1627 State Ave Daytona Beach, FL 32117
- Warehouses
- 3,750 SF
- 0.24 lot acres
Current Use by Public Records
- Autocraft Paint & Repair / Auto Body Shop
Property Details for 1627 State Ave
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 0.24 lot acres
- Property size
- 3,750 SF
- Zone code
- I1
- Property type
- Warehouses
- APN
- 4242-20-11-0140
- APU
- 424220110140
Description
This 3,750 square foot warehouse in Daytona Beach, Florida, presents a compelling investment opportunity. Located on a 10,545.88 square foot lot in the bustling Holly Hill industrial district, this property boasts a prime location with easy access to other industrial businesses. Built in 1980 and featuring a brand-new roof (February 2024), the warehouse previously housed a successful body shop and car restoration company. The existing structure includes a lift, compressor, air lines, and a paint booth, along with existing office and storage space. An additional approximately 450 square feet of space is available for development, offering potential for expansion. The property's versatile layout and existing infrastructure make it suitable for a variety of industrial uses. All information is from tax records and while deemed reliable, is not guaranteed. The asking price is $449,900. Appointments for viewings are available. This is a rare chance to acquire a well-situated industrial property with significant upside potential in a thriving commercial area. The property's address is 1627 State Avenue, Daytona Beach, FL 32117.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $370,000
- 7%
- $340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $350,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $425,000
- Retail
- $430,000
- Mixed-Use
- $360,000
- Hospitality
- $360,000
- Educational
- $360,000
- Residential Income
- $390,000
- Energy
- $425,000
- Income-Based Land
- $400,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0494
- Latitude
- 29.2566
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA