is zoned PCD and provides substantial acreage for flexibility, including potential for a range of commercial uses, future expansion, or redevelopment (subject to zoning approval).
Located on S Williamson Blvd in Port Orange, the site benefits from strong regional connectivity. Convenient access to major roadways, including I-95 and Dunlawton Ave, supports day-to-day operations and customer access while providing high traffic visibility along one of the area’s primary corridors.
Ideal for investors or owner-users looking for a freestanding site in the Daytona Beach/Port Orange market within Volusia County.
Located on S Williamson Blvd in Port Orange, the site benefits from strong regional connectivity. Convenient access to major roadways, including I-95 and Dunlawton Ave, supports day-to-day operations and customer access while providing high traffic visibility along one of the area’s primary corridors.
Ideal for investors or owner-users looking for a freestanding site in the Daytona Beach/Port Orange market within Volusia County.
Key Highlights
- Approximately 25,238 sq ft of total space in a freestanding building
- 8+ acre parcel with room for flexibility, expansion, or redevelopment (subject to zoning)
- Zoned PCD
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
$284,595
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
6.32%
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%
$5,691,900
$5.7M
Cap Rate 7%
$4,065,643
$4.1M
Cap Rate 9%
$3,162,167
$3.2M
Market Conditions
NOI Build-Up for 25,238 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
$478.5K $18.96/SF
− Vacancy
−$40.7K −$1.61/SF
EGI
$437.8K $17.35/SF
− OpEx
−$153.2K −$6.07/SF
NOI
$284.6K $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%
$5,691,900
Cap Rate 7%
$4,065,643
Cap Rate 9%
$3,162,167
Alternative Uses
Best Use
Flex RnD
$4.07M
$3.56M – $4.74M
NOI $284,595 @ 7.0% cap · market cap 6.32%
Second Best
Industrial
$2.15M
$1.88M – $2.50M
NOI $150,254 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$7.44M
$6.51M – $8.68M
NOI $520,912 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32119, FL
22,498
Population
12,629
Households
1.8
Avg Household Size
50
Median Age
27%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
2,884
Density / Sq Mi
$53,795
Median Household Income
$37,675
Median Earnings
$1,371
Median Rent
$215,200
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.
Frequently Asked Questions
What type of property is this?
Flex space - Zoned PCD freestanding flex space on a large parcel with exceptional exposure and convenient access to major roadways.
Where is this flex space located?
The property is located at 4015 S Williamson Blvd Daytona Beach, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Approximately 25,238 sq ft of total space in a freestanding building; 8+ acre parcel with room for flexibility, expansion, or redevelopment (subject to zoning); Zoned PCD
