619 International Speedway BlvdDaytona Beach, FL 32114

Property Details for 619 International Speedway Blvd

Year built

1957

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.35 AC

Property size (Sq ft)

1,364 SF

Zone code

BA

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

5339-76-01-0010

APU

533976010010

Description

This exceptional mixed-use property, located at 619 W International Speedway Boulevard in Daytona Beach, Florida, presents a compelling investment opportunity. Boasting nearly half an acre (15,320.05 sq ft) of land, this 1,364 square foot building offers significant frontage (90 feet) on the heavily trafficked International Speedway Boulevard, providing unparalleled visibility. Access is available from both International Speedway Boulevard and Jesse Street, ensuring convenient access for customers and employees. Built in 1957, the property is zoned for mixed use (RDM-1) and benefits from its location within the Midtown redevelopment district. Its prime location offers easy access to major transportation arteries, including I-95 and US-1, as well as proximity to Daytona Beach's beaches, hospitals, universities, the airport, and the renowned International Speedway. The asking price is $529,900, and seller financing is available. This property is ideal for a variety of commercial uses, capitalizing on its high visibility and strategic location in a thriving area of Daytona Beach. The substantial lot size also presents potential for future expansion or redevelopment. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $355,017

  6.5%

  $327,708

  7%

  $304,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $311,889

  Geo Method

  $236,008

• Alternative Use

  Use

  Valuation

  Residential

  $327,708

  Hospitality

  $300,179

  Educational

  $249,745

  Medical

  $258,335

  Retail

  $388,493

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2078

Longitude

-81.0292

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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