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1102 S Atlantic Ave Daytona Beach, FL 32118

Commercial land Google Maps
2,418 SF 0.48 ac lot Built 1956
Entity Owned 10-yr Hold Free & Clear
Estimated value (blended)
$500k
Range $450k – $550k (±10%)
Property ID US18-7622964

Property summary

AI-generated overview

This exceptional 0.79-acre commercial land parcel presents a unique investment opportunity in Daytona Beach, Florida. Located at 1102 S Atlantic Ave, Volusia County, this single-tenant property boasts a prime location just steps from the beach and numerous hotels. Its strategic position at the highly trafficked intersection of A1A and Silver Beach Avenue ensures maximum visibility and accessibility. The property is offered as a ground lease or build-to-suit option, providing flexibility for potential developers or investors. Daytona Beach's renowned beaches and the iconic Daytona International Speedway (operating since 1959) attract significant tourism and contribute to a robust local economy. This makes this property an ideal location for a variety of commercial ventures, capitalizing on the city's popularity as a premier beachfront vacation destination. The property's address is 1102 S Atlantic Ave, Daytona Beach, FL 32118. The geographic coordinates are latitude 29.212587 and longitude -81.002007. This is a rare chance to acquire a highly visible and desirable commercial property in a thriving coastal market. The property type is land, and the county is Volusia County.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1956
Total area 2,418 SF
Lot 0.48 ac (20,900 SF)
APN 5309-35-00-0010
UPID US18-7622964

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$460k
Comparable Approach Comparable
$560k
Blend (final) Blend
$500k

Owner & transaction history

since 2015
4 recorded transactions
2015
Price N/A
2015
$262,700
2005
$662,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $720,000 +64.7%
Auto repair, garage $600,000 +37.6%
Neighborhood: shopping center $515,000 +17.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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