578 Ballough Rd Daytona Beach, FL 32114
- Retail properties
- 3,060 SF
- 0.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 578 Ballough Rd
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.50 lot acres
- Property size
- 3,060 SF
- Zone code
- BW
- Property type
- Retail properties
- APN
- 5338-05-00-0440
- APU
- 533805000440
Description
This exceptional Daytona Beach property, located at 578 Ballough Road, presents a unique investment opportunity. Encompassing a total of 21,780 square feet, this mixed-use assemblage includes three parcels totaling approximately 1.56 acres within the Downtown Ballough Road Redevelopment Area Plan. The existing 3,060 square foot building, constructed in 1950, is being sold "as is" and offers significant redevelopment potential. The property's prime location in the Daytona Design District, adjacent to the evolving Downtown Beach Street, positions it perfectly for a visionary developer. City grant opportunities exist within this redevelopment area, making this an attractive proposition for projects such as a vertical mixed-use multifamily community incorporating retail spaces. The assemblage provides a chance to revitalize and expand the area, creating a distinctive development that complements nearby businesses. This is a rare chance to shape the future of this dynamic Daytona Beach neighborhood. The asking price for this exceptional opportunity is $6,000,000. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0232
- Latitude
- 29.2242
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
