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121 International Speedway Blvd Daytona Beach, FL 32114-4376

OFF-MARKET Retail space Google Maps
11,945 SF 0.15 ac lot Built 1952
Individually Owned 15-yr Hold Free & Clear
Estimated value (blended)
$285k
Range $257k – $314k (±10%)
Property ID US18-2262807

Property summary

AI-generated overview

This vacant, 11,945 square foot mixed-use property in Daytona Beach, Florida, presents a significant redevelopment opportunity. Located at 121 W International Speedway Blvd, this Class D building features 6,000 square feet of ground floor retail space and 6,000 square feet upstairs, potentially suitable for residential or office use. The property boasts a new roof (installed January 2024) and benefits from its prime location in Daytona Beach's redevelopment zone, next to the intracoastal waterway and a short drive from the Atlantic Ocean. The asking price is $1,799,000 ($150.61/SF). Zoned RDD2, this property is ideal for investors seeking to capitalize on Daytona Beach's revitalization, or for entrepreneurs looking to establish a high-traffic retail business or a mixed-use development. The property's strategic downtown location offers easy access to waterfront amenities and the vibrant energy of Daytona Beach's cultural attractions and entertainment options. This presents a unique chance to own a substantial piece of Daytona Beach's commercial landscape. The property is currently vacant. The APN is 533909020070.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,945 SF
Lot 0.15 ac (6,359 SF)
APN 5339-09-02-0070
UPID US18-2262807

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
by Request
Comparable Approach Comparable
$784k
Blend (final) Blend
$285k

Owner & transaction history

since 2010
4 recorded transactions
2010
$225,000
2010
Price N/A
2005
$525,000
2003
$384,000

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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