2-Bay
953 Tomoka Road, Daytona Beach, FL 32117
For Sale
Contact for pricing
M1 zoning and connected sewer, city water, and electric service support a range of warehouse operations.
Property Size3,360 SF
Lot Size0.18 Acres
Price / SF$130.95
Days on Market31
Property Features for 953 Tomoka Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Road Access
Utilities to Site
Additional Details
Opportunity Zone
Property Use
Building Details
Building Size
Listing Agency:
ACRE Expert LLC
Listed By:
Drew Attias
Source:
Crexi
Added: Oct 13
Changed: Nov 8
Last Checked: Nov 12 at 7:17AM
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 ACRE Expert LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,360-square-foot warehouse has a two-bay configuration, with an interior partition dividing the space. The 0.18-acre property is zoned M1 and has connected sewer, city water, and electric service. Road access is available. The property is identified as outside a flood zone, with no wetlands reported.
Key Highlights
- 3,360‑square‑foot warehouse on 0.18 acre
- Two bays divided by an interior partition
- M1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,023
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,460
$540.5K
Cap Rate 7%
$386,043
$386.0K
Cap Rate 9%
$300,256
$300.3K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$33.5K $9.96/SF
− Vacancy
−$1.7K −$0.50/SF
EGI
$31.8K $9.46/SF
− OpEx
−$4.8K −$1.42/SF
NOI
$27.0K $8.04/SF
Area
Volusia County, FL
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,460
Cap Rate 7%
$386,043
Cap Rate 9%
$300,256
Alternative Uses
Best Use
Warehouse
$386.0K
$337.8K – $450.4K
NOI $27,023 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$990.7K
$866.9K – $1.16M
NOI $69,350 @ 7.0% cap · market cap 15.76%
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
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Daytona Beach, FL
Properties on Market for Warehouses in Daytona Beach
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- All Aboard Storage — 1025 Mason Ave, Daytona Beach, FL 32117
- Budget Self Storage — 900 Mason Ave, Daytona Beach, FL 32117
- Blackrock Daytona Yard — 538 Brentwood Dr, Daytona Beach, FL 32117
- Devon Self Storage — 1104 N Nova Rd, Daytona Beach, FL 32117
- Cheap Storage — 231 State Ave, Holly Hill, FL 32117
Frequently Asked Questions
What type of property is this?
Warehouse - M1 zoning and connected sewer, city water, and electric service support a range of warehouse operations.
Where is this warehouse located?
The property is located at 953 Tomoka Road Daytona Beach, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 3,360‑square‑foot warehouse on 0.18 acre; Two bays divided by an interior partition; M1 zoning
