2408-2412 Atlantic Ave Daytona Beach Shores, FL 32118
This exceptional retail property, located at 2408-2412 S Atlantic Ave in Daytona Beach Shores, Florida, presents a unique investment opportunity. The single-story, 9,483 square foot building sits on a spacious 21,240 square foot lot and boasts a prime location with high visibility, experiencing 17,352 vehicles per day. Built in 1950 and renovated in 1990, the property is zoned 1208-MIXED-COM LND W\/MF (Volusia County APN: 532204130170). Currently configured as a shopping center with multiple tenancies, there is 3,387 square feet of vacant space available, with a minimum divisible unit of 887 square feet and a maximum contiguous space of 2,500 square feet. The existing space is fully built out as standard retail space and includes central air conditioning. Tenants are responsible for their own lighting and electrical usage. This property offers excellent potential for a variety of retail businesses seeking a high-traffic location in a thriving coastal community. The cross street is Milton Rd, and the zip code is 32118. This is a rare opportunity to acquire a well-maintained retail center in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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