Entity Owned 
For Lease
1 / 16
Contact for pricing
1173 W International Speedway Blvd, Daytona Beach, FL 32114
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Property summary
AI-generated overview
Tarragona Shoppes is a retail/office center configured to support a mix of tenant uses, including banks, retail, professional offices, and food service with a drive-through. The property is located at the southeast corner of International Speedway Boulevard and Central Avenue, between Clyde Morris Boulevard and Nova Road, and provides vehicular access via a westbound turn lane into the center. It features visibility along International Speedway Boulevard and includes available pylon signage. On-site parking totals 114 spaces. The site is positioned to serve nearby demand from Daytona State College and major employers and destinations, including Halifax Health Medical Center and International Speedway Corporation.
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
Current use
Occupant on record · Public records
-
Dental Office
-
Restaurant
-
Cafe & Coffee Shop
-
Insurance Agency
-
Barber Shop
Location
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
since 2011
6 recorded transactions
Zoning & alternative use
R1A · Daytona Beach, FL
Top alternative use upside
Warehouse, storage
$6.3M
+40.3%
Auto repair, garage
$5.2M
+17.1%
Restaurant
$4.5M
+1.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.83M
Value range
$4.35M – $5.31M
±10% around blend
Estimated value / SF
$230 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$4.35M
blend $4.83M
$5.31M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
21,019 SF
Lot area
2.35 ac
Year built
2016
Stories
1
APN
5239-48-15-0050
Zoning
R1A
Assessed value
$2,874,462
Annual tax
$51,533
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.91M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.32M
@ 6.5% CAP return
$4.91M
@ 7% CAP return
$4.56M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$51,533
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$6.30M
Range $2.60M – $9.38M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.83M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 19 sales
$212
+8%
County 55 sales
$179
+28%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $230/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+40%
vs current-use indication
Auto Repair, Garage
Restaurant
Neighborhood: Shopping Center · current use
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$235k
Move the market yield to see immediate price impact.
Value / SF
$11
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$15k
$297k
$212k
$165k
$16k
$330k
$235k
$183k
$18k
$363k
$259k
$201k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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, FLZoning R1A · permitted uses
R1A · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · 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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R1A
Jurisdiction
Daytona Beach, FL
Recorded code
R1A
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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