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Detached Storefront Property
For Sale
$839,900

936 W INTERNATIONAL SPEEDWAY BOULEVARD, Daytona Beach, FL 32114

Central air, multiple units, and off-street parking serve this Daytona Beach commercial property.

Property Size8,237 SF
Price / SF$127.08
Days on Market18

Property Features for 936 W INTERNATIONAL SPEEDWAY BOULEVARD

General Information

Standard status Active
Size 8,237 SF
Zoning 02BA

Taxes and HOA fees

Annual Taxes $7,560

Amenities

Central Air
Central

Building Details

Building Size 8,237 SF
Year Built 1952
Stories 1
Listing Agency: LPT Realty, LLC
Listed By: Ron Wysocarski, Jr
Source: Evrealestate
Added: Aug 7 Changed: Aug 23 Last Checked: Aug 24 at 5:54AM

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 LPT Realty, LLC

Investment Insights

Based on property information with market context.

This detached storefront property at 936 W International Speedway Boulevard includes multiple units, central air conditioning, and ceiling fans. The site also provides a parking lot with off-street parking, while chain-link fencing defines the exterior. Built in 1952, the property offers an established commercial building configuration along a major Daytona Beach boulevard.

The property is located in Volusia County, with access from International Speedway Boulevard. Its address places the storefront directly on W International Speedway Boulevard, providing a clearly identified commercial setting for retail-oriented occupancy.

Key Highlights

  • 936 W International Speedway Boulevard address in Daytona Beach, FL 32114
  • Built in 1952
  • Multiple units with central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,247
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.41%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,244,940 $1.2M
Cap Rate 7%
$889,243 $889.2K
Cap Rate 9%
$691,633 $691.6K
Market Conditions
NOI Build-Up for 6,609 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$99.1K $15.00/SF
− Vacancy
−$10.2K −$1.55/SF
EGI
$88.9K $13.46/SF
− OpEx
−$26.7K −$4.04/SF
NOI
$62.2K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,244,940
Cap Rate 7%
$889,243
Cap Rate 9%
$691,633

Alternative Uses

Best Use
Retail
$889.2K
$778.1K – $1.04M (±1% cap)
NOI $62,247 @ 7.0% cap · market cap 7.41%
Second Best
no second resolved use
Theoretical Best
Office A
$1.95M
$1.71M – $2.27M (±1% cap)
NOI $136,410 @ 7.0% cap · market cap 16.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

G.I. Jeff’s Gun Shop

Suggested Use

Top Pick Dental Office Real Estate Agency Spa & Massage Center Parking Lot & Garage Bakery Cafe & Coffee Shop

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

822
Businesses Nearby
144k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 39% Groceries 6% Electronics 1%
Krispy Kreme Doughnuts Dining
25,425 visits/mo 0.1 miles
Steak 'n Shake Dining
17,975 visits/mo 0.1 miles
Sushi King Dining
13,231 visits/mo 0.2 miles
Dollar Tree Shops & Services
12,721 visits/mo 0.2 miles
Dollar General Shops & Services
11,436 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Naughty Petals Floral Studio 944 W International Speedway Blvd, Daytona Beach, FL 32114
  • ARTISTIC FLORIST 351 dr mary mcleod bethune blvd, daytona beach, fl 32114

Frequently Asked Questions

What type of property is this?
Storefront property - Central air, multiple units, and off-street parking serve this Daytona Beach commercial property.
Where is this storefront property located?
The property is located at 936 W INTERNATIONAL SPEEDWAY BOULEVARD Daytona Beach, FL.
What is the asking price?
The asking price for this property is $839,900.
What are key features of this property?
This property features: 936 W International Speedway Boulevard address in Daytona Beach, FL 32114; Built in 1952; Multiple units with central air conditioning
More about this property
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