409 International Speedway Blvd Daytona Beach, FL 32114
- Retail space
- 6,608 SF
- 0.49 lot acres
Current Use by Public Records
- cool rayz window tinting / Window Tinting Service
- Right Choice 🇩umpster Rentals / Waste Management Service
Property Details for 409 International Speedway Blvd
- Year built
- 1918
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.49 lot acres
- Property size
- 6,608 SF
- Zone code
- M1
- Property type
- Retail space
- APN
- 5339-20-00-0020
- APU
- 533920000020
Description
This exceptional commercial property at 409 W. International Speedway Blvd., Daytona Beach, FL 32114, presents a lucrative investment opportunity or a user-ready building. The property encompasses a 9,358 square foot building, featuring a 6,608 square foot retail showroom and a 2,750 square foot warehouse, situated on a 0.49-acre lot. Boasting 122 feet of frontage on International Speedway Blvd, this multi-tenant property currently enjoys 100% occupancy, with detailed cash flow information available under a confidentiality agreement. The property is zoned M-1, allowing for diverse uses including automotive, marine, retail, industrial, and office. Its strategic location offers easy access to Daytona Beach's major retail, healthcare, transportation, and education centers. The property benefits from its placement in an Opportunity Zone and a designated Florida Enterprise Zone, providing additional investment incentives. Its proximity to Walgreens and Wawa at the US Hwy 1 and US Hwy 92 intersection ensures high visibility and accessibility. Significant signage opportunities exist along International Speedway Blvd, a major thoroughfare with an average daily traffic count of 23,500 vehicles. An assemblage opportunity exists, encompassing a total of 19,626 square feet of commercial space across 1.5 acres with 538 feet of combined frontage on International Speedway Blvd and Segrave Street. The property's APN is 533920000020. The asking price is $991,200.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $305,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $290,000
- Mixed-Use
- $230,000
- Hospitality
- $300,000
- Educational
- $255,000
- Residential Income
- $325,000
- Energy
- $315,000
- Income-Based Land
- $285,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0245
- Latitude
- 29.2097
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
