Concrete-Block Storefront
For Sale
$459,000
619 W Intl Speedway Boulevard, Daytona Beach, FL 32114
COMMERCIAL - Daytona Beach, FL
Property Size1,364 SF
Lot Size0.35 Acres
Price / SF$336.51
Days on Market8
Property Features for 619 W Intl Speedway Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Directions
Take the exit for US-92 East / International Speedway Boulevard (Exit 261). Head east toward the downtown area for approximately 3.5 miles. Your destination will be located in the 600 block on the right, just east of Jesse St.
Subdivision
32 - Daytona Beville to ISB, E of 95
Standard status
Active
APN
5339-76-01-0010
Size
1,364 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
39-15-33 LOTS 1 & 2 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 3877 PG 0066 PER OR 6959 PG 2068 PER OR 7950 PG 2378
Tax Annual Amount
3580
Legal Description
39-15-33 LOTS 1 & 2 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 3877 PG 0066 PER OR 6959 PG 2068 PER OR 7950 PG 2378
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1957
Flooring type
Concrete
Building materials
Block, Concrete
Roof type
Rolled Hot Mop, Membrane
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 258-5500
Listed By:
Renee Rau
(386) 843-9277
Added: Aug 4
Changed: Aug 6
Last Checked: Aug 11 at 7:06PM
MLS# 1229326
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 1,364-square-foot storefront property occupies 0.35 acres at 619 W Intl Speedway Boulevard. Built in 1957, the building features block and concrete construction, concrete flooring, central heating and central air conditioning. A membrane and rolled hot mop roof, parking lot, public water, and public sewer are also in place.
The property provides 90 feet of frontage on International Speedway Boulevard with access from both International Speedway Boulevard and Jesse Street. Its Daytona Beach location is minutes from I-95, US-1, area beaches, and the International Speedway. The site is zoned RDM-1 and is identified within the Midtown redevelopment district.
The property provides 90 feet of frontage on International Speedway Boulevard with access from both International Speedway Boulevard and Jesse Street. Its Daytona Beach location is minutes from I-95, US-1, area beaches, and the International Speedway. The site is zoned RDM-1 and is identified within the Midtown redevelopment district.
Key Highlights
- 1,364 SF storefront building on a 0.35‑acre parcel
- 90 feet of frontage on International Speedway Boulevard
- Access from International Speedway Boulevard and Jesse Street
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
$12,847
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
2.80%
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%
$256,940
$256.9K
Cap Rate 7%
$183,529
$183.5K
Cap Rate 9%
$142,744
$142.7K
Market Conditions
NOI Build-Up for 1,364 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
$20.5K $15.00/SF
− Vacancy
−$2.1K −$1.55/SF
EGI
$18.4K $13.46/SF
− OpEx
−$5.5K −$4.04/SF
NOI
$12.8K $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%
$256,940
Cap Rate 7%
$183,529
Cap Rate 9%
$142,744
Alternative Uses
Best Use
Retail
$183.5K
$160.6K – $214.1K
NOI $12,847 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$402.2K
$351.9K – $469.2K
NOI $28,153 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
214k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Home Improvements & Furnishings 11%
Hotels & Casinos 7%
Shops & Services 6%
McDonald's
Dining
38,122 visits/mo
0.4 miles
Old Time Pottery
Home Improvements & Furnishings
22,766 visits/mo
0.5 miles
Wendy's
Dining
18,155 visits/mo
0.3 miles
Hibachi Grill & Supreme Buffet
Dining
17,910 visits/mo
0.4 miles
Outback Steakhouse
Dining
17,590 visits/mo
0.4 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Naughty Petals Floral Studio — 944 W International Speedway Blvd, Daytona Beach, FL 32114
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- ARTISTIC FLORIST — 351 dr mary mcleod bethune blvd, daytona beach, fl 32114
Frequently Asked Questions
What type of property is this?
Storefront property - RDM-1 zoning, public utilities, and access from International Speedway Boulevard and Jesse Street support flexible commercial use.
Where is this storefront property located?
The property is located at 619 W Intl Speedway Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 1,364 SF storefront building on a 0.35‑acre parcel; 90 feet of frontage on International Speedway Boulevard; Access from International Speedway Boulevard and Jesse Street
