211 Michigan Ave Daytona Beach, FL 32114
This exceptional commercial land offering presents a unique opportunity in Daytona Beach, Florida. Comprising two parcels at 211 and 213 Michigan Avenue, this 9,147.6 square foot lot is ideally situated for various development projects. The asking price is $40,000. The property's strategic location offers easy access to Beach Street and the vibrant Downtown Daytona Riverfront area, providing excellent visibility and potential for high foot traffic. Furthermore, its proximity to the new Brown & Brown Insurance Headquarters adds significant value and potential for synergy with a thriving business community. The expansive lot size allows for the construction of a single substantial building or the possibility of subdivision to create two separate development sites. This presents flexibility for developers seeking to maximize their investment and tailor the project to specific needs. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a rare opportunity to acquire a well-located commercial land parcel in a rapidly growing area of Daytona Beach. Don't miss this chance to secure a prime piece of real estate with significant potential for future growth and profitability. The property address is 211 Michigan Avenue, Daytona Beach, FL 32114.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.