Three-Building Storefront
For Sale
$1,200,000
815-823 Main Street, Daytona Beach, FL 32118
Commercial Sale, Daytona Beach, FL
Property Size11,158 SF
Lot Size0.35 Acres
Price / SF$107.55
Days on Market252
Property Features for 815-823 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Retail
Parking features
Parking Lot, On Street
Subdivision
Rogers Seabreeze
Lot features
Historic Area
Directions
A1A to Main Street. to 815-823
Standard status
Active
APN
5304-01-07-0020
Size
11,158 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 2/3 OF LOTS 1 2 & 3 EXC W 22.9 FT & EXC E 20 1/2 FT & INC N 12 FT OF W 22.9 FT BLK 7 ROGERS SEABREEZE
Tax Annual Amount
14849
Legal Description
W 2/3 OF LOTS 1 2 & 3 EXC W 22.9 FT & EXC E 20 1/2 FT & INC N 12 FT OF W 22.9 FT BLK 7 ROGERS SEABREEZE
Building Details
Year built
1925
Listing Agency:
Realty Pros Commercial
(386) 253-8565
Listed By:
Kayla Williams · License #3506971
(386) 338-1330
Added: Jan 18
Changed: Sep 15
Last Checked: Sep 27 at 9:06PM
MLS# 1221930
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 commercial storefront assemblage comprises three contiguous structures totaling 11,158 square feet on approximately 0.35 acres. Built in 1925, the property is fully occupied and includes both a parking lot and on-street parking. Select month-to-month tenancies provide lease flexibility while maintaining current occupancy.
The property is located at 815-823 Main Street in Daytona Beach, near A1A and the World's Most Famous Beach. Its setting within Daytona's event corridor places the buildings near activity associated with Bike Week and Biketoberfest. The assemblage also benefits from visibility along Main Street and includes a 5.37% in-place cap rate.
The property is located at 815-823 Main Street in Daytona Beach, near A1A and the World's Most Famous Beach. Its setting within Daytona's event corridor places the buildings near activity associated with Bike Week and Biketoberfest. The assemblage also benefits from visibility along Main Street and includes a 5.37% in-place cap rate.
Key Highlights
- Three contiguous commercial buildings totaling 11,158 SF
- Approximately 0.35 acres at 815‑823 Main Street
- Fully occupied property with select month‑to‑month tenancies
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
$105,092
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
8.76%
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%
$2,101,840
$2.1M
Cap Rate 7%
$1,501,314
$1.5M
Cap Rate 9%
$1,167,689
$1.2M
Market Conditions
NOI Build-Up for 11,158 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
$167.4K $15.00/SF
− Vacancy
−$17.2K −$1.55/SF
EGI
$150.1K $13.46/SF
− OpEx
−$45.0K −$4.04/SF
NOI
$105.1K $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%
$2,101,840
Cap Rate 7%
$1,501,314
Cap Rate 9%
$1,167,689
Alternative Uses
Best Use
Retail
$1.50M
$1.31M – $1.75M
NOI $105,092 @ 7.0% cap · market cap 8.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,301 @ 7.0% cap · market cap 19.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Fully occupied commercial storefront property with flexible month-to-month tenancy arrangements and on-site parking.
Where is this storefront property located?
The property is located at 815-823 Main Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three contiguous commercial buildings totaling 11,158 SF; Approximately 0.35 acres at 815‑823 Main Street; Fully occupied property with select month‑to‑month tenancies
