Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1112 Riverside Dr Daytona Beach, FL 32117

    • Office buildings
    • 7,044 SF
    • 0.44 lot acres
    For Sale
    View listing
    $1,850,000
    Last Sale
    Feb 14, 2025
    $450,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0904996
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Natalie @The Summit / Hair Salon
    • Douglas Kneller & Thérèse Misita Truelove ifloridadivorce.com, LLC / Law Firm
    • J D Loach Attorney At Law / Law Firm
    • Ozburn Julie / Law Firm
    • American Barn Art / Art Gallery

    Property Details for 1112 Riverside Dr

    Year built
    1933
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.44 lot acres
    Property size
    7,044 SF
    Property type
    Office buildings
    APN
    4242-50-01-0020
    APU
    424250010020

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0376
    Latitude
    29.2481
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,242
    $109,250
    $582,382
    $691,632
    -
    $109,250
    $582,382
    $691,632

    Comparable in this City

    • Value Estimation by Request

      Indigo Business Center | Office Space For Lease

      5,100 SF of office space and 900 SF of storage space available For Lease
      1901 Mason Avenue, Unit 102 | Daytona Beach, FL 32117, Daytona Beach, FL 32117
      View Details
    • Value Estimation by Request
      24,718 SF

      1075 Mason Ave

      Medical Office Space • 24,718 SF
      1075 Mason Ave, Daytona Beach, FL 32117
      View Details
    • Value Estimation
      $1,410,000
      10,532 SF

      1873 Clyde Morris Blvd

      MEDICAL BUILDING • 10,532 SF
      1873 Clyde Morris Blvd, Daytona Beach, FL 32117-5518
      View Details
    • Value Estimation
      $1,575,000
      10,532 SF

      1893 Clyde Morris Blvd, Unit 2

      MEDICAL BUILDING • 10,532 SF
      1893 Clyde Morris Blvd, Daytona Beach, FL 32117-5535
      View Details
    • Value Estimation
      $915,000
      4,325 SF

      1663 Clyde Morris Blvd, Unit 4

      MEDICAL BUILDING • 4,325 SF
      1663 Clyde Morris Blvd, Daytona Beach, FL 32117-5500
      View Details
    • Value Estimation by Request
      768 SF

      115 Mason Ave

      MEDICAL BUILDING • 768 SF
      115 Mason Ave, Daytona Beach, FL 32117-5017
      View Details

    Similar Nearby for Sale

    • $1,850,000

      Updated Historic Professional Center

      Updated, historic-designated building with modern functionality and river views.
      1112 Riverside Dr, Holly Hill, FL 32117
      View Details
    • Contact for pricing
      2,164 SF

      Daytona Beach Commercial Building Opportunity

      Commercial building with yard space and multiple office spaces.
      116 Center St, Daytona Beach, FL 32117
      View Details
    • $1,900,000
      Pending

      Daytona Beach Commercial Property Portfolio

      Four buildings on 2.2 acres in Daytona Beach, Florida.
      1075 Mason Ave, Daytona Beach, FL 32117
      View Details
    • $1,850,000
      7,060 SF

      Historic Office Building with River Views

      Updated historic building with modern functionality and income potential.
      1112 Riverside Dr, Daytona Beach, FL 32117
      View Details
    • $1,850,000

      Historic Office Building by Sunrise Park

      Updated historic office building with river views and flexible layout.
      1112 Riverside Dr, Daytona Beach, FL 32117
      View Details
    • $8,900,000
      147,000 SF

      Industrial, Office, Self Storage, Call/Data Center +/-147,000 SF - Heavy Power

      Industrial, Office, Self Storage, Call/Data Center +/-147,000 SF - Heavy Power
      901 6th Street, Daytona Beach, FL 32117
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      1,147 SF

      Holly Hill Office Building For Lease

      1,147 sq ft Medical Office Space in Daytona Beach
      244 9 St, Holly Hill, FL 32117
      View Details
    • $2,623 /Mo
      10,532 SF

      Daytona Beach Office Space Available

      New office space in prime Daytona Beach location for lease.
      1913 N Clyde Morris Blvd, Daytona Beach, FL 32117
      View Details
    • $11 SF/Yr
      4,130 SF

      Holly Hill Industrial Warehouse

      Versatile 4,130 SF Warehouse in Holly Hill, FL
      333 Carswell Ave, Holly Hill, FL 32117
      View Details
    • $15 SF/Yr
      5,000 SF

      Daytona Beach Medical Office Space

      Prime Medical Office, 5,000 SF Available
      1620 Mason Ave, Daytona Beach, FL 32117
      View Details
    • New
      $12 SF/Yr
      2,250 SF

      Holly Hill Retail/Office/Medical Space

      2,250 sq ft retail/office/medical space for lease.
      701 Ridgewood Ave, Holly Hill, FL 32117
      View Details
    • New
      $12 SF/Yr
      1,125 SF

      Holly Hill Retail/Office/Medical Space

      Highly visible retail, office, or medical space for lease.
      701 Ridgewood Ave, Holly Hill, FL 32117
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1112 Riverside Dr
    Daytona Beach, FL 32117
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!