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    618 Wild Olive Ave Daytona Beach, FL 32118

    Sponsored
    For Sale
    $499,999

    Prime Location, 2,484 SF Office/Retail

    Property size:
    2,484 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2,484 square foot commercial property, located at 618 W Wild Olive Avenue in Daytona Beach, Florida, presents a unique investment opportunity. Built in 1966, this versatile space is ideally suited for a variety of uses, including executive offices, adult or child care facilities, art galleries, retail shops, martial arts studios, personal service businesses, or senior centers. The property's zoning allows for a broad range of businesses, making it an attractive option for entrepreneurs and established businesses alike. Its prime location offers unparalleled convenience, situated near banks and restaurants, and just two blocks from the ocean and the heart of Daytona Beach's vibrant tourist area. The asking price is $499,999, and owner financing and lease option buy arrangements are available, making this an accessible and potentially lucrative investment. The property is classified as both retail and office space, offering flexibility for diverse business needs. While the lot size is not specified, the building itself provides ample space for a variety of commercial ventures. This is a rare opportunity to own a thriving business space in a high-traffic, desirable location. Don't miss out on this chance to establish your business in the heart of Daytona Beach.

    Property Features for 618 Wild Olive Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,484 SF

    Building Details

    Year Built
    1966

    HighLights

    • 2,484 SF commercial property at 618 W Wild Olive Ave, Daytona Beach, FL.
    • Built in 1966, suitable for various uses including office, retail, and personal services.
    • Zoned for diverse businesses, offering flexibility for entrepreneurs.
    • Prime location near banks, restaurants, and two blocks from the beach.
    • Asking price: $499,999; owner financing and lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    I Owe Taxes Consultant Conley Dennis L ... Accountant Conley Kim Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0145476
    Latitude
    29.2356272

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, 2,484 SF Office/Retail
    Where is this office property / space located?
    The property is located at 618 Wild Olive Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: 2,484 SF commercial property at 618 W Wild Olive Ave, Daytona Beach, FL.; Built in 1966, suitable for various uses including office, retail, and personal services.; Zoned for diverse businesses, offering flexibility for entrepreneurs.
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    Daytona Beach, FL 32118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    618 Wild Olive Ave Daytona Beach, FL 32118
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