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    1627 State Ave Daytona Beach, FL 32117

    Sponsored
    For Sale
    $449,900

    3,750 SF Warehouse, Great Potential

    Property size:
    3,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 3,750 square foot warehouse in Daytona Beach, Florida, presents a compelling investment opportunity. Located on a 10,545.88 square foot lot in the bustling Holly Hill industrial district, this property boasts a prime location with easy access to other industrial businesses. Built in 1980 and featuring a brand-new roof (February 2024), the warehouse previously housed a successful body shop and car restoration company. The existing structure includes a lift, compressor, air lines, and a paint booth, along with existing office and storage space. An additional approximately 450 square feet of space is available for development, offering potential for expansion. The property's versatile layout and existing infrastructure make it suitable for a variety of industrial uses. All information is from tax records and while deemed reliable, is not guaranteed. The asking price is $449,900. Appointments for viewings are available. This is a rare chance to acquire a well-situated industrial property with significant upside potential in a thriving commercial area. The property's address is 1627 State Avenue, Daytona Beach, FL 32117.

    Property Features for 1627 State Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    3,750 SF

    Building Details

    Year Built
    1980

    HighLights

    • 3,750 SF warehouse on a 10,545 SF lot in Daytona Beach's Holly Hill industrial district.
    • Prime location with easy access to other industrial businesses.
    • New roof (Feb 2024); previously housed a body shop/car restoration company.
    • Features a lift, compressor, air lines, paint booth, office & storage space.
    • 450 SF of potential expansion space; versatile layout suitable for various industrial uses.
    • Asking price: $449,900. Located at 1627 State Avenue, Daytona Beach, FL 32117.
    Property Profile Location Intelligence

    Current Use by Public Records

    Autocraft Paint & Repair Auto Body Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -81.0494521
    Latitude
    29.2565684

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    FAQs

    What type of property is this?
    Distribution property - 3,750 SF Warehouse, Great Potential
    Where is this distribution property located?
    The property is located at 1627 State Ave 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: 3,750 SF warehouse on a 10,545 SF lot in Daytona Beach's Holly Hill industrial district.; Prime location with easy access to other industrial businesses.; New roof (Feb 2024); previously housed a body shop/car restoration company.
    Request Owner's contact information
    1627 State Ave Daytona Beach, FL 32117
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    Daytona Beach, 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
    1627 State Ave Daytona Beach, FL 32117
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