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Property profile & analytics
OFF-MARKET
Land

211 Michigan Ave Daytona Beach, FL 32114

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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