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Metal-Sided Flex Space

932 Orange Avenue, Daytona Beach, FL 32114

For Sale
$449,900

Commercial Sale, Daytona Beach, FL

Property Size6,330 SF
Lot Size0.44 Acres
Price / SF$71.07
Days on Market192

Property Features for 932 Orange Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Off Street
Directions From US 1 (Ridgewood Ave.) heading north, turn left onto Orange Ave., property will be on the left just past Keech St.
Subdivision 32 - Daytona Beville to ISB, E of 95
Standard status Active
APN 5239-04-16-0230
Size 6,330 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 39-15-33 LOTS 23 & 24 BLK 16 DAYTONA GARDENS PLAT 3 MB 6 PG 44 MB 15 PG 126 OF HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 4695 PG 0945 PER OR 5701 PG 1493 PER OR 6389 PGS 2928-2929 PER OR 6945 PGS 1032-1033 PER OR 7195 PG 1639
Tax Annual Amount 3153
Legal Description 39-15-33 LOTS 23 & 24 BLK 16 DAYTONA GARDENS PLAT 3 MB 6 PG 44 MB 15 PG 126 OF HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 4695 PG 0945 PER OR 5701 PG 1493 PER OR 6389 PGS 2928-2929 PER OR 6945 PGS 1032-1033 PER OR 7195 PG 1639

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1969
Flooring type Concrete
Building materials Metal Siding
Roof type Metal
Listing Agency: Lifestyle Realty Group Inc
Listed By: Jami Gallegos · License FL BK3541001
Added: May 5 Changed: Oct 2 Last Checked: Nov 12 at 8:06AM
MLS# 1226201

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 6,330-square-foot flex property occupies a 0.44-acre site and includes a metal-sided building with a metal roof, concrete flooring, off-street parking, and a bathroom. Constructed in 1969, the facility provides an existing warehouse/flex configuration for commercial use and is also identified for adaptive reuse or redevelopment concepts.

The property is located on Orange Avenue within Daytona Beach’s targeted Community Redevelopment Area and near downtown Daytona Beach, Bethune-Cookman University, major transportation corridors, and ongoing public and private redevelopment initiatives. Two adjacent vacant parcels may be available separately, offering the possibility of a larger assemblage, additional parking, or expanded redevelopment area, subject to independent verification.

Key Highlights

  • 6,330 SF flex property on a 0.44‑acre site
  • Metal siding and metal roof with concrete flooring
  • Constructed in 1969

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,686
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,720 $753.7K
Cap Rate 7%
$538,371 $538.4K
Cap Rate 9%
$418,733 $418.7K
Market Conditions
NOI Build-Up for 6,330 SF
Gross rent
$57.0K $9.00/SF
− Vacancy
−$3.1K −$0.50/SF
EGI
$53.8K $8.50/SF
− OpEx
−$16.2K −$2.55/SF
NOI
$37.7K $5.95/SF
Area
Volusia County, FL
Vacancy
5.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,720
Cap Rate 7%
$538,371
Cap Rate 9%
$418,733

Alternative Uses

Best Use
Flex RnD
$1.02M
$892.3K – $1.19M (±1% cap)
NOI $71,380 @ 7.0% cap · market cap 15.87%
Second Best
Warehouse
$727.3K
$636.4K – $848.5K (±1% cap)
NOI $50,910 @ 7.0% cap · market cap 11.32%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M (±1% cap)
NOI $130,651 @ 7.0% cap · market cap 29.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32114, FL

34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Daytona Beach, FL

$151 Jul
$199 Aug
$214 Sep
$181 Oct

Properties on Market for Flex space in Daytona Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Vreen’s Quality Catering — 240 Doctor M.L.K. Jr Blvd, Daytona Beach, FL 32114
  • Saute Kingz By Chef Count Llc — 200 M.L.K. Blvd S, Daytona Beach, FL 32114

Frequently Asked Questions

What type of property is this?
Flex space - The property features concrete flooring, public water and sewer, and off-street parking.
Where is this flex space located?
The property is located at 932 Orange Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 6,330 SF flex property on a 0.44‑acre site; Metal siding and metal roof with concrete flooring; Constructed in 1969
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