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

    350 International Speedway Blvd Daytona Beach, FL 32118

    • Assisted living facilities
    • 24,193 SF
    • 4.60 lot acres
    OFF-MARKET
    Value Estimations
    $4,165,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5382628
    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

    • Assisted living facilities

    Property Details for 350 International Speedway Blvd

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.60 lot acres
    Property size
    24,193 SF
    Zone code
    C-2
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    7004-00-00-0898
    APU
    700400000898

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,334,000
      Market price range: $325k - $3.33M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $5,510,000
      Current use
      AUTO REPAIR, GARAGE
      $6,010,000
      Change: +9% Conversion: Difficult
      RESTAURANT
      $5,190,000
      Change: -6% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $5,130,000
      Change: -7% Conversion: Difficult
      MEDICAL BUILDING
      $4,730,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.2987
    Latitude
    29.054
    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
    $104,349
    $1,700,000
    $3,864,507
    $5,564,507
    -
    $1,700,000
    $3,864,507
    $5,564,507

    Comparable in this City

    • Value Estimation
      $3,705,000
      78,079 SF

      3704 Cardinal Blvd

      HOMES (RETIRED, NURSING) • 78,079 SF
      3704 Cardinal Blvd, Daytona Beach, FL 32118-7204
      View Details
    • Value Estimation
      $3,135,000
      16,731 SF

      624 Atlantic Ave

      HOMES (RETIRED, NURSING) • 16,731 SF
      624 Atlantic Ave, Daytona Beach, FL 32118-4510
      View Details
    • Value Estimation
      $530,000
      4,368 SF

      212 Oakridge Blvd, Unit 212

      MEDICAL BUILDING • 4,368 SF
      212 Oakridge Blvd, Daytona Beach, FL 32118-4030
      View Details
    • Value Estimation by Request
      3,360 SF

      222 Oakridge Blvd, Unit 222

      MEDICAL BUILDING • 3,360 SF
      222 Oakridge Blvd, Daytona Beach, FL 32118-4080
      View Details
    • Value Estimation by Request
      1,606 SF

      501 Plz Blvd

      MEDICAL BUILDING • 1,606 SF
      501 Plz Blvd, Daytona Beach, FL 32118-3014
      View Details
    • Value Estimation
      $520,000
      4,258 SF

      434 Halifax Ave, Unit 434

      MEDICAL BUILDING • 4,258 SF
      434 Halifax Ave, Daytona Beach, FL 32118-4077
      View Details

    Similar Nearby for Sale

    • $1,513,000
      7,521 SF

      Seabreeze Blvd. Commercial Gem

      Daytona Beach Mixed-Use Investment Opportunity
      300 Seabreeze Blvd, Daytona Beach, FL 32118
      View Details
    • $1,250,000
      3,312 SF

      Daytona Beach Multifamily Investment

      Beachfront Six-Unit Income Property
      600 Oakridge Blvd, Daytona Beach, FL 32118
      View Details
    • $149,999

      Daytona Beach Commercial Land Parcel

      Prime Beachside Lot, 6,098 sq ft
      339 Manhattan Ave, Daytona Beach, FL 32118
      View Details
    • Contact for pricing
      23.22 Acres

      Oceanfront Daytona Beach Land

      Prime oceanfront acreage, high-density zoning.
      0 Lenox Ave, Daytona Beach, FL 32118
      View Details
    • Contact for pricing

      Daytona Beach Commercial Lot

      Beachfront retail opportunity; 11,954 sq ft.
      2060 Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • $1,050,000

      Daytona Beach Shores Waterfront Lot

      Prime Riverfront Estate Lot, 24,829 SF
      2914 Peninsula Dr, Daytona Beach, FL 32118
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      1,834 SF

      Beachside Office Space For Lease

      Prime Beachside Location, Fully Renovated
      1109 Peninsula Dr, Daytona Beach, FL 32118
      View Details
    • Contact for pricing

      Daytona Beach Commercial Land Opportunity

      Beachfront Land: Build-to-Suit or Lease
      1102 Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • Contact for pricing
      15,360 SF

      Daytona Beach Executive Office Suite

      Prime Beachfront Office Space, High Visibility
      433 Silver Beach Ave, Daytona Beach, FL 32118
      View Details
    • $15 SF/Yr
      7,200 SF

      Daytona Beach Retail/Restaurant Opportunity

      Retail/Restaurant property with high visibility and traffic in Daytona Beach.
      537 North Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • Contact for pricing
      3,000 SF

      Daytona Beach Retail Space Available

      Retail space available in Daytona Beach shopping center.
      2429 N Atlantic Ave, Daytona Beach, FL 32118
      View Details
    • $2,527 /Mo
      1,596 SF

      Daytona Beach Office Space For Rent

      1,596 SF open layout office space in Daytona Beach.
      140 S Atlantic Ave, Daytona Beach, FL 32118
      View Details
    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.
    350 International Speedway Blvd
    Daytona Beach, FL 32118
    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.