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OFF-MARKET
Specialty properties

601 Bellevue Ave Daytona Beach, FL 32114

7,200 SF Built 1969
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Daytona Beach, Florida, presents a compelling investment opportunity. Located at 601 Bellevue Avenue, this 7,200 square foot building sits on a generous 28,540.51 square foot lot. Constructed in 1969, the property comprises three distinct units, offering diverse income streams. Currently, two units are leased to established tenants: a successful Chinese takeout restaurant and a long-standing church with a lease extending until 2030, providing immediate and consistent rental income. The third unit, measuring 2,484 square feet, is available for lease, presenting an opportunity to further enhance the property's profitability. The property's mixed-use zoning and strategic location in Daytona Beach, Florida, 32114, make it an attractive investment for both seasoned and emerging investors seeking a stable and potentially high-growth portfolio addition. The asking price is $650,000. This property offers a blend of established income and future development potential, making it a rare find in the competitive Daytona Beach market. The property's size and layout provide flexibility for a variety of uses, ensuring long-term value and adaptability to changing market demands.

Property profile
Verified
Property type Specialty properties
Year built 1969
Total area 7,200 SF
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
Current use
Occupant on record · Public records
  • China One Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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