1604 Illinois St, Daytona Beach, FL 32114
For Sale
1 / 9
This exceptional Daytona Beach, Florida property at 1604 Illinois Street presents a unique investment opportunity. Boasting 1,519 square feet on a 15,002.06 square foot lot, this mixed-use property, built in 2006, offers remarkable versatility. The M1 zoning allows for a wide range of uses, including but not limited to: auto shop, commercial, warehouse, medical office, executive office, and various other business ventures. Its prime location near the hospital and adjacent out parcels ensures high visibility and accessibility. The property's diverse zoning makes it suitable for a strip mall, industrial activities, showrooms, or office spaces. While previously used for multiple purposes, including residential, post-sale use will be restricted to non-residential purposes only. This single-unit property is priced at $380,000 and presents a compelling chance to capitalize on Daytona Beach's thriving commercial market. The property's flexibility and strategic location make it an ideal investment for a discerning buyer seeking a high-return opportunity in a dynamic area. The property is located in Volusia County, Florida, zip code 32114.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.