1012 8Th St, Daytona Beach, FL 32117
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.