2904 W International Speedway Blvd Daytona Beach, FL 32124
Property profile & analytics
2904 W International Speedway Blvd Daytona Beach, FL 32124
- Hotels
- 53,760 SF
- 2.98 lot acres
Property ID
US18-0490140
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.
Location Intelligence
Current Use by Public Records
- Hotels
Property Details for 2904 W International Speedway Blvd
- Year built
- 1972
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.98 lot acres
- Property size
- 53,760 SF
- Zone code
- B6
- Property type
- Hotels
- APN
- 5227-00-00-0030
- APU
- 522700000030
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,220,000
- 6.5%
- $2,970,000
- 7%
- $2,760,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,427,000
Market price range: $1.26M - $12.3M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0869
- Latitude
- 29.1712
- 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
$59,131
$584,555
$3,191,495
$3,776,050
-
$584,555
$3,191,495
$3,776,050
