Technical
Financial
Distress signals
Property profile

2416 S Atlantic Ave Daytona Beach Shores, FL 32118

FOR LEASE
Banks
Property ID
US18-4830597
2,455 SF 0.39 ac lot Built 1993
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a 2,455-square-foot commercial building in Daytona Beach Shores with historical use as a Wells Fargo branch. The interior layout features an open floor plan with high ceilings measuring approximately 12 to 13 feet. Building security includes interior and exterior cameras, and a bank vault remains on site. The site is located on South Atlantic Avenue on the west side of the corridor, between ISB and Dunlawton Ave, and the property sits on a 0.38-acre lot. Zoning is GC-RD, supporting a wide range of commercial uses such as retail, office, convenience retail, personal service uses (e.g., spas), medical facilities, restaurants, boutique shops, entertainment venues, and seafood markets; the configuration is also suitable for drive-through businesses such as coffee shops or fast-food concepts.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,455 SF
Lot 0.39 ac (16,950 SF)
APN 5322-04-14-0180
UPID US18-4830597

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2416 S Atlantic Ave Daytona Beach Shores, FL 32118
Daytona Beach Shores metro Census 82604 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2021
Price N/A
2020
$280,000

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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