220 Bch St Daytona Beach, FL 32114-3302
- Investment properties
- 21,052 SF
- 1.00 lot acres
Current Use by Public Records
- United States Postal Service / Post Office / Logistics Service
- Robinson family cleaning service llc / Hardware & Home Improvement
- Medical Massage Seminars / Alternative Medicine Practice / Spa & Massage Center
- Koda Wear / Department Store
Property Details for 220 Bch St
- Year built
- 1933
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.00 lot acres
- Property size
- 21,052 SF
- Zone code
- BR1
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 5339-02-48-0030
- APU
- 533902480030
Description
This exceptional commercial property, located at 220 S Beach St, Daytona Beach, FL 32114, presents a fantastic leasing opportunity. Situated on a 0.17-acre lot at the intersection of South Beach Street and Orange Avenue, this two-story building offers a blend of retail and office space. The building, classified as Class B, boasts a total of 12,000 square feet, with 3,300 square feet currently available for lease. The property is zoned RDD-1 and features a single building with multiple tenancies. The address is easily accessible and benefits from high visibility due to its prime location. Ideal for businesses seeking a prominent presence in Daytona Beach, this property offers a versatile space adaptable to various commercial uses. The property's APN is 5339-01-05-0041 in Volusia County. This is a rare opportunity to secure a well-located, established space in a thriving area. The available 3,300 square feet provides ample room for expansion or to accommodate a growing business. Don't miss this chance to establish your business in this vibrant Daytona Beach location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,335,000
- 6.5%
- $4,000,000
- 7%
- $3,715,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,808,000
- AI Estimate
- $3,404,000
Market price range: $1.58M - $5.53MMarket price range: $919k - $3.94M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,655,000 Current use
- AUTO REPAIR, GARAGE
- $5,230,000 Change: +97% Conversion: Difficult
- RESTAURANT
- $4,520,000 Change: +70% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $4,465,000 Change: +68% Conversion: Difficult
- MEDICAL BUILDING
- $4,120,000 Change: +55% Conversion: Easy
- RETAIL STORES
- $3,115,000 Change: +17% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $2,485,000 Change: -6% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0211
- Latitude
- 29.2145
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA