115 Myrtle LnDaytona Beach, FL 32114

Property Details for 115 Myrtle Ln

Year built

1958

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.19 AC

Property size (Sq ft)

4,724 SF

Property type

Retail properties

Property subtype

Retail space

APN

5339-09-01-0060

APU

533909010060

Description

This versatile 4,745 square foot multi-use building, situated on an 8,276.4 square foot lot in historic downtown Daytona Beach, presents a unique investment opportunity. Built in 1958, the concrete block structure boasts high ceilings (with a 10' x 10' overhead door), making it suitable for a wide range of commercial uses. The property includes five dedicated parking spaces, supplemented by ample public parking nearby. Its central location places it conveniently close to the courthouse. The building's features include three separate HVAC systems, two restrooms, a kitchen facility with an exterior door, and a security camera system. A sprinkler system with an audible alarm enhances safety. The property's adaptability allows for multiple businesses to operate simultaneously, making it an ideal investment for entrepreneurs or those seeking a diverse revenue stream. The nearly unlimited potential uses, combined with its prime location, make this a highly attractive property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,457,957

  6.5%

  $1,345,806

  7%

  $1,249,677

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,756,691

  Geo Method

  $1,328,897

• Alternative Use

  Use

  Valuation

  Residential

  $1,135,238

  Hospitality

  $1,039,872

  Educational

  $865,161

  Medical

  $894,915

  Retail

  $1,345,806

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2108

Longitude

-81.0196

CBSA code

19660

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.