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Property profile & analytics
FOR LEASE
Strip malls
1173 W International Speedway Blvd Daytona Beach, FL 32114
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US19-0572627
For Lease
1 / 16
$26 SF/Yr
1173 W International Speedway Blvd, Daytona Beach, FL 32114
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,019 SF
Lot
2.35 ac (102,491 SF)
Zoning code
R1A
APN
5239-48-15-0050
UPID
US19-0572627
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
Current use
Occupant on record · Public records
-
Affordable Dentures & Implants Dental Office
-
Famous Philly's Cheesesteak Grill Restaurant
-
Dunkin' Cafe & Coffee Shop
-
Sarah Buckley - State Farm Insurance Agent Insurance Agency
-
Hair Mechanix Daytona - Haircuts for Men Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.91M
Comparable Approach
Comparable
$6.30M
Blend (final)
Blend
$4.83M
Owner & transaction history
Speedway Blvd Investors LLC · 14 yrs held
Speedway Blvd Investors LLC
since 2011
6 recorded transactions
Zoning & alternative use
R1A · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$6.3M
+40.3%
Auto repair, garage
$5.2M
+17.1%
Restaurant
$4.5M
+1.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Daytona Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daytona Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,320,000
6.5%
$4,910,000
7%
$4,560,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,460,000
Current use
WAREHOUSE, STORAGE
$6,255,000
Change: +40% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,220,000
Change: +17% · Conversion: Difficult
RESTAURANT
$4,510,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$4,110,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$4.83M
Range $4.35M – $5.31M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$230 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$51,533
Tax year 2023
Assessed value
$2,874,462
Assessed 2023
Previous assessed
$2,668,266
+7.7% YoY
Effective rate
1.79%
On assessed value
Assessed land
$922,419
Assessed improvement
$1,952,043
Land market value
$922,419
Improvement market value
$1,952,043
Total market value
$2,874,462
Applied tax rate
204.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
21,019 SF
Lot
2.35 ac (102,491 SF)
Zoning code
R1A
APN
5239-48-15-0050
UPID
US19-0572627
Jurisdiction
VOLUSIA
Zoning & alternative use
R1A · Daytona Beach, FL
Zoning R1A · permitted uses
R1A · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daytona Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.5M
WAREHOUSE, STORAGE
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.2M
RESTAURANT
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.35 ac
Current owner
From public records · entity-resolved
Speedway Blvd Investors LLC
Entity
Mailing address
PO BOX 730086, ORMOND BEACH, FL 32173-0086
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2011
$165,000
Speedway Blvd Investors LLC
Fidelity Bk Of Fl
Grant Deed
$110,000 · Intracoastal Bank
May 12, 2010
—
Fidelity Bk Of Fl
Safar,chadi Coc
Trustees Deed
related
—
Apr 11, 2007
—
Land Trust 4383
Safar,chadi
Quit Claim Deed
related
—
Aug 11, 2005
$250,000
Chadi Safar
Gladys June Wendt
Warranty Deed
$190,000 · Fidelity Bank Of Florida NA
Jul 1, 2005
$250,000
Record Owner
Owner,record
Warranty Deed
related
—
—
—
Speedway Blvd Investors LLC
—
Deed Of Trust
related
$3,483,500 · First Green Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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