401 International Speedway Blvd Daytona Beach, FL 32114
- Investment properties
- 3,768 SF
- 0.23 lot acres
Current Use by Public Records
- Investment properties
Property Details for 401 International Speedway Blvd
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.23 lot acres
- Property size
- 3,768 SF
- Zone code
- M1
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 5339-20-00-0030
- APU
- 533920000030
Description
This exceptional 3,768 square foot commercial property, located at 401 W. International Speedway Blvd in Daytona Beach, Florida, presents a lucrative investment opportunity or a user-ready building. Currently 100% occupied, this multi-tenant building sits on a 0.41-acre lot boasting 275 feet of combined frontage on International Speedway Blvd and Segrave St. The property features M-1 zoning, allowing for a variety of uses including automotive, marine, retail, industrial, and office spaces. Detailed cash flow information is available upon request with a signed confidentiality agreement. Benefiting from its central Daytona Beach location, the property enjoys excellent visibility and accessibility, situated directly west of a Walgreens and Wawa at a major intersection. The property also benefits from its location within an Opportunity Zone and a designated Florida Enterprise Zone. Significant signage opportunities exist along International Speedway Blvd, a high-traffic thoroughfare with an average annual daily traffic count of 23,500 vehicles. An assemblage opportunity exists, encompassing a total of 19,626 square feet of commercial space on approximately 1.5 acres with extensive frontage on both International Speedway Blvd and Segrave Street. The property's APN is 533920000030. The asking price is $565,200.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $355,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $435,000
- Mixed-Use
- $460,000
- Hospitality
- $340,000
- Educational
- $330,000
- Residential Income
- $455,000
- Energy
- $385,000
- Income-Based Land
- $420,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0242
- Latitude
- 29.2099
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
