Medical Office Building with Exam
For Sale
Contact for pricing
905 Beville Road, South Daytona, FL 32119
Existing improvements include waiting areas, examination rooms, multiple bathrooms, and two separate entrances for professional use.
Property Size2,500 SF
Lot Size2.00 Acres
Price / SF$335.08
Days on Market234
Property Features for 905 Beville Road
General Information
Standard status
Active
Size
2,500 SF
Lot size
2.00 Acres
Property subtype
Mixed Use, Office, Special Purpose
Property Condition
Severity
Repairs Needed
Evidence
awaiting renovation to your specifications
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
medical
Building Details
Year Built
1951
Buildings
1
Building Size
2,500 SF
Listing Agency:
Florida Global International Realty
Listed By:
Clara Spangler · License #3137316
(386) 451-5313
Source:
Crexi
Added: Mar 3
Changed: Oct 7
Last Checked: Oct 23 at 3:29AM
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 Florida Global International Realty
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Investment Insights
Based on property information with market context.
The property includes a medical office building constructed in 1951, with two entrances, two waiting areas, seven examination rooms, and four bathrooms. The existing improvements served as a primary care facility for more than 34 years and require renovation for a future configuration. The site also includes more than 9,000 square feet of parking for clients and guests.
Set at the corner of Beville Road and Magnolia, the approximately two-acre property is a short distance from I-95 and I-4. Nearby destinations identified in the property information include Embry-Riddle Aeronautical University, Daytona State, Daytona International Speedway, and Daytona Beach Airport. An undeveloped rear lot along Magnolia provides additional land area beyond the existing building and parking.
Set at the corner of Beville Road and Magnolia, the approximately two-acre property is a short distance from I-95 and I-4. Nearby destinations identified in the property information include Embry-Riddle Aeronautical University, Daytona State, Daytona International Speedway, and Daytona Beach Airport. An undeveloped rear lot along Magnolia provides additional land area beyond the existing building and parking.
Key Highlights
- Medical office building constructed in 1951
- Two‑acre property at Beville Road and Magnolia
- Seven examination rooms and four bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,025
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,500
$800.5K
Cap Rate 7%
$571,786
$571.8K
Cap Rate 9%
$444,722
$444.7K
Market Conditions
NOI Build-Up for 2,671 SF
Gross rent
$57.7K $21.60/SF
− Vacancy
−$4.3K −$1.62/SF
EGI
$53.4K $19.98/SF
− OpEx
−$13.3K −$5.00/SF
NOI
$40.0K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,500
Cap Rate 7%
$571,786
Cap Rate 9%
$444,722
Alternative Uses
Best Use
Office B
$571.8K
$500.3K – $667.1K
NOI $40,025 @ 7.0% cap · market cap 4.47%
Second Best
Healthcare Medical
$555.1K
$485.7K – $647.6K
NOI $38,857 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$787.6K
$689.1K – $918.8K
NOI $55,129 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 32119, FL
22,498
Population
12,629
Households
1.8
Avg Household Size
50
Median Age
27%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
2,884
Density / Sq Mi
$53,795
Median Household Income
$37,675
Median Earnings
$1,371
Median Rent
$215,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Newman Veterinary Centers — 1130 Beville Rd, Daytona Beach, FL 32114
- VCA Daytona Animal Hospital — 1130 Beville Rd, Daytona Beach, FL 32114
- Beville Animal Hospital — 945 Beville Rd, South Daytona, FL 32119
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing improvements include waiting areas, examination rooms, multiple bathrooms, and two separate entrances for professional use.
Where is this medical office space located?
The property is located at 905 Beville Road South Daytona, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Medical office building constructed in 1951; Two‑acre property at Beville Road and Magnolia; Seven examination rooms and four bathrooms
