Three-Property Commercial
518 521527 Ballough Road 1 Daytona Beach, FL 32114
For Sale
Contact for pricing
Portfolio includes a masonry warehouse and two commercial buildings with space suited for retail or creative office.
Property Size20,891 SF
Price / SF$107.70
Days on Market84
Property Features for 518 521527 Ballough Road 1
General Information
- Standard status
- Active
- Size
- 20,891 SF
- Property subtype
- Mixed Use, Retail, Multifamily
Building Details
- Year Built
- 1947
Listing Agency:
Adams Cameron & Co Daytona Beach
Listed By:
Dick McNerney
Source:
Crexi
Added: May 2
Changed: Jul 23
Last Checked: Jul 23 at 5:56PM
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 Adams Cameron & Co Daytona Beach
Investment Insights
Based on property information with market context.
Offered together as a single sale, 518, 521, and 527 Ballough Road provide a three-property commercial portfolio along Daytona Beach’s historic Ballough Road corridor. The assemblage totals approximately 20,891 SF across three buildings. 518 Ballough features an 11,411 SF masonry warehouse with multiple warehouse sections, plus two second-floor residential apartments. 521 and 527 Ballough include 5,914 SF and 3,566 SF of commercial space, respectively, suitable for retail, creative office, or adaptive reuse.
The properties are described as sitting at the gateway to the Riverfront Esplanade redevelopment zone, with the area positioned minutes from Downtown Daytona. The assemblage is surrounded by ongoing revitalization.
The properties are described as sitting at the gateway to the Riverfront Esplanade redevelopment zone, with the area positioned minutes from Downtown Daytona. The assemblage is surrounded by ongoing revitalization.
Key Highlights
- Three‑property commercial portfolio at 518, 521 & 527 Ballough Road sold together for a total ±20,891 SF across three buildings
- 518 Ballough: ±11,411 SF masonry warehouse with multiple warehouse sections plus two second‑floor residential apartments
- 521 Ballough: ±5,914 SF commercial space suited for retail, creative office, or adaptive reuse
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $313.4k | $15.00 |
| − Vacancy | −$32.3k | −$1.55 |
| EGI | $281.1k | $13.46 |
| − OpEx | −$84.3k | −$4.04 |
| NOI | $196.8k | $9.42 |
20,891 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Office B
$4.47M
$3.91M – $5.22M
NOI $313,052 @ 7.0% cap · market cap 13.91%
Second Best
Retail
$2.81M
$2.46M – $3.28M
NOI $196,762 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$6.16M
$5.39M – $7.19M
NOI $431,190 @ 7.0% cap · market cap 19.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar Off Market Nearby
- All Aboard Storage — 145 N Charles St, Daytona Beach, FL 32114
- Food Solution Services — 520 N Beach St, Daytona Beach, FL 32114
- Madison Storage Company — 320 Madison Ave, Daytona Beach, FL 32114
- Loggerhead Marina — 721 Ballough Rd, Daytona Beach, FL 32114
- All Aboard Business Park — George W Engram Blvd, Daytona Beach, FL 32114
FAQs
What type of property is this?
Warehouse - Portfolio includes a masonry warehouse and two commercial buildings with space suited for retail or creative office.
Where is this warehouse located?
The property is located at 518 521527 Ballough Road 1 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Three‑property commercial portfolio at 518, 521 & 527 Ballough Road sold together for a total ±20,891 SF across three buildings; 518 Ballough: ±11,411 SF masonry warehouse with multiple warehouse sections plus two second‑floor residential apartments; 521 Ballough: ±5,914 SF commercial space suited for retail, creative office, or adaptive reuse
