Property profile

1610 W International Speedway Blvd Daytona Beach, FL 32114

FOR SALE
Investment properties
Property ID
US18-3968277
25,599 SF 2.3 ac lot Built 1998
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story office building, totaling 25,674 square feet, presents a unique investment opportunity in Daytona Beach, Florida. Located at 1610 W International Speedway Blvd, this Class B property boasts a prime location adjacent to the Volusia Mall, directly across from Daytona International Speedway and Daytona Beach International Airport, ensuring high visibility and accessibility. The building, renovated in 2006, offers flexible space options ranging from 2,000 to 25,000 square feet, suitable for various uses including traditional, executive, coworking, medical, and creative offices. Features include 95 parking spaces (a 3.75/1000 ratio), a 462 square foot warehouse component, one grade-level door, and one dock well. The 2.29-acre lot provides direct ingress/egress from International Speedway Boulevard, benefiting from an average daily traffic count of 38,000 vehicles. The BR-2 zoning allows for diverse business types. The building's layout includes 16,855 square feet on the first floor and 8,819 square feet on the second floor. Immediate occupancy is available with competitive lease rates and flexible terms. This property offers a rare combination of location, versatility, and modern amenities, making it an ideal choice for businesses seeking a prominent presence in a high-growth area.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,599 SF
Lot 2.3 ac (100,000 SF)
Zoning code BR2
APN 5213-00-00-0020
UPID US18-3968277

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
  • Building Supply General Contractor
  • (Bike/Boat/Book/etc) Store

Location

1610 W International Speedway Blvd Daytona Beach, FL 32114
Daytona Beach metro DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.87M
Comparable Approach Comparable
$5.73M
Blend (final) Blend
$5.13M

Owner & transaction history

since 2008
5 recorded transactions
2019
Price N/A
2008
Price N/A
2008
$2.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BR2 · Daytona Beach, FL
Zoning description

The purpose of the Business Retail-2 (BR-2) district is to accommodate a wide range of retail sales and service uses (from florists, jewelry stores, and gift shops to department and variety stores, furniture stores, and…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Warehouse, storage $7.6M +136.1%
Auto repair, garage $6.4M +97.1%
Restaurant $5.5M +70.2%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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