Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    594 Ballough Rd Daytona Beach, FL 32114

    Sponsored
    For Sale
    $6,000,000

    Prime Daytona Beach location, redevelopment potential.

    Property size:
    6,281 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity encompasses three parcels totaling approximately 1.56 acres (21,344.4 sq ft) in Daytona Beach, Florida's vibrant Daytona Design District, situated near Beach Street. The assemblage includes 594 Ballough Road (0.40 acres), 600 Ballough Road (0.66 acres), and 578 Ballough Road (0.5 acres), offering a combined 6,281 square feet of existing building space, built in 1965. This property is being sold "as is" and presents a unique chance for developers to capitalize on the area's ongoing transformation and redevelopment plan. The location offers city grant opportunities, making it an attractive proposition for creating a mixed-use development, potentially including multifamily residential units, retail spaces, and complementary businesses. The property's strategic position near the river and its proximity to the revitalized Beach Street area promise significant long-term growth potential. This is an ideal opportunity for a visionary developer seeking to contribute to the area's exciting evolution. All three parcels are being sold together.

    Property Features for 594 Ballough Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    6,281 SF

    Building Details

    Year Built
    1965

    HighLights

    • $6,000,000 asking price.
    • 6,281 square foot building on a 21,344.4 square foot lot.
    • Built in 1965.
    • Located at 594 Ballough Road, Daytona Beach, FL 32114.
    • Property includes three parcels totaling approximately 1.56 acres in the Daytona Design District, eligible for city grant opportunities.
    • Ideal for redevelopment as a mixed‑use multifamily community with retail components.
    Property Profile Location Intelligence

    Current Use by Public Records

    Precision Moto Works ... Motorcycle Shop

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
    -81.0234115
    Latitude
    29.2244337

    Nearby Similar for Sale

    • $1,800,000
      Pending

      Daytona Beach Condo Portfolio

      25-unit condo portfolio near I-95 and Daytona Speedway.
      1600 Big Tree Rd, Daytona Beach, FL 32119
      View Details
    • $999,000
      2,966 SF

      Historic Daytona Beach Bed & Breakfast

      Turnkey bed and breakfast or unique residence in Daytona Beach.
      544 S Palmetto Ave, Daytona Beach, FL 32114
      View Details
    • $950,000
      6,296 SF

      Beachside Renovated Multifamily Investment

      Turnkey, fully renovated 8-unit multifamily property near Daytona Beach.
      149 S Hollywood Ave, Daytona Beach, FL 32118
      View Details
    • $950,000
      6,296 SF

      Beachside Daytona Multifamily Investment Opportunity

      Fully renovated, 8-unit multifamily property near Daytona Beach.
      149 S Hollywood Ave, Daytona Beach, FL 32118
      View Details
    • $950,000
      5,904 SF

      Beachside Renovated Multifamily Investment Opportunity

      Turnkey, fully renovated 8-unit multifamily property near Daytona Beach.
      149 S Hollywood Ave, Daytona Beach, FL 32118
      View Details
    • $1,600,000
      9,444 SF

      Historic Brick Office Building

      Iconic 1930s office building in Daytona Beach's historic district.
      200 Magnolia Ave, Daytona Beach, FL 32114
      View Details
    • $639,900
      Pending

      Renovated Daytona Beach Triplex

      Charming, renovated triplex with income potential and seller financing.
      746 N Halifax Ave, Daytona Beach, FL 32118
      View Details
    • $1,300,000
      12,518 SF

      Holly Hill Mixed-Use Investment

      Mixed-use property in redevelopment area with income and growth potential.
      468 Ridgewood Ave, Daytona Beach, FL 32117
      View Details
    • $625,000
      1,980 SF

      Daytona Beach Multifamily Investment Property

      Five-unit apartment property near the beach in Daytona Beach.
      715 Harvey Ave, Daytona Beach, FL 32118
      View Details
    • $625,000
      2,158 SF

      Daytona Beach Multifamily Investment Property

      Five-unit apartment property near the beach in Daytona Beach, FL.
      715 Harvey Ave, Daytona Beach, FL 32118
      View Details
    • $999,000
      3,880 SF

      Daytona Beach Restaurant/Bar Opportunity

      Two-story restaurant/bar with parking in a prime location.
      415 Main St, Daytona Beach, FL 32118
      View Details
    • New
      $499,999
      5,431 SF

      Daytona Beach Multi-Family Investment

      Four-unit property near the beach, ideal for diverse investment strategies.
      132 N Peninsula Dr, Daytona Beach, FL 32118
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Daytona Beach location, redevelopment potential.
    Where is this multifamily property located?
    The property is located at 594 Ballough Rd Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: $6,000,000 asking price.; 6,281 square foot building on a 21,344.4 square foot lot.; Built in 1965.
    Request Owner's contact information
    594 Ballough Rd Daytona Beach, FL 32114
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    594 Ballough Rd
    Daytona Beach, FL 32114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    594 Ballough Rd Daytona Beach, FL 32114
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.