Storefront Property with
For Sale
Under Contract
$1,900,000
613 W International Speedway Boulevard, Daytona Beach, FL 32114
Commercial Sale, Daytona Beach, FL
Property Size6,066 SF
Lot Size0.54 Acres
Price / SF$313.22
Days on Market215
Property Features for 613 W International Speedway Boulevard
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Retail
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Parking Lot
Security features
Security System
Fencing
Chain Link
Accessibility
Accessible Approach with Ramp
Directions
From International Spdy Blvd and MLK Jr Blvd, drive west on ISB one half block, on south side of ISB
Subdivision
32 - Daytona Beville to ISB, E of 95
Standard status
Active Under Contract
APN
5339-01-33-0011
Size
6,066 SF
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
39-15-33 W 90 FT OF E 200 FT OF N 200 FT EXC ST LOT 1 BLK 33 HODGMANS DAYTONA MB 2 PG 82 MB 12 PGS 13-15 & LOT 3 BLK A SLOUGH ESTATE RESUBDIVISION MB 4 PG 190 MB 15 PG 114 OF HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 4519 PG 2232 PER OR 7467 PG 05
Tax Annual Amount
5648
Legal Description
39-15-33 W 90 FT OF E 200 FT OF N 200 FT EXC ST LOT 1 BLK 33 HODGMANS DAYTONA MB 2 PG 82 MB 12 PGS 13-15 & LOT 3 BLK A SLOUGH ESTATE RESUBDIVISION MB 4 PG 190 MB 15 PG 114 OF HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 4519 PG 2232 PER OR 7467 PG 05
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1969
Floors in Building
1
Flooring type
Concrete
Building materials
Block
Roof type
Rolled Hot Mop
Listing Agency:
EXP Realty LLC
(386) 547-8586
Listed By:
Jeff Dillard · License #3574226
(888) 883-8509
Added: Jan 21
Changed: Aug 20
Last Checked: Aug 24 at 1:06PM
MLS# 1222018
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 6,066-square-foot storefront property is part of an offering that includes three properties on a 0.54-acre site. Built in 1969, the building features block construction, concrete flooring, central heating, central air, two bathrooms, and a rolled hot mop roof. A parking lot, chain-link fencing, and an accessible approach with ramp are also included.
The property is located at 613 W International Speedway Boulevard in Daytona Beach, along a commercial corridor positioned between Daytona International Speedway and the beach. Public water and public sewer serve the property, supporting its existing commercial configuration.
The property is located at 613 W International Speedway Boulevard in Daytona Beach, along a commercial corridor positioned between Daytona International Speedway and the beach. Public water and public sewer serve the property, supporting its existing commercial configuration.
Key Highlights
- 6,066 square feet on a 0.54‑acre site
- Offering includes three properties
- Block construction with concrete flooring
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
$57,133
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
3.01%
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%
$1,142,660
$1.1M
Cap Rate 7%
$816,186
$816.2K
Cap Rate 9%
$634,811
$634.8K
Market Conditions
NOI Build-Up for 6,066 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
$91.0K $15.00/SF
− Vacancy
−$9.4K −$1.55/SF
EGI
$81.6K $13.46/SF
− OpEx
−$24.5K −$4.04/SF
NOI
$57.1K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,142,660
Cap Rate 7%
$816,186
Cap Rate 9%
$634,811
Alternative Uses
Best Use
Retail
$816.2K
$714.2K – $952.2K
NOI $57,133 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,202 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,779
Businesses Nearby
91k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 30%
Electronics 2%
Wawa
Shops & Services
41,181 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
12,229 visits/mo
0.5 miles
Dollar General
Shops & Services
11,436 visits/mo
0.3 miles
Checkers
Dining
6,857 visits/mo
0.1 miles
Burger King
Dining
5,628 visits/mo
0.5 miles
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 Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Naughty Petals Floral Studio — 944 W International Speedway Blvd, Daytona Beach, FL 32114
- Zahn's Flowers — 140 W International Speedway Blvd, Daytona Beach, FL 32114
- ARTISTIC FLORIST — 351 dr mary mcleod bethune blvd, daytona beach, fl 32114
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial storefront offering concrete floors, central HVAC, accessible entry, and a dedicated parking lot.
Where is this storefront property located?
The property is located at 613 W International Speedway Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 6,066 square feet on a 0.54‑acre site; Offering includes three properties; Block construction with concrete flooring
