Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    220 Magnolia Ave, Unit 222 Daytona Beach, FL 32114-4348

    • Turn key restaurants
    • 5,783 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3051740
    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

    • The Cellar Restaurant / Restaurant
    • italian fine dining / Restaurant
    • aqswdfgb / Bar & Pub

    Property Details for 220 Magnolia Ave

    Year built
    1901
    Construction
    WOOD
    Lot size
    0.23 lot acres
    Property size
    5,783 SF
    Property type
    Turn key restaurants
    APN
    5339-01-09-0012
    APU
    533901090012

    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
    -81.0212
    Latitude
    29.2096
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,390
    $49,500
    $129,624
    $179,124
    -
    $49,500
    $129,624
    $179,124

    Comparable in this City

    • Value Estimation by Request
      1,660 SF

      240 Bch St

      RESTAURANT • 1,660 SF
      240 Bch St, Daytona Beach, FL 32114-4404
      View Details
    • Value Estimation
      $815,000
      6,499 SF

      1735 International Speedway Blvd

      RESTAURANT • 6,499 SF
      1735 International Speedway Blvd, Daytona Beach, FL 32114-1303
      View Details
    • Value Estimation
      $3,245,000
      9,227 SF

      2514 International Speedway Blvd

      RESTAURANT • 9,227 SF
      2514 International Speedway Blvd, Daytona Beach, FL 32114-1119
      View Details
    • Value Estimation by Request
      2,500 SF

      200202 Martin Luther King Blvd

      RESTAURANT • 2,500 SF
      200202 Martin Luther King Blvd, Daytona Beach, FL 32114
      View Details
    • Value Estimation by Request
      1,425 SF

      216 Bch St

      RESTAURANT • 1,425 SF
      216 Bch St, Daytona Beach, FL 32114-4404
      View Details
    • Value Estimation by Request
      1,705 SF

      214 Bch St

      RESTAURANT • 1,705 SF
      214 Bch St, Daytona Beach, FL 32114-3302
      View Details

    Similar Nearby for Sale

    • $350,000
      4,387 SF

      Daytona Beach Restaurant Opportunity

      Fully built-out restaurant in Daytona Beach's revitalized waterfront district.
      128 S Beach St, Daytona Beach, FL 32114
      View Details
    • $650,000
      7,200 SF

      Daytona Beach Mixed-Use Investment

      Prime location, 7,200 SF, three units.
      601 Bellevue Ave, Daytona Beach, FL 32114
      View Details
    • $4,200,000

      Beachfront Inn & Restaurant

      Historic Daytona Beach Hotel, Restaurant for Sale
      444 Beach St, Daytona Beach, FL 32114
      View Details
    • $675,000
      4,745 SF

      Daytona Beach Multi-Use Building

      Historic Downtown Daytona, Versatile Space
      115 Myrtle Ln, Daytona Beach, FL 32114
      View Details
    • $695,000
      3,460 SF

      Beach Street Mixed-Use Investment

      Prime Daytona Beach Commercial Property
      240 Beach St, Daytona Beach, FL 32114
      View Details
    • $380,000
      1,519 SF

      Daytona Beach Mixed-Use Property

      1,519 sq ft, Multi-Use Investment Opportunity
      1604 Illinois St, Daytona Beach, FL 32114
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,500 SF

      Daytona Beach Retail Space Available

      Retail and restaurant spaces available in new shopping center.
      1587 N Williamson Blvd, Daytona Beach, FL 32114
      View Details
    • $3,500 /Mo
      1,100 SF

      Restaurant Space on Beach Approach

      Restaurant space for lease with patio directly on the beach.
      817-825 E International Speedway Blvd, Daytona Beach, FL 32114
      View Details
    • $32 SF/Yr
      28,075 SF

      Daytona Beach Creative Office Space

      Prime location, 2,655 sq ft available.
      2254 International Speedway Blvd, Daytona Beach, FL 32114
      View Details
    • Contact for pricing
      70,000 SF

      Daytona Beach Retail Center

      Prime Daytona location, 5 suites available
      2200 International Speedway Blvd, Daytona Beach, FL 32114
      View Details
    • Contact for pricing
      1,685 SF

      Regional Power Center Space Available

      Retail, restaurant, and office spaces for lease in Port Orange.
      5543 S Williamson Blvd, Port Orange, FL 32114
      View Details
    • Contact for pricing

      Retail/Restaurant Space on Speedway Blvd

      Retail or restaurant spaces available for lease on International Speedway.
      918 W International Speedway Blvd, Daytona Beach, FL 32114
      View Details

    Property Visit Statistics

    • Visits by month
      3.6k
    • Visitors by month
      2.9k
    • Avg Time on site
      14 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    220 Magnolia Ave, Unit 222
    Daytona Beach, FL 32114-4348
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.