585 Ballough Rd Daytona Beach, FL 32114
- Investment properties
- 1,789 SF
- 0.12 lot acres
Current Use by Public Records
- Ruppel Charles W / Insurance Attorney
Property Details for 585 Ballough Rd
- Year built
- 1954
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.12 lot acres
- Property size
- 1,789 SF
- Zone code
- BP
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 5338-18-03-0220
- APU
- 533818030220
Description
This exceptional 1,789 square foot single-tenant office building in Daytona Beach, Florida, presents a unique opportunity for businesses seeking a modern and functional workspace. Located at 585 Ballough Rd, 32114, this property boasts a prime location near downtown, Beach Street, Main Street, and the Halifax River, offering easy access to key amenities and attractions. The building underwent a complete renovation in 2024, ensuring a contemporary and efficient layout. The single-story structure features a spacious reception area ideal for client interaction, multiple private offices providing privacy and productivity, two bathrooms for convenience, and ample storage space to meet diverse business needs. The building's design caters to various office types, including executive, medical, creative, and traditional office settings. The property is a retail, office, and special purpose building, offering versatility for a range of businesses. Note that the rental rate excludes pass-through costs, estimated at $3.50 per square foot. This property remained undamaged during last year's storms, providing peace of mind and operational stability. This is an excellent opportunity to establish or expand your business in a thriving Daytona Beach location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $145,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $125,000
- Geo Method
- $135,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $140,000
- Retail
- $170,000
- Mixed-Use
- $125,000
- Hospitality
- $170,000
- Educational
- $140,000
- Residential Income
- $140,000
- Energy
- $135,000
- Income-Based Land
- $125,000
- Food Service
- $130,000
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0224
- Latitude
- 29.2237
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
