For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

510 Ballough Rd Daytona Beach, FL 32114

For Sale
$4,950,000

Prime location, redevelopment opportunity.

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional investment opportunity encompasses seven parcels totaling $4,950,000, strategically located in Daytona Beach, Florida's vibrant Daytona Design District, adjacent to Beach Street. Two parcels feature existing buildings, classified as warehouse and executive office space, while the remaining five are vacant land, presenting significant development potential. The property is being sold "as is" and offers a unique chance to capitalize on the ongoing transformation of this area. Situated within the Downtown Ballough Road Redevelopment Area Plan, this assemblage is eligible for city grant opportunities, further enhancing its investment appeal. The combined property includes parcel IDs: 533842000070, 533825010070, 533825030050, 533825030070, 533842000150, 533842000140, and 533842000130. This presents a rare chance to acquire a substantial land holding in a rapidly developing area, ideal for both short-term and long-term investment strategies. The property's mixed-use zoning allows for diverse development options, catering to a wide range of commercial and potentially residential uses. The 1947-built structures on two of the parcels offer immediate income potential or redevelopment opportunities. This assemblage is perfect for developers, investors, or businesses seeking a strategic foothold in a rapidly growing Florida market. All seven parcels are being sold together. The property is located at 510 Ballough Road, Daytona Beach, FL 32114.

Property Features for 510 Ballough Rd

General Information

Property type
Distribution properties

Building Details

Year Built
1947

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Daytona Fun Rentals Golf Cart Dealer

Suggested Use

Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
-81.0228061
Latitude
29.2219467

FAQs

What type of property is this?
Distribution property - Prime location, redevelopment opportunity.
Where is this distribution property located?
The property is located at 510 Ballough Rd Daytona Beach, FL.
What is the asking price?
The asking price for this property is $4,950,000.
More about this property
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