418 Segrave St Daytona Beach, FL 32114
- Investment properties
- 3,335 SF
- 0.45 lot acres
Current Use by Public Records
- General Mechanical Corporation / General Contractor / Hvac Contractor
- Tydir Construction Corporation / General Contractor
Property Details for 418 Segrave St
- Year built
- 1947
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.45 lot acres
- Property size
- 3,335 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 5338-32-00-0190
- APU
- 533832000190
Description
This exceptional commercial property portfolio in Daytona Beach, Florida, presents a unique investment opportunity. Comprising three buildings totaling 12,755 square feet on 1.23 acres of land, this offering includes a diverse mix of office and warehouse space across four parcels (APN: 533832000190, 533832000130, 533832000150, 533832000620). The property is zoned M1 and boasts a high level of finish in its office spaces, featuring exquisite woodwork, trim, a full kitchen, break room, conference room, and three executive offices each with private restrooms. A large decorative pond with a fountain enhances the attractive parking area. One building at 401 George W Engram Blvd (0.27 acres, 4,416 SF) comprises three warehouse units, each with 12x12 roll-up doors, separately metered electricity, and a security gate. The buildings at 430 N Segrave St (0.3 acres, 4,004 SF total) offer eight demised warehouse units, each with its own bathroom and separate meters. The building at 418 N Segrave St (0.45 acres, 3,335 SF) provides substantial office space, potentially divisible into two separate offices, secured parking, a camera system, and the potential for twelve offices and six restrooms. Finally, a 0.21-acre parcel at 339 Michigan Ave provides overflow parking. The property benefits from available rail access and was owner-occupied for two decades by a building contractor, reflecting high-quality construction and attention to detail throughout. This is an ideal opportunity for investors seeking a diverse and well-maintained commercial property in a desirable location. The asking price is $1,700,000. Built in 1947, this Class C property offers significant potential for a variety of uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,260,000
- 6.5%
- $1,080,000
- 7%
- $1,210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,290,000
- Geo Method
- $1,060,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,245,000
- Retail
- $1,155,000
- Mixed-Use
- $1,170,000
- Hospitality
- $1,180,000
- Educational
- $1,090,000
- Residential Income
- $1,185,000
- Energy
- $1,285,000
- Income-Based Land
- $1,090,000
- Food Service
- $1,330,000
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.029
- Latitude
- 29.2181
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
