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OFF-MARKET
Industrial properties

and Interstate 95 Bellvue Ave Daytona Beach, FL 32114

15,500 SF Built 2020
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a Class A, 15,500 square foot industrial flex property in Daytona Beach, Florida. Located at the highly visible intersection of Bellevue Ave and Interstate 95, this property boasts over 500,000 daily vehicle counts, ensuring maximum brand exposure. The property features a 11-year net lease with AT&T, a credit-rated tenant, with a remaining term of approximately 4.1 years. The lease commenced January 1, 2018, and expires January 1, 2029, with two 5-year extension options at a 3% annual rent increase. The current annual net operating income (NOI) is $7,200, representing a 4.80% cap rate. The property includes a ground lease expiring January 1, 2028, with 5 years remaining. The asking price is $149,999, translating to $9.68 per square foot. The 0.33-acre lot is zoned for general commercial and industrial use, offering significant flexibility. The property was built in 2020 and includes 20 parking spaces per 1,000 square feet. This is a rare opportunity to acquire a high-visibility billboard with a strong, long-term tenant in a prime Daytona Beach location. The property's strategic location near Daytona International Speedway, Daytona Beach International Airport, and major shopping centers further enhances its value and potential for future growth. The property's parcel ID is 5227-00-00-0130.

Property profile
Verified
Property type Industrial properties
Year built 2020
Total area 15,500 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
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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