Retail Buildings with Parking
For Sale
$1,800,000
814 and 820 Main Street, Daytona Beach, FL 32118
Two retail buildings totaling about 17,000 SF plus an improved parking lot with eight marked spaces.
Property Size17,000 SF
Lot Size0.38 Acres
Price / SF$105.52
Days on Market64
Property Features for 814 and 820 Main Street
General Information
Standard status
Active
Size
17,000 SF
Total Parking Spaces
8
Lot size
0.38 Acres
Property subtype
Retail
Building Details
Building Size
17,000 SF
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
Listed By:
Tim C. Davis, CCIM · License #SL597616
(386) 566-4917
Source:
Svn
Added: Jul 3
Changed: Aug 26
Last Checked: Sep 4 at 4:15AM
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 offering includes two retail buildings and a separate improved parking lot on the north side of Main Street. The westerly building at 814 Main is approximately 5,979 SF on a 45 x 138' lot, and the easterly building at 820 Main St is 11,080 SF on a 65' x 95' parcel. A vacant parcel is also included, described as roughly 40' x 100" with 8 marked parking spaces.
The buildings are located on the south side of Main Street between S. Grandview Ave and Coates St. The seller has operated a motorcycle-related business from these buildings for nearly 15 years, and the property is positioned on Main Street where local events are held, with examples noted including Bike Week and Biketoberfest.
The buildings are located on the south side of Main Street between S. Grandview Ave and Coates St. The seller has operated a motorcycle-related business from these buildings for nearly 15 years, and the property is positioned on Main Street where local events are held, with examples noted including Bike Week and Biketoberfest.
Key Highlights
- Two retail buildings totaling about 17,000 SF on Daytona Beach’s Main St
- 814 Main St: +/- 5,979 SF building on a 45’ x 138’ lot
- 820 Main St: 11,080 SF building on a 65’ x 95’ parcel
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
$160,670
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
8.93%
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%
$3,213,400
$3.2M
Cap Rate 7%
$2,295,286
$2.3M
Cap Rate 9%
$1,785,222
$1.8M
Market Conditions
NOI Build-Up for 17,059 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
$255.9K $15.00/SF
− Vacancy
−$26.4K −$1.55/SF
EGI
$229.5K $13.46/SF
− OpEx
−$68.9K −$4.04/SF
NOI
$160.7K $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%
$3,213,400
Cap Rate 7%
$2,295,286
Cap Rate 9%
$1,785,222
Alternative Uses
Best Use
Retail
$2.30M
$2.01M – $2.68M
NOI $160,670 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.03M
$4.40M – $5.87M
NOI $352,098 @ 7.0% cap · market cap 19.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,114
Businesses Nearby
93k
Monthly Visits Nearby
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?
Retail space - Two retail buildings totaling about 17,000 SF plus an improved parking lot with eight marked spaces.
Where is this retail space located?
The property is located at 814 and 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: Two retail buildings totaling about 17,000 SF on Daytona Beach’s Main St; 814 Main St: +/- 5,979 SF building on a 45’ x 138’ lot; 820 Main St: 11,080 SF building on a 65’ x 95’ parcel
