530 Beach StDaytona Beach, FL 32114

Property Details for 530 Beach St

Year built

1956

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.49 AC

Property size (Sq ft)

40,279 SF

Zone code

M1

Property type

Retail properties

Property subtype

Retail space

APN

5338-30-00-0010

APU

533830000010

Description

This exceptional 40,359-square-foot industrial property, located at 530 N Beach St in Daytona Beach, Florida, presents a significant opportunity for businesses seeking versatile manufacturing, flex, or distribution space. The single-tenant building, constructed in 1956 and classified as Class C, sits on a generous 57,347-square-foot lot. The entire space is currently vacant, offering immediate occupancy. The property boasts impressive features including a ceiling height ranging from 12 to 20 feet, providing ample vertical space for various operational needs. Four convenient drive-in doors ensure efficient loading and unloading. The building is equipped with heavy 3-phase power, catering to energy-intensive operations. Zoned M1, this property is ideally suited for a wide range of industrial uses. Located in Volusia County, Florida, with a 32114 zip code, this Daytona Beach address offers excellent access to transportation networks and a thriving local economy. This is a rare opportunity to secure a substantial industrial space in a prime location. The property's size, features, and location make it an ideal choice for businesses seeking to establish or expand their operations in the Daytona Beach area. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $12,427,892

  6.5%

  $11,471,900

  7%

  $10,652,479

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,973,317

  Geo Method

  $11,330,789

• Alternative Use

  Use

  Valuation

  Residential

  $9,676,977

  Hospitality

  $8,864,059

  Educational

  $7,374,793

  Medical

  $7,628,424

  Retail

  $11,471,900

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2223

Longitude

-81.0245

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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