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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1336 Lpga Blvd Daytona Beach, FL 32117

    • Small apartment buildings
    • 118,047 SF
    For Sale
    View listing
    $1,125,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4028966
    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

    • Small apartment buildings

    Property Details for 1336 Lpga Blvd

    Property size
    118,047 SF
    Property type
    Small apartment buildings

    Description

    This exceptional 118,047 square foot commercial lot, located at 1336 LPGA Boulevard in Daytona Beach, Florida, presents a unique investment opportunity. Currently zoned R4-residential, allowing for medium-density residential development, the property offers significant potential for rezoning to accommodate a variety of commercial uses. The lot's size provides ample space for a substantial development project. City water and sewer services are readily available at the street, simplifying infrastructure connections. The property is situated in a high-traffic area along LPGA Boulevard, ensuring excellent visibility and accessibility. While currently zoned R-4, allowing for single-family dwellings with minimum lot size of 7,500 sq ft and minimum 850 sq ft livable area, prospective buyers should contact Volusia County for detailed information regarding zoning and planning regulations and potential rezoning options. All information provided is believed to be accurate but is not guaranteed. The asking price for this prime commercial land is $530,000. This presents a compelling opportunity for developers and investors seeking a strategic location in a thriving area of Daytona Beach.

    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
    -81.068644
    Latitude
    29.235212

    Comparable in this City

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      Daytona Beach Mixed-Use Investment

      5,341 SF Multi-Use Property, High Potential
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    • $149,900

      Daytona Beach Multifamily Investment

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    • $800,000
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      Daytona Beach Multi-Use Property

      Versatile 5,341 sq ft building, many uses.
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    • $785,000

      Daytona Beach Multifamily Development

      Prime 16-unit townhome project, ready to build!
      475 3Rd St, Daytona Beach, FL 32117
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    • $899,000
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      Daytona Beach Multifamily Investment Opportunity

      8-unit multifamily property in Daytona Beach with upside potential.
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      Holly Hill, FL Multifamily Portfolio

      1455 Units, $140M Value-Add Opportunity
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    Similar Nearby for Sale

    • $800,000
      5,341 SF

      Daytona Beach Mixed-Use Investment

      5,341 SF Multi-Use Property, High Potential
      526 Mason Ave, Daytona Beach, FL 32117
      View Details
    • $149,900

      Daytona Beach Multifamily Investment

      Prime Land, High-Traffic Area, RES-3 Zoning
      000 Mason Ave, Daytona Beach, FL 32117
      View Details
    • $800,000
      5,341 SF

      Daytona Beach Multi-Use Property

      Versatile 5,341 sq ft building, many uses.
      526 Mason Ave, Daytona Beach, FL 32117
      View Details
    • $785,000

      Daytona Beach Multifamily Development

      Prime 16-unit townhome project, ready to build!
      475 3Rd St, Daytona Beach, FL 32117
      View Details
    • $899,000
      5,194 SF

      Daytona Beach Multifamily Investment Opportunity

      8-unit multifamily property in Daytona Beach with upside potential.
      601 State Ave, Daytona Beach, FL 32117
      View Details
    • Contact for pricing

      Holly Hill, FL Multifamily Portfolio

      1455 Units, $140M Value-Add Opportunity
      0 Ridgewood Ave, Holly Hill, FL 32117
      View Details

    Similar Nearby for Lease

    • $240 SF/Yr
      10,515 SF

      Prime Volusia County Office Space

      New Construction, Flexible Suites Available
      1913 Clyde Morris Blvd, Daytona Beach, FL 32117
      View Details
    • $15 SF/Yr
      4,000 SF

      LPGA Blvd Commercial Property

      Prime location, versatile 4,000 sq ft.
      1312 Lpga Blvd, Daytona Beach, FL 32117
      View Details
    • $24 SF/Yr
      500 SF

      Holly Hill Office Space - US Hwy 1

      Prime Office, High Traffic, 500 sq ft
      921 Ridgewood Ave, Holly Hill, FL 32117
      View Details
    • Contact for pricing

      Daytona Beach Commercial Land Available

      Commercial land for rent with high traffic and easy access.
      1445 S Nova Rd, Daytona Beach, FL 32117
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    • $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
    • $1,000 /Mo
      115,870 SF

      Holly Hill Industrial Storage Space

      Outdoor storage space for trucks, trailers, equipment, and vehicles.
      406 Walker St, Daytona Beach, FL 32117
      View Details
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    Daytona Beach, FL 32117
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    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
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