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    120 State Ave Holly Hill, FL 32117

    For Sale
    $525,000

    Spacious warehouse, dual zoning, ideal for business & living.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2008-built property, located at 120 State Avenue in Daytona Beach, Florida (zip code 32117), presents a unique investment opportunity. The 12,196.8 square foot lot houses a warehouse building with dual zoning, allowing for both commercial and residential use. This versatile space is perfect for a business owner seeking a live-work arrangement. The property features a substantial amount of decking (1,000 sq ft) overlooking a 40-foot heated saltwater lap pool and landscaped gardens, which include a certified wildlife habitat with a Koi pond and walking trails. The interior boasts high-quality hickory cabinetry in the kitchen and bathroom. Further enhancing the property's efficiency and sustainability are a full house solar system and a water filtration system. A large, secure carport provides ample parking. The property's unique history and design offer a blend of functionality and character, making it a truly distinctive offering in the Holly Hill market. The address is officially listed as Daytona Beach, but the city verified in the property records is Holly Hill, Florida.

    Property Features for 120 State Ave

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    2008

    HighLights

    • $525,000 asking price.
    • 12,196.8 sq ft lot.
    • 2008 construction.
    • Daytona Beach, FL, 32117 location.
    • Warehouse/business property, dual‑zoned commercial and residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office 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
    Holly Hill
    County
    Volusia
    State
    Florida
    Longitude
    -81.0328286
    Latitude
    29.2266459

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, dual zoning, ideal for business & living.
    Where is this distribution property located?
    The property is located at 120 State Ave Holly Hill, FL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: $525,000 asking price.; 12,196.8 sq ft lot.; 2008 construction.
    Request Owner's contact information
    120 State Ave Holly Hill, FL 32117
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    Holly Hill, FL 32117
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    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
    120 State Ave Holly Hill, FL 32117
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