Main Street Retail
For Sale
$1,800,000
814-820 Main Street, Daytona Beach, FL 32118
Multi-storefront retail property located on Main Street just west of A1A in Daytona Beach.
Property Size17,000 SF
Days on Market70
Property Features for 814-820 Main Street
General Information
Standard status
Active
Size
17,000 SF
Taxes and HOA fees
Annual Taxes
$9,974
Amenities
Other
Building Details
Building Size
17,000 SF
Year Built
1955
Listing Agency:
SVN Alliance Commercial Real Estate Advisors
Listed By:
Carl Lentz · License #3068067
(386) 801-7435
Source:
Evrealestate
Added: Jun 30
Changed: Aug 27
Last Checked: Sep 7 at 5:29AM
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 SVN Alliance Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This for-sale retail property consists of multiple storefront spaces at 814–820 Main Street. The asset is positioned along a high-visibility corridor with frontage on Main Street.
The property is located on the south side of Main Street, just west of A1A, in Volusia County. This location supports a straightforward retail storefront presence along a major roadway.
The listing is offered as a commercial retail asset and is well suited for buyers seeking a multi-unit storefront configuration on Main Street.
The property is located on the south side of Main Street, just west of A1A, in Volusia County. This location supports a straightforward retail storefront presence along a major roadway.
The listing is offered as a commercial retail asset and is well suited for buyers seeking a multi-unit storefront configuration on Main Street.
Key Highlights
- Multi‑storefront retail property on Main Street just west of A1A in Daytona Beach
- South side of Main Street, just west of A1A (Volusia County)
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
$160,115
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
8.90%
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%
$3,202,300
$3.2M
Cap Rate 7%
$2,287,357
$2.3M
Cap Rate 9%
$1,779,056
$1.8M
Market Conditions
NOI Build-Up for 17,000 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
$255.0K $15.00/SF
− Vacancy
−$26.3K −$1.55/SF
EGI
$228.7K $13.46/SF
− OpEx
−$68.6K −$4.04/SF
NOI
$160.1K $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%
$3,202,300
Cap Rate 7%
$2,287,357
Cap Rate 9%
$1,779,056
Alternative Uses
Best Use
Retail
$2.29M
$2.00M – $2.67M
NOI $160,115 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.01M
$4.39M – $5.85M
NOI $350,880 @ 7.0% cap · market cap 19.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,114
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 25%
Hotels & Casinos 4%
Dick's Last Resort
Dining
20,658 visits/mo
0.4 miles
Joe's Crab Shack
Dining
19,572 visits/mo
0.3 miles
Burger King
Dining
10,780 visits/mo
0.3 miles
7-Eleven
Shops & Services
9,090 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,013 visits/mo
0.2 miles
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Multi-storefront retail property located on Main Street just west of A1A in Daytona Beach.
Where is this storefront property located?
The property is located at 814-820 Main Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Multi‑storefront retail property on Main Street just west of A1A in Daytona Beach; South side of Main Street, just west of A1A (Volusia County)
