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    OFF-MARKET
    Distribution centers

    1012 8Th St, Daytona Beach, FL 32117

    Entity Owned
    Property ID
    US18-3477647
    Property summary
    AI-generated overview

    This exceptional 1.23-acre (53,578.8 sq ft) commercial development site in Daytona Beach, Florida, is fully permitted and ready for immediate construction. Located on 1012 8th Street, this prime location boasts a 311 ft deep x 165 ft wide lot, situated near a high-traffic, six-lane signalized road, ensuring excellent visibility and accessibility. The site plan allows for the construction of a 12,000 sq ft warehouse building, potentially divisible into eight 1,500 sq ft units, addressing the area's current shortage of warehouse space. Utilities are conveniently located across the street, simplifying the connection process. This pad-ready site offers significant advantages, including pre-approved plans, minimizing delays and expediting the building process. The property is surrounded by ongoing development and existing warehousing, indicating a strong and growing market. Construction can begin immediately, allowing for a swift return on investment. The asking price is $400,000, but this price is subject to change as the project progresses. The property is zoned for multiple uses, offering flexibility for various business needs. Don't miss this opportunity to capitalize on the thriving Daytona Beach commercial real estate market. This is a rare chance to acquire a fully permitted, ready-to-build site in a high-demand location. The owner, who is also the contractor, is actively moving forward with the project.

    Property profile
    Verified
    Property type Distribution centers
    UPID US18-3477647
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Paza Two LLC
    Paza Two LLC
    since 2026
    3 recorded transactions
    2026
    2024
    $408,998
    2021
    $42,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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