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Property profile & analytics
OFF-MARKET Estimated value $4,710,000
Hotels

2904 International Speedway Blvd Daytona Beach, FL 32124-1009

53,760 SF 2.98 ac lot Built 1972
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0490140
Property summary
AI-generated overview

This 164-key, two-story Days Inn by Wyndham Daytona Beach Speedway hotel presents a compelling investment opportunity. Built in 1972, the property sits on a 2.98-acre lot and boasts an exterior corridor design. Its strategic location directly off Interstate 95 and International Speedway Boulevard offers exceptional visibility and accessibility, with high average daily traffic counts. The hotel is ideally situated near major attractions, including Daytona International Speedway (2.2 miles), Daytona Beach International Airport (3.4 miles), and Daytona Beach (5.3 miles), ensuring consistent demand from both leisure and business travelers. Proximity to Daytona State College and Embry-Riddle Aeronautical University further enhances its appeal to students and faculty. The hotel includes amenities such as an outdoor pool, business center, dining area, fitness center, guest laundry, and a free shuttle service to the Speedway. Financial highlights include a list price of $7,600,000, with projected revenue and capitalization rates available upon request. The property offers significant upside potential through a potential conversion to a dual-brand Econo Lodge/Suburban Studios, leveraging the strong brand recognition of established hotel franchises. This conversion, estimated at $750,000 (subject to verification), would allow the property to cater to both leisure and extended-stay guests. Alternatively, a property improvement plan to retain the Days Inn flag is estimated at $500,000+ (subject to verification). The property's strong performance, ranking third out of six competitors in its market for RevPAR index penetration, demonstrates its potential for continued growth and profitability. The Daytona Beach area attracts millions of tourists annually, fueled by events like the Daytona 500 and Daytona Bike Week, ensuring a robust and diverse customer base. This property offers a unique blend of established performance and significant growth potential in a high-demand market.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 53,760 SF
Lot 2.98 ac (129,901 SF)
Zoning code B6
APN 5227-00-00-0030
UPID US18-0490140
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.97M
Comparable Approach Comparable
$4.43M
Blend (final) Blend
$4.71M
Owner & transaction history
Vinod & Sons INC · 20 yrs held
Vinod & Sons INC
since 2005
2 recorded transactions
2021
Price N/A
2005
$6.1M
Zoning & alternative use
B6 · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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